<SEC-DOCUMENT>0001292814-25-002055.txt : 20250513
<SEC-HEADER>0001292814-25-002055.hdr.sgml : 20250513
<ACCEPTANCE-DATETIME>20250513135217
ACCESSION NUMBER:		0001292814-25-002055
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		5
CONFORMED PERIOD OF REPORT:	20241231
FILED AS OF DATE:		20250513
DATE AS OF CHANGE:		20250513

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Banco BBVA Argentina S.A.
		CENTRAL INDEX KEY:			0000913059
		STANDARD INDUSTRIAL CLASSIFICATION:	COMMERCIAL BANKS, NEC [6029]
		ORGANIZATION NAME:           	02 Finance
		EIN:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12568
		FILM NUMBER:		25938939

	BUSINESS ADDRESS:	
		STREET 1:		AV. CORDOBA 111
		CITY:			C1054AAA BUENOS AIRES
		STATE:			C1
		ZIP:			00000
		BUSINESS PHONE:		2127595576

	MAIL ADDRESS:	
		STREET 1:		AV. CORDOBA 111
		CITY:			C1054AAA BUENOS AIRES
		STATE:			C1
		ZIP:			00000

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BBVA BANCO FRANCES SA
		DATE OF NAME CHANGE:	20001219

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FRENCH BANK OF THE RIO DE LA PLATA
		DATE OF NAME CHANGE:	19931005
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>bbarfs4q24_6k.htm
<DESCRIPTION>6-K
<TEXT>
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<!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 3.5pt solid; border-bottom: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>FORM 6-K</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Report of Foreign Issuer</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Pursuant to Rule 13a-16 or 15d-16</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>of the Securities Exchange Act of 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">For the month of May, 2025</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">Commission File Number: 001-12568</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 20pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Banco BBVA Argentina S.A.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Exact name of Registrant as specified in its charter)</P>

<P STYLE="font: 20pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>BBVA Argentina Bank S.A.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Translation of registrant&#8217;s name into English)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>111 C&oacute;rdoba Av., C1054AAA</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Buenos Aires, Argentina</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Address of principal executive offices)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Indicate by check mark whether the registrant files
or will file annual reports under cover of Form 20-F or Form 40-F:</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 29%; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 12pt">Form 20-F</FONT></TD>
    <TD STYLE="width: 14%">
    <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid">X</P></TD>
    <TD STYLE="width: 15%; font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 28%; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 12pt">Form 40-F</FONT></TD>
    <TD STYLE="width: 14%">
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  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Indicate by check mark if the registrant is submitting
the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 29%; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 12pt">Yes</FONT></TD>
    <TD STYLE="width: 14%">
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    <TD STYLE="width: 15%; font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 28%; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 12pt">No</FONT></TD>
    <TD STYLE="width: 14%">
    <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid">X</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Indicate by check mark if the registrant is submitting
the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 29%; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 12pt">Yes</FONT></TD>
    <TD STYLE="width: 14%">
<!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 0.5pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD>
    <TD STYLE="width: 15%; font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 28%; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 12pt">No</FONT></TD>
    <TD STYLE="width: 14%">
    <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid">X</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Indicate by check mark whether by furnishing the information
contained in this Form, the Registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934:</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 29%; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 12pt">Yes</FONT></TD>
    <TD STYLE="width: 14%">
<!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 0.5pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD>
    <TD STYLE="width: 15%; font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 28%; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 12pt">No</FONT></TD>
    <TD STYLE="width: 14%">
    <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid">X</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If &#8220;Yes&#8221; is marked, indicate below the
file number assigned to the registrant in connection with Rule 12g3-2(b): <U>N/A</U></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><BR STYLE="clear: both">
</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Banco BBVA Argentina S.A.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">TABLE OF CONTENTS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 13%">
    <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: black 1pt solid"><B>Item</B></P></TD>
    <TD STYLE="width: 87%; font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><A HREF="ex99-1.htm"><FONT STYLE="font-size: 12pt">1.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="ex99-1.htm"><FONT STYLE="font-size: 12pt">Financial Statements as of December 31, 2024.</FONT></A></TD></TR>
  <TR>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">SIGNATURES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 0.25in">Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-bottom: 20pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 20pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 5.4pt; padding-bottom: 20pt; padding-left: 5.4pt"><FONT STYLE="font-size: 12pt"><B>Banco BBVA Argentina S.A.</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 12pt">Date:&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 12pt">&nbsp;&nbsp;May 13, 2025</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 12pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 12pt">/s/</FONT> <FONT STYLE="font-size: 11pt">Carmen Morillo Arroyo</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 7%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 27%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 11%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 6%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 12pt">Name:</FONT></TD>
    <TD STYLE="width: 40%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 11pt">Carmen Morillo Arroyo</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 12pt">Title:</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 11pt">Chief Financial Officer</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>ex99-1.htm
<DESCRIPTION>EX-99.1
<TEXT>
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<P STYLE="margin: 0"></P>

<P STYLE="font: 7pt/85% BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 7pt/170% BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/85% BBVA Benton Sans Book; margin: 0 0 0 60.7pt; text-indent: -25.25pt">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt"><B>&nbsp;</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 127.55pt"><IMG SRC="image_002.jpg" ALT=""><FONT STYLE="font-family: BBVA Benton Sans Book"></FONT></P>

<P STYLE="font: 11pt BBVA Benton Sans Book; margin: 0 0 0 177.2pt"><B>&nbsp;</B></P>

<P STYLE="font: 11pt BBVA Benton Sans Book; margin: 0 0 0 134.65pt; color: #072146"><B>BANCO BBVA ARGENTINA S.A.</B></P>

<P STYLE="font: 11pt BBVA Benton Sans Book; margin: 0 0 0 134.65pt; color: #072146"><B>FINANCIAL STATEMENTS FOR THE</B></P>

<P STYLE="font: 11pt/11pt BBVA Benton Sans Book; margin: 0 0 0 134.65pt; color: #072146"><B>FISCAL YEAR ENDED</B></P>

<P STYLE="font: 11pt BBVA Benton Sans Book; margin: 0 0 0 134.65pt; color: #072146"><B>DECEMBER 31, 2024</B></P>

<P STYLE="font: 11pt BBVA Benton Sans Book; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 11pt BBVA Benton Sans Book; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 11pt BBVA Benton Sans Book; margin: 0; text-align: justify"><B>&nbsp;</B></P>


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<P STYLE="font: 10pt/112% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; color: #004481"><IMG SRC="image_002.jpg" ALT=""></P>

<P STYLE="font: 10pt/112% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; color: #004481">&nbsp;</P>

<P STYLE="font: 10pt/112% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; color: #004481"><B>Banco BBVA Argentina S.A.</B></P>

<P STYLE="font: 12pt/115% BBVA Benton Sans Book; margin: 0 0 0 35.45pt">&nbsp;</P>

<P STYLE="font: 12pt/115% BBVA Benton Sans Book; margin: 0 0 0 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt/11.2pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt; color: #004481"><B>TABLE OF CONTENTS </B></P>

<P STYLE="font: 12pt/115% BBVA Benton Sans Book; margin: 0 0 0 35.45pt">&nbsp;</P>

<P STYLE="font: 12pt/115% BBVA Benton Sans Book; margin: 0 0 0 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">Financial statements for the fiscal year
ended December 31, 2024, comparatively presented.</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">Consolidated Statement of Financial Position</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">Consolidated Statement of Income</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">Consolidated Statement of Other Comprehensive
Income</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">Consolidated Statement of Changes in Shareholders&#8217;
Equity</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">Consolidated Statement of Cash Flows</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">Notes</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">Exhibits</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">Separate Statement of Financial Position</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">Separate Statement of Income</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">Separate Statement of Other Comprehensive
Income</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">Separate Statement of Changes in Shareholders&#8217;
Equity</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">Separate Statement of Cash Flows</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">Notes</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">Exhibits</P>

<P STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">Project for the distribution of earnings</P>

<P STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">Reporting Summary</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">Audit report issued by the Independent Auditor
on the consolidated financial statements</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">Audit report issued by the Independent
Auditor on the separate financial statements</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt">Supervisory Committee&#8217;s Report</P>

<P STYLE="font: 10pt/112% BBVA Benton Sans Book; margin: 0 0 0 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt/112% BBVA Benton Sans Book; margin: 0 0 0 35.45pt">&nbsp;</P>



<P STYLE="font: 10pt/112% BBVA Benton Sans Book; margin: 0 0 0 35.45pt"></P>

<P STYLE="font: 10pt/112% BBVA Benton Sans Book; margin: 0 0 0 35.45pt">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CONSOLIDATED STATEMENT OF FINANCIAL POSITION
</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024 AND 2023</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 55)</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="2" STYLE="vertical-align: bottom; width: 59%">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="width: 9%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Notes and Exhibits</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="width: 15%; border-bottom: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="width: 15%; border-bottom: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>ASSETS</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Cash and deposits in banks</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">3 and P</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>2,823,883,767</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>2,488,919,061</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;Cash</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">1,781,763,440</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">1,583,725,745</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;Financial institutions and correspondents</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">1,042,120,327</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">905,193,316</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;&nbsp;B.C.R.A.</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">758,790,439</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">783,628,140</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;&nbsp;Other in the country and abroad</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">283,329,888</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">121,565,176</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Debt securities at fair value through profit or loss</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">4, A and P</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>91,797,177</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>492,324,281</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Derivative instruments</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">5 and P</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>9,863,462</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>21,780,413</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Repo transactions and surety bonds</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">6 and P</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>2,618,426,757</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Other financial assets</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">7</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>253,091,966</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>198,411,963</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Loans and other financing</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">8</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>7,538,571,532</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>4,301,897,429</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Non-financial Government sector</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">964,726</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">316,210</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other financial institutions</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">58,268,412</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">33,647,488</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Non-financial Private Sector and Residents Abroad</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">7,479,338,394</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">4,267,933,731</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Other debt securities</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">9, A and P</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>2,496,585,238</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>1,650,145,523</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Financial assets pledged as collateral</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">10 and P</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>462,967,978</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>569,743,007</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Current income tax assets</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">11.1</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>45,438,057</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>349,167</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Investments in equity instruments</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">12, A and P</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>12,657,707</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>11,347,464</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Investments in associates</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">13</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>23,817,993</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>26,929,047</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Property and equipment</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">14 and F</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>646,547,368</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>649,407,209</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Intangible assets</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">15 and G</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>69,228,950</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>72,161,118</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Deferred income tax assets</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">11.3</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>25,350,085</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>6,197,120</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Other non-financial assets</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">16</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>221,447,859</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>227,005,774</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Non-current assets held for sale</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">17</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>3,749,640</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>1,855,763</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>TOTAL ASSETS</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>14,724,998,779</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>13,336,901,096</B></FONT></TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-indent: 0.5in">The accompanying explanatory notes and exhibits are an integral
part of these consolidated financial statements.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 391.3pt">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CONSOLIDATED STATEMENT OF FINANCIAL POSITION
</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024 AND 2023</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 55)</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="2" STYLE="vertical-align: bottom; width: 59%">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="width: 9%; border-bottom: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Notes and Exhibits</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="width: 15%; border-bottom: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="width: 15%; border-bottom: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>LIABILITIES</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Deposits</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">18, H and P</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>9,929,679,125</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>7,925,054,235</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Non-financial Government sector</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">120,614,473</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">74,112,350</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financial Sector</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">4,327,184</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">5,603,327</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Non-financial Private Sector and Residents Abroad</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">9,804,737,468</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">7,845,338,558</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Liabilities at fair value through profit or loss</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">19</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>22,495,621</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Derivative instruments</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">5 and P</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>3,858,635</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>4,671,486</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Other financial liabilities</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">20 and P</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>1,195,339,210</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>976,139,925</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Financing received from the BCRA and other financial institutions</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">21 and P</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>200,930,558</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>61,387,247</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Corporate bonds issued</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">22 and P</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>115,898,590</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>27,910,020</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Current income tax liabilities</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">11.2</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>13,774,022</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>418,467,790</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Provisions</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">23 and J</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>47,098,283</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>45,128,635</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Deferred income tax liabilities</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">11.3</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>50,991,717</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Other non-financial liabilities</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">24</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>597,488,183</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>703,413,124</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>TOTAL LIABILITIES</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12,104,066,606</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>10,235,659,800</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>EQUITY</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Share capital</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">26</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>612,710</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>612,710</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Non-capitalized contributions</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>6,744,974</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>6,744,974</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Capital adjustments</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>902,627,443</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>902,627,443</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Reserves</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>1,266,599,683</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>1,415,790,037</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Other accumulated comprehensive income</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>49,037,154</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>378,027,252</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Income for the year</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>353,242,437</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>358,310,939</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Equity attributable to owners of the Parent</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>2,578,864,401</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>3,062,113,355</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Equity attributable to non-controlling interests</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>42,067,772</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>39,127,941</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>TOTAL EQUITY</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>2,620,932,173</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>3,101,241,296</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>TOTAL LIABILITIES AND EQUITY</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>14,724,998,779</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>13,336,901,096</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-indent: 0.25in">The accompanying explanatory notes and exhibits are an
integral part of these consolidated financial statements.</P>


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    <!-- Field: /Page -->

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CONSOLIDATED STATEMENT OF INCOME </B></P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>FOR THE FISCAL YEARS ENDED DECEMBER
31, 2024 and 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 55)</P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 54%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Notes and Exhibits</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 14%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Interest income</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">27 and Q</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">4,696,241,574</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">6,933,449,775</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Interest expense</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">28 and Q</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(1,763,174,731)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(3,386,243,698)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Net interest income</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>2,933,066,843</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>3,547,206,077</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Commission income</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">29 and Q</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">555,263,188</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">554,853,070</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Commission expense</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">30 and Q</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(272,679,863)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(252,260,084)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Net commission income</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>282,583,325</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>302,592,986</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Net income/(loss) from measurement of financial instruments at fair value through profit or loss</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">31 and Q</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">147,665,951</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(52,237,951)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Net income from write-down of assets at amortized cost and at fair value through OCI</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">32</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">241,671,545</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">88,391,254</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Foreign exchange and gold gains</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">33</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">54,636,460</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">457,541,435</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Other operating income</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">34</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">142,790,472</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">146,440,914</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Impairment of financial assets</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">35</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(217,655,681)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(166,331,128)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Net operating income</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>3,584,758,915</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>4,323,603,587</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Personnel benefits</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">36</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(515,595,297)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(540,272,252)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Administrative expenses</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">37</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(564,278,023)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(543,241,537)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Asset depreciation and impairment</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">38</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(79,611,677)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(62,448,521)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Other operating expenses</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">39</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(495,272,747)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(575,555,894)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Operating income</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>1,930,001,171</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>2,602,085,383</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Income from associates and joint ventures</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">50,755</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">2,518,723</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Loss on net monetary position</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.1.5.&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(1,485,575,930)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(1,946,902,761)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Income before income tax</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>444,475,996</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>657,701,345</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Income tax</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146">11.4</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(86,823,343)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(298,525,376)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Net income for the year</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>357,652,653</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>359,175,969</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Net income for the year attributable to:</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Owners of the Bank</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">353,242,437</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">358,310,939</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Non-controlling interests</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">4,410,216</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">865,030</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="8" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">The accompanying explanatory notes and exhibits are an integral part of these consolidated financial statements.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 7pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 7pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 7pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 7pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 7pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CONSOLIDATED STATEMENT OF INCOME </B></P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>FOR THE FISCAL YEARS ENDED DECEMBER
31, 2024 AND 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>EARNINGS PER SHARE</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024 AND 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 55)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="2" STYLE="width: 68%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Accounts</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="width: 15%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="width: 15%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Numerator:</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Net income attributable to owners of the Parent</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">353,242,437</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">358,310,939</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Net income attributable to owners of the Parent adjusted to reflect the effect of dilution</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">353,242,437</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">358,310,939</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Denominator:</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Weighted average of outstanding common shares for the year</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">612,710,079</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">612,710,079</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Weighted average of outstanding common shares for the year adjusted to reflect the effect of dilution</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">612,710,079</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">612,710,079</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Basic earnings per share (stated in pesos)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146">576.5246</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146">584.7969</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Diluted earnings per share (stated in pesos) (1)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146">576.5246</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146">584.7969</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 7pt/112% BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 7pt/7.85pt BBVA Benton Sans Book; margin: 0 0 0 7.1pt; text-align: justify">(1) As Banco BBVA Argentina S.A. has not issued
financial instruments with dilution effects on earnings per share, basic earnings and diluted earnings per share are equal.</P>

<P STYLE="font: 12pt/115% BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt/115% BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt/115% BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt/115% BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt/115% BBVA Benton Sans Book; margin: 0">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CONSOLIDATED STATEMENT OF OTHER COMPREHENSIVE
INCOME </B></P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>FOR THE FISCAL YEARS ENDED DECEMBER
31, 2024 AND 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 55)</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 59%">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Note</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 14%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 14%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Net income for the year</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>&#9;357,652,653&#9;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>&#9;359,175,969&#9;</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Other comprehensive income components to be reclassified to income/(loss) for the year:</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Profit or losses from financial instruments at fair value through OCI</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Profit or losses from financial instruments at fair value through OCI</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(381,707,896)</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">724,028,277</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 6pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Adjustment for reclassifications for the year</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(122,608,090)</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(75,817,890)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Income tax</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">11.4</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">173,711,328</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(220,876,116)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>(330,604,658)</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>427,334,271</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Other comprehensive income components not to be reclassified to income/(loss) for the year:</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Income or loss on equity instruments at fair value through OCI </B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Income/(loss) for the year from equity instruments at fair value through OCI</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">144,175</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">3,013,301</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>144,175</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>3,013,301</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Total Other Comprehensive Income/(loss) for the year</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>(330,460,483)</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>430,347,572</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Total Comprehensive Income</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>27,192,170</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>789,523,541</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Total Comprehensive Income:</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Attributable to owners of the Bank</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">24,252,339</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">787,188,041</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Attributable to non-controlling interests</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">2,939,831</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">2,335,500</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="8" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">The accompanying explanatory notes and exhibits are an integral part of these consolidated financial statements.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 1pt BBVA Benton Sans Book; margin: 0 0 0 49.6pt">&nbsp;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS&#8217;
EQUITY </B></P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>FOR THE FISCAL YEAR ENDED DECEMBER 31,
2024</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 55)</P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="17" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; padding-left: 1.6pt; text-align: center; text-indent: -1.6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Share Capital</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Non-capitalized contributions</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Other Comprehensive Income/(loss)</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" ROWSPAN="2" STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Reserves</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 13%">&nbsp;</TD>
    <TD ROWSPAN="3" STYLE="vertical-align: bottom; width: 7%; border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Outstanding shares</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD ROWSPAN="3" STYLE="vertical-align: bottom; width: 8%; border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Share premium</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD ROWSPAN="3" STYLE="vertical-align: bottom; width: 8%; border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Income/(loss) on financial instruments at fair value through OCI</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 6%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 6%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 8%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD ROWSPAN="3" STYLE="vertical-align: bottom; width: 7%; border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Total equity attributable to controlling interests</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD ROWSPAN="3" STYLE="vertical-align: bottom; width: 9%; border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Total equity attributable to non-controlling interests</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD ROWSPAN="3" STYLE="width: 11%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Equity adjustments</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black"><B>&nbsp;Retained Earnings</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-indent: 21.25pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Transactions</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Legal</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Other</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>Restated balances at the beginning of the year</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">



    <P STYLE="font: 6pt BBVA Benton Sans Book; margin: 0; color: #004481; text-indent: 17.1pt"><B>612,710&nbsp;</B></P></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">



    <P STYLE="font: 6pt BBVA Benton Sans Book; margin: 0; color: #004481; text-indent: 9.45pt"><B>6,744,974&nbsp;</B></P></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">



    <P STYLE="font: 6pt BBVA Benton Sans Book; margin: 0; color: #004481; text-indent: 0.05pt"><B>902,627,443&nbsp;</B></P></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">
    <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 23.25pt">&nbsp;</P>


    <P STYLE="font: 6pt BBVA Benton Sans Book; margin: 0; color: #004481"><B>378,027,252&#9;</B></P></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">
    <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 9.75pt">&nbsp;</P>


    <P STYLE="font: 6pt BBVA Benton Sans Book; margin: 0; color: #004481"><B>580,924,443&#9;</B></P></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">



    <P STYLE="font: 6pt BBVA Benton Sans Book; margin: 0; color: #004481; text-indent: 0.55pt"><B>834,865,594&nbsp;</B></P></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">



    <P STYLE="font: 6pt BBVA Benton Sans Book; margin: 0; color: #004481; text-indent: 6.25pt"><B>358,310,939&nbsp;</B></P></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">



    <P STYLE="font: 6pt BBVA Benton Sans Book; margin: 0; color: #004481; text-indent: 5.2pt"><B>3,062,113,355&nbsp;</B></P></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">



    <P STYLE="font: 6pt BBVA Benton Sans Book; margin: 0; color: #004481; text-indent: 22.15pt"><B>39,127,941&nbsp;</B></P></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">



    <P STYLE="font: 6pt BBVA Benton Sans Book; margin: 0; color: #004481; text-indent: 13.85pt"><B>3,101,241,296&nbsp;</B></P></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Total comprehensive income for the year</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;- Net income for the year</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&#9;353,242,437&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&#9;353,242,437&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&#9;4,410,216&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&#9;357,652,653&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">- Other comprehensive loss for the year</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">
    <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 20.8pt">&nbsp;</P>
    <P STYLE="font: 6pt BBVA Benton Sans Book; margin: 0">(328,990,098)&#9;</P></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">&#9;-&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">&#9;-&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">&#9;-&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">
    <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 7.3pt">&nbsp;</P>
    <P STYLE="font: 6pt BBVA Benton Sans Book; margin: 0">(328,990,098)&#9;</P></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">
    <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 23.85pt">&nbsp;</P>
    <P STYLE="font: 6pt BBVA Benton Sans Book; margin: 0">(1,470,385)&#9;</P></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">
    <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 15.7pt">&nbsp;</P>
    <P STYLE="font: 6pt BBVA Benton Sans Book; margin: 0">(330,460,483)&#9;</P></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">&nbsp;-&nbsp;&nbsp;Distribution of Retained Earnings approved by the Shareholders&#8217; Meeting held on April 26, 2024 (Note 44 to the consolidated financial statements):</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">&nbsp;&nbsp;Legal Reserve</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">&#9;71,662,188&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">&#9;-&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">&#9;(71,662,188)&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">&nbsp;&nbsp;Other</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">&#9;286,648,751&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">&#9;(286,648,751)&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">&nbsp;-&nbsp;&nbsp;Distribution of dividends approved by the Shareholders&#8217; Meeting held on April 26, by the B.C.R.A. on May 3, and by the Board of Directors&#8217; at its meeting held on May 6, 2024 (Note 44):</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">Dividends in kind and in cash(1)</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">&#9;(507,501,293)&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">&#9;-&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">&#9;(507,501,293)&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">&#9;-&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">&#9;(507,501,293)&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Balances at fiscal year end</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>&#9;612,710&#9;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>&#9;6,744,974&#9;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>&#9;902,627,443&#9;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>&#9;49,037,154&#9;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>&#9;652,586,631&#9;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>&#9;614,013,052&#9;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>&#9;353,242,437&#9;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>&#9;2,578,864,401&#9;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>&#9;42,067,772&#9;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>&#9;2,620,932,173&#9;</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD COLSPAN="18" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">&nbsp;(1)&nbsp;Dividends per share amounts to pesos 431.24 (in nominal values)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="18" STYLE="padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 6pt/6pt BBVA Benton Sans Book; margin: 2.65pt 0 1.5pt">The accompanying explanatory notes and exhibits are an integral
part of these consolidated financial statements.</P>
    <P STYLE="font: 6pt BBVA Benton Sans Book; margin: 0">&nbsp;</P></TD></TR>
  </TABLE>
<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>


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<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CONSOLIDATED STATEMENT OF CHANGES IN
SHAREHOLDERS&#8217; EQUITY </B></P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>FOR THE FISCAL YEAR ENDED DECEMBER 31,
2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 55)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="17" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>2023</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;Share</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Non-capitalized </B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Other Comprehensive</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;capital</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>contributions</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Income /(loss)</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Reserves</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 27%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD ROWSPAN="4" STYLE="vertical-align: bottom; width: 5%; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Outstanding shares</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD ROWSPAN="4" STYLE="vertical-align: bottom; width: 6%; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Share premium</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 5%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD ROWSPAN="4" STYLE="vertical-align: bottom; width: 8%; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Income / (Loss) on financial instruments at fair value through OCI</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 7%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 5%; border-top: black 1pt solid">&nbsp;</TD>
    <TD ROWSPAN="4" STYLE="vertical-align: bottom; width: 6%; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>&nbsp;Retained earnings</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD ROWSPAN="4" STYLE="vertical-align: bottom; width: 7%; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Total equity attributable to controlling interests </B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD ROWSPAN="4" STYLE="vertical-align: bottom; width: 8%; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Total equity attributable to non-controlling interests</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD ROWSPAN="4" STYLE="width: 8%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Equity adjustments</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-indent: 21.25pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Transactions</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Legal</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Other</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>Restated balances at the beginning of the year</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>612,710</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>6,744,974</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>902,627,443</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(50,849,850)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>501,141,870</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>685,322,910</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>398,912,866</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>2,444,512,923</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>36,641,274</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>2,481,154,197</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Total comprehensive income for the year</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;- Net income for the year</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">358,310,939</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">358,310,939</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">865,030</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">359,175,969</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;- Other comprehensive income for the year</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">428,877,102</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">428,877,102</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1,470,470</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">430,347,572</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;-&nbsp;&nbsp;Distribution of Retained Earnings approved
by the Shareholders&#8217; Meeting held on April 28, 2023 (Note 44):</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 6pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Legal Reserve</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">79,782,573</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(79,782,573)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">319,130,293</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(319,130,293)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: justify; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;-&nbsp;&nbsp;Distribution of dividends, approved
by the Superintendency of Financial and Foreign Exchange Institutions of the BCRA on May 31 and by the Board of Directors at its meeting
held on June 7, 2023 (Note 44 to the consolidated financial statements):</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: justify; line-height: 6pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Dividends in kind and in cash (1)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(169,587,609)</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(169,587,609)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(169,587,609)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;- Subsidiary&#8217;s capital increase (Note 2.2.)</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">151,167</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">151,167</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black"><B>Balances at fiscal year-end</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>612,710</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>6,744,974</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>902,627,443</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>378,027,252</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>580,924,443</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>834,865,594</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>358,310,939</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>3,062,113,355</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>39,127,941</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>3,101,241,296</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 1pt BBVA Benton Sans Book; margin: 0; color: #072146">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 100%; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(1)&nbsp;&nbsp;&nbsp;&nbsp;Dividends per share amounts to pesos 58.05 (in nominal values)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 6pt/6pt BBVA Benton Sans Book; margin: 2.65pt 0 1.5pt">The accompanying explanatory notes and exhibits are an integral
part of these consolidated financial statements.&nbsp;</P></TD></TR>
  </TABLE>

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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CONSOLIDATED STATEMENT OF CASH FLOWS </B></P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>FOR THE FISCAL YEARS ENDED DECEMBER
31, 2024 AND 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 55)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; color: #072146"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 68%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Accounts</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 15%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 14%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Cash flows from operating activities</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><B>Income before income tax</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>444,475,996</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>657,701,345</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><B>Adjustment for total monetary income for the year</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>1,485,575,930</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>1,946,902,761</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><B>Adjustments to obtain cash flows from operating activities:</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>940,788,901</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>(934,787,650)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Depreciation and amortization</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">79,611,677</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">62,448,521</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Impairment of financial assets</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">217,655,681</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">166,331,128</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Effect of foreign exchange changes on cash and cash equivalents</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">541,852,227</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(1,247,476,057)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Other adjustments</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">101,669,316</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">83,908,758</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><B>Net decreases from operating assets:</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>(8,626,247,343)</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>(10,289,003,037)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Debt securities at fair value through profit or loss</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">139,961,931</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(622,986,975)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Derivative instruments</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">1,240,019</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(31,024,615)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Repo transactions and surety bonds</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">1,069,328,997</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(3,335,569,545)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Loans and other financing</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(6,705,212,841)</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(4,692,924,170)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;&nbsp;Non-financial Government sector</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(1,151,102)</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(1,077,758)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;Other financial institutions</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(44,722,634)</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(35,757,728)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;Non-financial Private Sector and Residents Abroad</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(6,659,339,105)</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(4,656,088,684)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Other debt securities</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(2,715,058,005)</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(446,125,370)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Financial assets pledged as collateral</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(176,852,286)</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(719,791,454)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Investments in equity instruments</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(96,958,599)</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(9,875,170)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Other assets</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(142,696,559)</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(430,705,738)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><B>Net increases from operating liabilities:</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>8,620,083,208</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>9,944,389,403</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Deposits</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">7,762,537,399</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">7,960,632,428</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;Non-financial Government sector</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">206,884,091</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">73,165,965</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;Financial sector</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">17,181,908</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">7,448,076</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;Non-financial Private Sector and Residents Abroad</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">7,538,471,400</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">7,880,018,387</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Liabilities at fair value through profit or loss</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(16,571,099)</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">23,064,821</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Derivative instruments</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">1,824,916</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">8,296,920</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Repo transactions and surety bonds</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">8,331,275</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">79,692</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Other liabilities</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">863,960,717</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">1,952,315,542</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Income tax paid</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(274,977,772)</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(15,377,796)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Total cash flows generated by operating activities</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>2,589,698,920</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>1,309,825,026</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CONSOLIDATED STATEMENT OF CASH FLOWS </B></P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>FOR THE FISCAL YEARS ENDED DECEMBER
31, 2024 AND 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 55)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; color: #072146">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 68%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Accounts</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 15%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 15%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Cash flows from investing activities</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><B>Payments:</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>(166,029,679)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>(96,161,217)</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;Purchase of property and equipment, intangible assets and other assets</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(164,525,453)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(91,783,378)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;Other payments related to investing activities</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(1,504,226)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(4,377,839)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><B>Collections:</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>3,633,976</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>2,533,639</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;Other collections related to investing activities</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">3,633,976</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">2,533,639</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Total cash flows used in investing activities</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>(162,395,703)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>(93,627,578)</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Cash flows from financing activities</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><B>Payments:</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>(114,415,612)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>(90,253,305)</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;Dividends</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(90,609,727)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(606,095)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;Non-subordinated corporate bonds</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(10,729,920)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(1,231,274)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Financing from local financial institutions</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(74,854,530)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Payment of lease liabilities</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(13,075,965)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(13,561,406)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><B>Collections:</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>238,807,228</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>32,638,527</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;Non-subordinated corporate bonds</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">99,271,683</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">30,821,854</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;Financing from local financial institutions</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">101,954,554</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;Other collections related to financing activities</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">37,580,991</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">1,816,673</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Total cash flows generated by / (used in) financing activities</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>124,391,616</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>(57,614,778)</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Effect of exchange rate changes on cash and cash equivalents</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(541,852,227)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">1,247,476,057</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Effect of net monetary income/(loss) of cash and cash equivalents</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(1,674,877,900)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(1,926,374,406)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Total changes in cash flows</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>334,964,706</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>479,684,321</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Restated cash and cash equivalents at the beginning of the year (Note 3)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>2,488,919,061</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>2,009,234,740</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Cash and cash equivalents at fiscal year-end (Note 3)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>2,823,883,767</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>2,488,919,061</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="5" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">The accompanying explanatory notes and exhibits are an integral part of these consolidated financial statements.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>


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<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024, COMPARATIVE
WITH THE PREVIOUS FISCAL YEAR</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.)</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>(Translation of Financial statements
originally issued in Spanish &#8211; See Note 55)</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: center; text-indent: 35.45pt; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; color: #072146"><B>1. General Information</B></P>

<P STYLE="font: 10pt/10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; color: #004481"><B>1.1. Information on Banco BBVA Argentina S.A.</B></P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 10.35pt; color: #004481"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Banco BBVA Argentina S.A. (hereinafter,
either &#8220;BBVA Argentina&#8221;, the &#8220;Entity&#8221; or the &#8220;Bank&#8221;) is a corporation (<I>&#8220;sociedad an&oacute;nima&#8221;</I>)
incorporated under the laws of Argentina, operating as a universal bank with a network of 235 national branches.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Since December 1996, BBVA Argentina is
part of the global strategy of Banco Bilbao Vizcaya Argentaria S.A. (hereinafter, either &#8220;BBVA&#8221; or the &#8220;Parent&#8221;),
which directly and indirectly controls the Entity, by holding 66.55% of the share capital as of December 31, 2024.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">These consolidated financial statements
include the Entity and its subsidiaries (collectively referred to as the &#8220;Group&#8221;). Basis of consolidation is described in
Note 2.2.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Part of the Entity's share capital is publicly
traded and has been registered with the Buenos Aires Stock Exchange, the New York Stock Exchange, and the Madrid Stock Exchange.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 12pt 28.35pt; text-align: justify; color: #004481"><B>1.2 Evolution of the
macroeconomic situation and the financial and capital systems</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">In recent years, the Argentine financial
market has observed a prolonged period of volatility in the market values of public and private financial instruments, including a high
level of country risk, an increase in the official exchange rate between the Argentine peso and the US dollar, an increase in interest
rates, and a significant acceleration in the rate of inflation (see note 2.1.5. Measuring Unit).</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">On December 10, 2023, the new authorities
of the Argentine National Government took office and promoted a series of emergency measures within the framework of an economic policy
proposal that, among its main objectives, seeks to the elimination of the fiscal deficit based on the reduction of the primary public
expenditure of both the Nation and the Provinces, and the resizing of the State&#8217;s structure, by eliminating subsidies and transfers.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Particularly, as regards the U.S. dollar
price, since the end of 2019 the gap between the official U.S. dollar price -mainly used for foreign trade- and the market alternative
values, reaching caps of around 200% by the end of 2023. During this period, the Argentine peso experienced a devaluation of nearly 55%.
In 2024, the referred gap has significantly narrowed, amounting to approximately 12% as of the date of these financial statements.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">On the other hand, the National Government
and the BCRA reformulated monetary and financial policies to drastically reduce the so-called quasi-fiscal deficit. The exchange of the
BCRA's obligations with banks, including puts on public securities held by financial institutions, and their transfer to the National
Treasury together with the fiscal surplus obtained by the National Government and the rollover of peso-denominated debt services, significantly
absorbed the money surplus in the economy, thereby reducing both inflation (8% during the fourth quarter of 2024) and nominal interest
rates.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">In terms of the national public debt management,
a restructuring process has been observed, including various voluntary swaps and agreements reached regarding claims with the Paris Club
and the International Monetary Fund. In addition, in recent months, the authorities in charge of the Ministry of National Economy and
the BCRA (Central Bank of Argentina) have implemented restrictive monetary policy measures, along with a process of debt transfer from
the BCRA to the National Treasury. This included the repurchase by the BCRA of a large portion of the put options on public securities
held by financial institutions.</P>


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<P STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The comprehensive program pursued by the
new Administration includes economic, legal, foreign relations, infrastructure and other reforms. On December 20, 2023, Emergency Decree
No. 70/2023 was issued establishing a significant number of reforms regarding which different players filed constitutional protection
actions in Court in order to stop them from being implemented. In addition, on July 8, 2024, Law 27,742, as enacted by the Federal Executive
through Executive Decree No. 592/2024, was published on the Official Gazette, includes issues such as delegated powers to the Federal
Executive, and tax, labor, and social security reforms, among others. As of the date of these financial statements, the referred law is
pending regulation.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Additionally, the national and international
macroeconomic context generates a certain degree of uncertainty regarding its future evolution with regard to the level of economic recovery
at the global level.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">For all of the above, the Entity&#8217;s
Management permanently monitors the macro and local environment to determine the actions to adopt and identify potential impacts on the
Entity&#8217;s assets and financial situation, which could be reflected in the financial statements of future periods.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; color: #072146"><B>2. Basis for the preparation of these financial
statements and applicable accounting standards</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #004481"><B>2.1. Basis for preparation</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 49.65pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt">2.1.1. <B><U>Applicable Accounting Standards</U></B></P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt"><B>&nbsp;</B></P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">These consolidated financial statements of
the Bank were prepared in accordance with the financial reporting framework set forth by the BCRA (Communication &#8220;A&#8221; 6114
as supplemented by the BCRA). Except for the exceptions established by the BCRA which are explained in the following paragraph, such framework
is based on IFRS Accounting Standards (International Financial Reporting Standards) as issued by the IASB (International Accounting Standards
Board) and adopted by the Argentine Federation of Professionals Councils in Economic Sciences (FACPCE, for its acronym in Spanish). The
abovementioned international standards include the International Financial Reporting Standards (IFRS), the International Accounting Standards
(IAS) and the interpretations developed by the IFRS Interpretations Committee (IFRIC) or former IFRIC (SIC).</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Out of the exceptions set forth by the BCRA
to the application of current IFRS Accounting Standards, the following affects the preparation of these consolidated financial statements:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">a)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Within the framework of the convergence
process to IFRS Accounting Standards established by Communication &#8220;A&#8221; 6114, as amended and supplemented, the BCRA provided
that for fiscal years starting on or after January 1, 2020, financial institutions defined as &#8220;Group A&#8221; according to BCRA
regulations, as such is the case of the Entity, are required to start to apply paragraph 5.5 &#8220;Impairment&#8221; of IFRS 9 &#8220;Financial
Instruments&#8221; (paragraphs B5.5.1 through B5.5.55) except for exposures to the public sector, considering the exclusion set forth
by Communication &#8220;A&#8221; 6847.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 49.6pt; text-align: justify; text-indent: -21.25pt">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 49.6pt; text-align: justify">Had the abovementioned paragraph 5.5. &#8220;Impairment&#8221;
been applied in full, according to a global estimate made by the Entity, as of December 31, 2024 and 2023, its shareholders&#8217; equity
would have been reduced by 5,104,941 and 20,384,548, respectively.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Except for what was mentioned in the previous
paragraphs, the accounting policies applied by the Entity comply with the IFRS Accounting Standards that have been currently approved
and are applicable in the preparation of these consolidated financial statements in accordance with the IFRS Accounting Standards as adopted
by the BCRA as per Communication &#8220;A&#8221; 8164. In general, the BCRA does not allow the early application of any IFRS Accounting
Standards, unless otherwise specified.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">These financial statements were approved
by the Board of Directors of Banco BBVA Argentina S.A. on March 5, 2025.</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">2.1.2. <B><U>Figures stated in thousands of pesos</U></B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">These consolidated financial statements expose
figures stated in thousands of Argentine pesos in terms of purchasing power as of December 31, 2024 and are rounded to the nearest amount
in thousands of pesos.</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The Entity and its subsidiaries consider
the Argentine peso as their functional and presentation currency.</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">2.1.3. <B><U>Presentation of Statement of
Financial Position</U></B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 0.85in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The Entity presents its Statement of Financial
Position in order of liquidity, according to the model set forth in Communication &#8220;A&#8221; 6324 of the BCRA.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Financial assets and financial liabilities
are generally reported in gross figures in the Statement of Financial Position. They are offset and reported on a net basis only if there
is a legal and unconditional right to offset them and Management has the intention to settle them on a net basis or to realize assets
and settle liabilities simultaneously.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">These consolidated financial statements were
prepared on the basis of historical amounts, except for certain species which were valued at Fair value through Other Comprehensive Income
(OCI) or at Fair Value through Profit or Loss. In addition, in the case of derivatives, both assets and liabilities were valued at Fair
Value through profit or loss.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">2.1.4. <B><U>Comparative information</U></B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The Consolidated Statements of Financial
Position, Income, Other Comprehensive Income, Changes in Shareholders&#8217; Equity and Cash Flows and the related Notes as of December
31, 2024 are presented comparatively with the previous fiscal year end.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The figures of comparative information have
been restated in order to consider the changes in the general purchasing power of the currency and, as a result, are stated in the measuring
unit current as of the end of the reporting year (see &#8220;Measuring unit&#8221; below).</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">2.1.5. <B><U>Measuring Unit</U></B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">These consolidated condensed interim financial
statements as of December 31, 2024 have been restated to be expressed in the purchasing power currency as of that date, as set forth in
IAS 29 &#8220;Financial Reporting in Hyperinflationary Economies&#8221; and considering, in addition, the particular rules issued by the
BCRA in Communications &#8220;A&#8221; 6651, 6849, as amended and supplemented, which established that such method should be applied to
financial statements for fiscal years starting on, and after January 1, 2020 and defined December 31, 2018 as transition date.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">IFRS Accounting Standards require that the
financial statements of an entity whose functional currency is that of a hyperinflationary economy be restated in constant currency. In
order to achieve uniformity in the identification of such an economic environment, IAS 29 establishes (i) certain non-exclusive qualitative
indicators consisting of analyzing the behavior of the population, prices, interest rates and salaries in view of the evolution of price
indexes and the loss of purchasing power of the currency, and (ii) as a quantitative characteristic, which is the condition most commonly
considered in practice, to verify whether the cumulative inflation rate in three years approaches or exceeds 100%. Due to several macroeconomic
factors, three-year inflation was above this figure, while the national government's targets and other available projections indicate
that this trend will not be reversed in the short term.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Such restatement should be made as if the
economy has always been hyperinflationary, using a general price index that reflects the changes in the purchasing power of currency.
In order to make such restatements, a series of indexes prepared and published on a monthly basis by the Argentine Federation of Professional
Councils of Economic Sciences (&#8220;FACPCE&#8221;), which combines the consumer price index (CPI) as from January 2017 (base month:
December 2016) with the domestic wholesale price index (IPIM, as per its Spanish acronym) published by INDEC until such date, computing
for November and December 2015, for which the INDEC did not published any information on the variation of the IPIIM, the variation of
the CPI in the City of Buenos Aires.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Considering the index referred to above,
inflation for the fiscal years ended December 31, 2024 and 2023 was 117.76% and 211.41%, respectively.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Below is a description of the main impacts
of applying IAS 29 and the restatement process of financial statements set forth by Communication &#8220;A&#8221; 6849, as supplemented,
of the BCRA:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B>a)</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B>Description of the main aspects of
the restatement process of the statement of financial position: </B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 49.65pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.9pt"></TD><TD STYLE="width: 24pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">i.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Monetary items (those with a fixed nominal
value in local currency) are not restated, as they are already expressed in the measuring unit current as of the end of the reporting
year. In an inflationary period, holding monetary assets generates a loss of purchasing power and holding monetary liabilities generates
a gain in purchasing power, provided that such items are not subject to an adjustment mechanism that may offset these effects to some
extent. Gain or loss on net monetary position is included in income (loss) for the reporting year.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.9pt"></TD><TD STYLE="width: 24pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">ii.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Assets and liabilities subject to adjustments
pursuant to specific agreements are adjusted according to such agreements.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.9pt"></TD><TD STYLE="width: 24pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">iii.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Non-monetary items measured at their
current values at the end of the reporting year are not restated for their presentation in the statement of financial position, but the
adjustment process must be completed in order to determine in terms of constant measuring unit, the gain or loss generated for holding
those non-monetary items.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.9pt"></TD><TD STYLE="width: 24pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">iv.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Non-monetary items measured at historical
cost or at a value current as of a date prior to the end of the reporting year are restated at indexes that reflect the variation occurred
in the general price index as from the date of acquisition or restatement until the closing date, and then the restated amounts of said
assets are compared with the relevant recoverable values. Charges to income or loss for the year of depreciation of property and equipment
and amortization of intangible assets, as well as any other consumption of non-monetary assets are determined based on the new restated
amounts.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.9pt"></TD><TD STYLE="width: 24pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">v.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">The restatement of non-monetary assets
in terms of a measuring unit current at the end of the reporting year without an equivalent adjustment for tax purposes results in a taxable
temporary difference and the recognition of deferred tax liabilities, whose balancing entry is recognized in income or loss for the year.
</FONT></TD></TR></TABLE>


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<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B>b)</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B>Description of the main aspects of
the restatement process of the statements of income and other comprehensive income:</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.6pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">i.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Expenses and income are restated as
from the date of their booking, except those income or loss items that reflect or include in their determination the consumption of assets
in purchasing power currency of a date prior to the booking of the consumption, which are restated taking as basis the date of origination
of the asset with which the item is related; and also except for income or loss arising from comparing two measurements expressed in purchasing
power currency of different dates, for which it is necessary to identify the amounts compared, restate them separately, and make the comparison
again, but with the amounts already restated.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.6pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">ii.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Gain or loss on net monetary position
will be classified according to the item that originated it, and is presented in a separate line reflecting the effect of inflation on
monetary items.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B>c)</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B>Description of the main aspects of
the restatement process of the statement of changes in shareholders&#8217; equity:</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">i.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">As of the transition date (December
31, 2018), the Entity has applied the following procedures: </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 63.8pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">a)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Equity items, except those stated below,
are restated as from the date on which they were subscribed for or paid-in, as set forth in Communication &#8220;A&#8221; 6849 for each
particular item. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 63.8pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">b)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Reserves, including the reserve for
first time application of IFRS Accounting Standards, were maintained at their nominal value as of the transition date (non-restated legal
amount).</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 63.8pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">c)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Restated retained earnings are determined
according to the difference between restated net assets as of the transition date and the rest of the components of initial equity restated
as described above.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 63.8pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">d)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Balances of other accumulated comprehensive
income were restated as of the transition date. </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">ii.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">After the restatement as of the transition
date stated in (i) above, all the shareholders&#8217; equity components are restated by applying the general price index from the beginning
of the fiscal year and each variation of those components is restated from the date of contribution or from the moment such variation
occurred by other means, restating the balances of other accumulated comprehensive income according to the items that give rise to it.
Under BCRA requirements, the restatement of share capital and additional paid-in capital is disclosed under &#8220;Inflation adjustment
to the share capital&#8221; account.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 56.7pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B>d)</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B>Description of the main aspects of
the restatement process of the statement of cash flows:</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.5pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">i.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">All items are restated in terms of the
measuring unit current as of the end of the reporting year.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.5pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">ii.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Monetary gain or loss on the components
of cash and cash equivalents are disclosed in the statement of cash flows after operating, investing and financing activities, in a separate
line and independent from them, under &#8220;Effect of net monetary income/(loss) of cash and cash equivalents&#8221;.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #004481"><B>2.2. Basis for consolidation
</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The consolidated financial statements comprise
the Entity&#8217;s and its subsidiaries&#8217; financial statements (the &#8220;Group&#8221;) as of December 31, 2024.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Subsidiaries are all entities controlled
by the Bank. The Bank controls an entity when it is exposed to, or has rights to, variable returns from its continued involvement with
the entity and has the ability to manage the operating and financial policies of that entity, in order to affect those returns.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">This is generally observed in the case of
an ownership interest representing more than 50% of its shares entitled to vote.</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">However, under particular circumstances,
the Entity may exercise control with an ownership interest below 50% or may not exercise control even with an ownership interest above
50% in the shares of an investee.</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">When assessing if an Entity has power over
an investee and therefore, whether it controls the variability of its yields, the Entity considers all the relevant events and circumstances,
including:</P>

<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">The purpose and design of the investee.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">The relevant activities, the decision-making process on these activities
and whether the Entity and its subsidiaries can manage those activities.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Contractual agreements such as call options, put options and settlement
rights.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">If the Entity and its subsidiaries are exposed to, or entitled to,
variable yields arising from their interest in the investee, and are empowered to affect their variability.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Subsidiaries are fully consolidated as from
the date on which effective control thereof is transferred to the Entity and they are no longer consolidated as from the date on which
such control ceases. These consolidated financial statements include the Entity&#8217;s and its subsidiaries&#8217; assets, liabilities,
profit or loss and each component of other comprehensive income. Transactions among consolidated entities are fully eliminated.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Any change in the ownership interest in a
subsidiary, without loss of control, is booked as an equity transaction. Conversely, if the Entity loses control over a subsidiary, it
derecognizes the related assets (including goodwill), liabilities, non-controlling interest and other equity components, while any resulting
gain or loss is recognized in profit or loss, and any retained investment is recognized at fair value at the date of loss of control.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The financial statements of subsidiaries
have been prepared as of the same date and for the same accounting periods as those of the Entity, using the related accounting policies
consistently with those applied by the Entity. If necessary, the relevant adjustments are made to the financial statements of subsidiaries
so that the accounting policies used by the Group are uniform.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Besides, non-controlling interests represent
the portion of income or loss and shareholders&#8217; equity that does not belong, either directly or indirectly, to the Entity. Non-controlling
interests are exposed in these financial statements in a separate line in the Statements of Financial Position, of Income, Other Comprehensive
Income and Changes in Shareholders&#8217; Equity.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">As of December 31, 2024 and 2023, the Entity
has consolidated its financial statements with the financial statements of the following companies:</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 40%; border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Subsidiaries</B></FONT></TD>
    <TD STYLE="width: 21%; border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Registered Office</B></FONT></TD>
    <TD STYLE="width: 11%; border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Province</B></FONT></TD>
    <TD STYLE="width: 10%; border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Country</B></FONT></TD>
    <TD STYLE="width: 18%; border: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Main Business Activity</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Volkswagen Financial Services C&iacute;a. Financiera S.A.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Av. C&oacute;rdoba 111, 30th Floor</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">City of Buenos Aires</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Argentina</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Financing</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">PSA Finance Arg. C&iacute;a. Financiera S.A.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Carlos Mar&iacute;a Della Paolera 265, 22nd Floor</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">City of Buenos Aires</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Argentina</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Financing</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Consolidar Administradora de&nbsp;&nbsp;Fondos de Jubilaciones y Pensiones S.A. (undergoing liquidation proceedings)&nbsp;&nbsp;&nbsp;(1)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Av. C&oacute;rdoba 111, 22nd Floor</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">City of Buenos Aires</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Argentina</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Retirement and Pension Fund Manager</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">BBVA Asset Management Argentina S.A.U. Sociedad Gerente de Fondos Comunes de Inversi&oacute;n </FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Av. C&oacute;rdoba 111, 30th Floor</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">City of Buenos Aires</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Argentina</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Mutual Funds Manager</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/9.6pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(1)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><U>Consolidar Administradora de Fondos
de Jubilaciones y Pensiones S.A. (undergoing liquidation proceedings) &#8220;Consolidar A.F.J.P. S.A. (undergoing liquidation proceedings)&#8221;</U>:
a corporation incorporated under the laws of Argentina undergoing liquidation proceedings. On December 4, 2008, Law No. 26425 was enacted,
providing for the elimination and replacement of the capitalization regime that was part of the Integrated Retirement and Pension System,
with a single pay-as-you go system named the Argentine Integrated Retirement and Pensions
System (SIPA). Consequently, Consolidar A.F.J.P. S.A. ceased to manage the resources that were part of the individual capitalization accounts
of affiliates and beneficiaries of the capitalization regime of the Integrated Retirement and Pension System, which were transferred to
the Guarantee Fund for the Sustainability of the Argentine Retirement and Pension Regime as they were already invested, and the Argentine
Social Security Office (ANSES) is now the sole and exclusive owner of those assets and rights. Likewise, on October 29, 2009, the ANSES
issued Resolution No. 290/2009, whereby retirement and pension fund managers interested in reconverting their corporate purpose to manage
the funds for voluntary contributions and deposits held by participants in their capitalization accounts had 30 business days to express
their intention to that end. On December 28, 2009, based on the foregoing and taking into consideration that it is impossible for Consolidar
A.F.J.P. S.A. to comply with the corporate purpose for which it was incorporated, it was resolved, at a Unanimous General and Extraordinary
Shareholders&#8217; Meeting to approve the dissolution and subsequent liquidation of that company effective as of December 31, 2009.<BR>
<BR>
On December 7, 2010, Consolidar A.F.J.P. S.A. (undergoing
liquidation proceedings) filed a lawsuit for damages against the Argentine government under case No. 40.437/2010. The lawsuit was ratified
by BBVA Banco Franc&eacute;s in its capacity as the Company&#8217;s majority shareholder. On July 1, 2021, a decision rejecting the claim
was issued. On August 9, 2022, Room I of the Federal Court of Appeals in Contentious and Administrative Matters ratified the trial court
decision. On August 25, 2022, a federal extraordinary appeal was filed against the abovementioned resolution, which was partially accepted
in regard to the federal issue at stake and rejected the request concerning the grounds of arbitrariness through the court decision dated
September 15, 2022. Considering the partial rejection, an appeal was filed with the Argentine Supreme Court of Justice on September 21,
2022. As of the date of issuance of the accompanying financial statements, neither the outcome of the legal process referred to nor the
final assessment of the case by the Argentine Supreme Court of Justice can be estimated. Likewise, in the hypothetical event that in the
event of a rejection of the claim, all or part of the costs were imposed on Consolidar AFJP S.A. (in liquidation) and that the assets
of said entity were insufficient to support them, the Bank would face such expenses, reserving the right to repeat the proportional part
corresponding to the remaining shareholder.</FONT></TD></TR></TABLE>


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<P STYLE="font: 12pt/9.6pt Times New Roman, Times, Serif; margin: 0 0 0 64.35pt; text-align: justify"></P>

<P STYLE="font: 8pt/120% BBVA Benton Sans Book; margin: 0 0 0 46.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0 0 0 63.8pt; text-align: justify"></P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 63.8pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">As of December 31, 2024 and 2023, the Entity&#8217;s
interest in consolidated companies is as follows:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="2" STYLE="border: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Subsidiaries</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Shares</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Interest held by the Company</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Non-controlling interest&nbsp;</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Type</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Number</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Total share capital</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Votes</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Total share capital</B></FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Votes</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="width: 32%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Volkswagen Financial Services C&iacute;a. Financiera S.A.</FONT></TD>
    <TD STYLE="width: 11%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Common</FONT></TD>
    <TD STYLE="width: 13%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">897,000,000</FONT></TD>
    <TD STYLE="width: 11%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">51.00 %</FONT></TD>
    <TD STYLE="width: 11%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">51.00 %</FONT></TD>
    <TD STYLE="width: 11%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">49.00 %</FONT></TD>
    <TD STYLE="width: 11%; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">49.00 %</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">PSA Finance Arg. C&iacute;a. Financiera S.A.&nbsp;&nbsp;(1)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Common</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">52,178</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">50.00 %</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">50.00 %</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">50.00 %</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">50.00 %</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Consolidar Administradora de&nbsp;&nbsp;Fondos de Jubilaciones y Pensiones S.A. (undergoing liquidation proceedings)&nbsp;&nbsp;&nbsp;(2)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Common</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">235,738,503</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">53.89 %</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">53.89 %</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">46.11 %</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">46.11 %</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">BBVA Asset Management Argentina S.A.U. Sociedad Gerente de Fondos Comunes de Inversi&oacute;n </FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Common</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">242,524</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">100.00 %</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">100.00 %</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">- %</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">- %</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt/120% BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt/9.6pt BBVA Benton Sans Book; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 15pt; text-align: right">(1)</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify">According to the Shareholders&#8217; Agreement, the Bank controls the entity because it is
exposed, or has rights, to variable returns from its continued involvement with the entity and has the ability to direct the relevant
activities in order to affect those returns, such as financial and risk management activities, among others.</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt/9.6pt BBVA Benton Sans Book; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 15pt; text-align: right">(2)</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify">On November 28, 2023, a contribution of 120,000 (327,849 in restated values) was made, which
was integrated in cash. The Entity subscribed 64,667 (176,682 in restated values) and BBVA subscribed 55,333 (151,167 in restated values).</TD>
</TR></TABLE>

<P STYLE="font: 8pt/9.6pt BBVA Benton Sans Book; margin: 0 0 0 63.75pt; text-align: justify; text-indent: -14.2pt">&nbsp;</P>

<P STYLE="font: 8pt/9.6pt BBVA Benton Sans Book; margin: 0 0 0 63.75pt; text-align: justify; text-indent: -14.2pt">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The Entity&#8217;s and its subsidiaries&#8217;
total assets, liabilities and equity as of December 31, 2024 and 2023, are as follows:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="2" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>Entity</B></FONT></TD>
    <TD COLSPAN="6" STYLE="border: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>Balances as of 12/31/2024</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>Assets</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>Liabilities</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>Equity attributable to owners of the Parent</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>Equity attributable to non-controlling interests</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>Total comprehensive income(loss) attributable to owners of the Parent</B></FONT></TD>
    <TD STYLE="border: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>Total comprehensive income (loss) attributable to non-controlling interests</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; width: 30%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Volkswagen Financial Services C&iacute;a. Financiera S.A.</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 12%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">261,564,794</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 12%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">203,903,249</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 11%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">29,407,389</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 12%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">28,254,156</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 11%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">4,255,249</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 12%; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">4,088,374</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">PSA Finance Arg. C&iacute;a. Financiera S.A.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">151,119,864</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">123,816,237</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">13,651,813</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">13,651,814</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(1,034,078)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(1,034,076)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Consolidar Administradora de Fondos de Jubilaciones y Pensiones S.A. (en liquidaci&oacute;n)&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">421,826</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">70,921</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">189,103</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">161,802</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(133,781)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(114,467)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">BBVA Asset Management Argentina S.A.U. Sociedad Gerente de Fondos Comunes de Inversi&oacute;n </FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">38,608,100</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">7,793,335</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">30,814,765</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">19,937,278</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Banco BBVA Argentina S.A.(Separate)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">14,486,092,511</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">11,907,228,110</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,578,864,401</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">24,252,339</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Withdrawals</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(212,808,316)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(138,745,246)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(74,063,070)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(23,024,668)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Banco BBVA Argentina S.A.(Consolidated)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">14,724,998,779</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">12,104,066,606</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,578,864,401</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">42,067,772</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">24,252,339</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,939,831</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>


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    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->18<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="2" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>Entity</B></FONT></TD>
    <TD COLSPAN="6" STYLE="border: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>Balances as of 12/31/2023</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>Assets</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>Liabilities</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>Equity attributable to owners of the Parent</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>Equity attributable to non-controlling interests</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>Income(loss) attributable to owners of the Parent</B></FONT></TD>
    <TD STYLE="border: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>Income (loss) attributable to non-controlling interests</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; width: 30%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Volkswagen Financial Services C&iacute;a. Financiera S.A.</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 12%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">153,853,857</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 12%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">104,535,935</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 11%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">25,152,144</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 12%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">24,165,778</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 11%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,756,722</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 12%; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,687,841</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">PSA Finance Arg. C&iacute;a. Financiera S.A.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">100,441,859</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">71,070,078</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">14,685,891</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">14,685,890</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">602,968</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">602,974</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Consolidar Administradora de Fondos de Jubilaciones y Pensiones S.A. (en liquidaci&oacute;n)&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">651,727</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">52,574</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">322,880</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">276,273</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">52,224</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">44,685</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">BBVA Asset Management Argentina S.A.U. Sociedad Gerente de Fondos Comunes de Inversi&oacute;n </FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">29,983,496</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">5,171,628</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">24,811,868</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">16,414,383</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Banco BBVA Argentina S.A.(Separate)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">13,196,293,397</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">10,134,180,042</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">3,062,113,355</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">787,188,041</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Withdrawals</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(144,323,240)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(79,350,457)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(64,972,783)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(18,826,297)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Banco BBVA Argentina S.A.(Consolidated)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">13,336,901,096</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">10,235,659,800</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">3,062,113,355</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">39,127,941</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">787,188,041</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,335,500</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><U>Offer for the acquisition of 50% of FCA
Compa&ntilde;&iacute;a Financiera S.A.</U></P>

<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: 135.95pt">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">On December 18, 2024, the Bank accepted an
offer from FIDIS S.P.A. to acquire 50% of FCA Compa&ntilde;&iacute;a Financiera S.A.'s capital stock (&#8220;FCA CF&#8221;).</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">FCA CF is a finance company authorized by
the BCRA's Board of Directors through Resolution No. 432, dated September 16, 1999, which is part of the Stellantis global automotive
group, which is mainly engaged in providing financing to local residents of the private sector aimed at purchasing vehicles of the Fiat,
Jeep and RAM brands. All of these goods are manufactured and/or sold by FCA Automobiles Argentina, S.A.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The acquisition of the shares and the payment
of the price will be made after obtaining the authorization of the BCRA and all other applicable regulatory and antitrust authorizations
(the &#8220;Closing&#8221;). The transaction price was initially estimated at about 14,823 million Argentine pesos based on the September
30, 2024 Financial Statements. However, under the terms of the offer, the price will be determined on the basis of the financial statements
closest to the closing, and it will be subject to the usual subsequent adjustments in this type of transactions.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The Entity&#8217;s Board of Directors considers
that there are no other companies or structured entities that should be included in the consolidated financial statements as of December
31, 2024.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><U>Trusts</U></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The Group acts as a trustee for financial,
management and guarantee trusts (see Note 50). Upon determining if the Group controls the trusts, the Group has analyzed the existence
of control, under the terms of IFRS 10. Consequently, how power is configured on the relevant activities of the vehicle, the impact of
changes in returns over those Structured Entities on the Group, and the relation of both have been evaluated on a case-by-case basis.
In all cases, it has been concluded that the Group acts as an agent and therefore does not consolidate those trusts.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 12pt 0 6pt 28.35pt; text-align: justify"><U>Mutual funds</U></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The Group acts as fund manager in various
mutual funds (see Note 51). To determine whether the Group controls a mutual fund, the aggregate economic interest of the Group in such
mutual fund (comprising any carried interests and expected management fees) is usually assessed, and it is considered that investors have
no right to remove the fund manager without cause. The Group has concluded that it has no control over any of these mutual funds.</P>


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    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #004481"><B>2.3. Significant accounting
policies</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">These consolidated financial statements as
of December 31, 2024 have been prepared in accordance with the financial reporting framework set forth by the BCRA mentioned in Note 2.1.1
&#8220;Applied accounting policies&#8221;.</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">In preparing these consolidated financial
statements, in addition to what is explained in Notes 2.1.5 &#8220;Measuring Unit&quot; and 2.5 &quot;Regulatory changes made this year&quot;,
the Entity has consistently applied the basis of presentation and consolidation, significant accounting policies and judgments, estimates
and significant accounting assumptions described in the fiscal years presented in these consolidated financial statements, except as indicated
in Note 2.5.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>2.3.1. Going concern </B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The Entity's Management conducted an assessment
of its ability to continue as a going concern and concluded that it has the resources to continue in business for the foreseeable future.
Furthermore, Management is not aware of any material uncertainties that may cast doubt on the Entity's ability to continue as a going
concern. Therefore, these consolidated financial statements have been prepared on a going concern basis.</P>

<P STYLE="font: 10pt/112% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>2.3.2. Foreign currency</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Transactions in foreign currencies are
translated into the respective functional currency of Group entities at the spot exchange rates published by the BCRA at the date of the
transactions.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Monetary assets and liabilities denominated
in foreign currencies are translated into the functional currency at the spot exchange rate at fiscal year-end.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Non-monetary assets and liabilities that
are measured at fair value in a foreign currency are translated into the functional currency at the spot exchange rate at the date on
which the fair value is determined. Non-monetary items that are measured based on historical cost in a foreign currency are translated
using the spot exchange rate at the date of the transaction.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Exchange rate differences are recognized
in the Consolidated Statement of Income in the line &#8220;Foreign exchange and gold gains/ (losses)&#8221;.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>2.3.3. Cash and deposits in banks</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The item &#8220;Cash and cash equivalents&#8221;
includes cash and unrestricted balances kept with the BCRA and on-demand accounts held at local and foreign financial institutions.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Cash and cash equivalents are carried at
amortized cost in the Consolidated Statement of Financial Position.</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>2.3.4. Financial assets and liabilities</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><I>a) Recognition</I></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The Group initially recognizes loans, deposits,
debt securities issued and liabilities at the date of origination. All other financial instruments (including ordinary purchases and sales
of financial assets) are recognized on the date of negotiation, that is to say, the date when the Group becomes part to contractual provisions
of the instrument.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The Group recognizes purchases of financial
instruments with the commitment of non-optional repurchase at a certain price (repos) as a financing granted in the line &#8220;Repo transactions&#8221;
in the Consolidated Statement of Financial Position. The difference between the purchase and sale prices of those instruments is recorded
as interest accrued during the term of the transactions using the effective interest method.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Financial assets and liabilities are initially
recognized at fair value. Instruments not measured at fair value through profit or loss are recognized at fair value plus (in the case
of assets) or minus (in the case of liabilities) the transaction costs directly attributable to the acquisition of the asset or the issuance
of the liability.</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->20<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The transaction price is usually the best
evidence of fair value at initial recognition.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">However, if the Group determines that the
fair value at initial recognition is different from the consideration received or paid, when the level of the fair value hierarchy is
1 or 2, the financial instrument is initially recognized at fair value and the difference is recognized in profit or loss. If the level
of the fair value hierarchy at initial recognition is 3, the difference between the fair value and the consideration is deferred in the
term of the instrument. The Group will recognize such deferred gain or loss only to the extent that it arises from a change in a factor
(including time) that market participants would take into account in pricing the asset or liability.</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><I>b) <U>Classification of financial assets</U></I></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">On initial recognition, financial assets
are classified and measured at amortized cost, fair value through other comprehensive income (FVOCI) or fair value through profit or loss
(FVPL).</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">A financial asset is measured at amortized
cost if it meets both of the following conditions:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">the asset is held within a business
model whose objective is to hold assets to collect contractual cash flows, and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">The contractual terms of the financial
asset give rise to cash flows that are &#8220;solely payments of principal and interest.&#8221;</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 13.65pt; text-indent: -3.3pt">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">A financial asset is measured at fair value
through OCI if it meets both of the following conditions:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">the asset is held within a business
model whose objective is achieved by both collecting contractual cash flows and selling financial assets, and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">The contractual terms of the financial
asset give rise to cash flows that are &#8220;solely payments of principal and interest.&#8221;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">For a financial asset measured at FVOCI,
gains and losses are recognized in OCI, except for the following, which are recognized in profit or loss in the same manner as financial
assets measured at amortized cost:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt">&#8211;</TD><TD STYLE="text-align: justify">Interest income using the effective interest method;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt">&#8211;</TD><TD STYLE="text-align: justify">Expected credit losses (ECL) and reversals; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt/12pt BBVA Benton Sans Book; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt">&#8211;</TD><TD STYLE="text-align: justify">Exchange gains and losses.</TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">When a financial asset measured at FVOCI
is derecognized, the accumulated gain or loss previously recognized in OCI is reclassified from equity to profit or loss.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">In the initial recognition of an equity
instrument not held for trading, the Group may choose for each instrument individually to present changes in fair value in OCI. Gains
and losses on such equity instruments are never reclassified to profit or loss and no impairment in profit or loss is recognized. Dividends
are recognized in profit or loss unless they clearly represent a recovery of part of the cost of the investment, in which case they are
recognized in OCI. Accrued gains and losses recognized in OCI are transferred to retained earnings at the time of disposition of an investment.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">In the initial recognition, the Group may
irrevocably designate a financial asset that otherwise meets the requirements to be measured at amortized cost or FVOCI or FVPL if doing
so eliminates or significantly reduces an accounting asymmetry that would otherwise arise.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">All other financial assets are classified
as measured at fair value through profit or loss. This category includes derivative financial instruments.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 12pt 0 6pt 28.35pt; text-align: justify"><I><U>Business model assessment</U></I></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The Group makes an assessment of the objective
of a business model in which an asset is held at a portfolio level. The information considered includes:</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->21<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">the stated policies and objectives for
the portfolio and the implementation of those policies. In particular, whether Management focuses on revenues derived from contractual
interest;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">how the performance of the portfolio
is assessed and reported to Management;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">the risks that affect the performance
of the business model and how those risks are managed;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">how managers of the portfolio are compensated
&#8211; e.g. whether compensation is based on the fair value of the assets managed or the cash flows collected; and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">the frequency, volume and timing of
sales in prior periods, the reasons for such sales and future sales projection. However, information about sales levels is not considered
in isolation, but as part of an overall assessment of how the Group sets its financial asset management objectives.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify">Financial assets that are held for trading
or managed and whose performance is evaluated on a fair value basis are measured at fair value through profit or loss.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 12pt 0 6pt 28.35pt; text-align: justify"><I><U>Assessment on whether cash flows
are &#8220;solely payments of principal and interest&#8221; (SPPI test)</U></I></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">In the assessment of whether contractual
cash flows are &#8220;solely payments of principal and interest&#8221;, &#8216;principal&#8217; is defined as the fair value of the financial
asset on initial recognition. &#8216;Interest&#8217; is defined as consideration for the time value of money and for the credit risks
associated with the outstanding principal amount. This includes assessing whether the financial asset contains contractual terms that
could change the timing or amount of contractual cash flows such that it would not meet this condition.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">In performing such assessment, the Group
considers:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 20pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Contingent events that would change
the amount and timing of cash flows; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 20pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Leverage features;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 20pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Prepayment and extension terms; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 20pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Terms that limit the Bank&#8217;s claim
to cash flows from specified assets; and </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 20pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Features that modify consideration of
the time value of money (e.g. periodical reset of interest rate).</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 12pt 0 6pt 28.35pt; text-align: justify"><I><U>Reclassifications</U></I></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify">Financial assets are not reclassified
after their initial recognition, except for a change in the Group's business models. Financial liabilities are not reclassified.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><I>c) <U>Classification of financial liabilities</U></I></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">The Group classifies its financial liabilities,
other than derivatives, guarantees issued and liabilities at fair value through profit or loss as measured at amortized cost.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">Financial instruments held for trading
and derivatives are measured at fair value through profit or loss.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">Financial liabilities held for trading
have been acquired or incurred primarily to be sold or repurchased in the short term, or are held as part of a portfolio which is jointly
managed to make short-term profits or to take positions. Trade liabilities are initially recognized and then measured at fair value in
the Consolidated Statement of Financial Position, with transaction costs being recognized through profit or loss. Changes in fair value
are recognized through profit or loss as part of the net revenues from trading.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">Financial guarantees are contracts that
require the Group to make specified payments to reimburse the holder for a loss that it incurs because a specified debtor fails to make
payment when it is due in accordance with the terms of a debt instrument.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">The debt from financial guarantees issued
is initially recognized at fair value. The debt is subsequently measured at the higher of the amortized amount and the present value of
any expected payment to settle the liability when a payment under the contract has become probable.</P>


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    <!-- Field: /Page -->

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">The Group recognizes sales of financial
instruments with the commitment of non-optional repurchase at a certain price (repos) as a financing received in the line &#8220;Repo
transactions&#8221; in the Consolidated Statement of Financial Position. The difference between the purchase and sale prices of those
instruments is recorded as interest accrued during the term of the transactions using the effective interest method and is accounted for
in the line &quot;Interest expenses&quot; in the Consolidated Statement of Income.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><I>d) <U>Measurement at amortized cost</U></I></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">The amortized cost of a financial asset
or liability is the amount of its initial recognition less the capital reimbursements, plus or less the amortization, using the effective
interest method, of any difference between the initial amount and the amount at maturity. In the case of financial assets, it also includes
any impairment.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify"><I>e) <U>Changes in financial assets and
liabilities</U></I></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify"><I>i) Financial assets</I></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">If the terms of a financial asset are changed,
then the Group assesses whether the cash flows of the changed asset are substantially different.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">If the cash flows are substantially different,
then the contractual rights to the cash flows of the original financial asset are considered to have expired. In this case, the original
financial asset is derecognized, and a new financial asset is recognized at its fair value plus any eligible transaction costs. Any fees
received as part of the modification are accounted for as follows:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 6pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Fees that are considered in determining
the fair value of the new asset and fees that represent the reimbursement of eligible transaction costs are included in the initial measurement
of the asset; and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 6pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Other fees are included in profit or
loss as part of the gain or loss on derecognition.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">If cash flows are modified when the borrower
is facing financial difficulties, then the purpose of the modification is usually to maximize the recovery of the original contractual
terms rather than originating a new asset with substantially different terms. If the Group plans to modify a financial asset in a way
that results in the forgiveness of cash flows, then it first considers whether a portion of the asset should be written off before the
modification is carried out. This approach impacts the outcome of the quantitative assessment, and the derecognition criteria are generally
not met in such cases.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">If the modification of a financial asset
measured at amortized cost or FVOCI does not result in the financial asset being derecognized from the accounts, then the Group first
recalculates the gross carrying amount of the financial asset using the original effective interest rate of the asset and recognizes the
resulting adjustment as a modification of gain or loss in profit or loss. For floating-rate financial assets, the original effective interest
rate used to calculate the gain or loss of the modification is adjusted to reflect the current market terms at the time of the modification.
Any costs or fees incurred, and fees received as part of the modification adjust the gross carrying amount of the modified financial asset
and are amortized over the remaining term of the modified financial asset.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">If such modification is carried out due
to financial difficulties of the borrower, then the gain or loss is presented along with impairment losses. In other cases, it is presented
as interest income calculated using the effective interest rate method.</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify"><I>ii) Financial Liabilities</I></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">The Group derecognizes a financial liability
when its terms are modified and the cash flows of the modified liability are substantially different. In this case, a new financial liability
based on the modified terms is recognized at its fair value. The difference between the carrying amount of the derecognized financial
liability and the consideration paid is recognized in profit or loss. The consideration paid includes any non-financial assets transferred,
if any, and the assumption of liabilities, including the new modified financial liability.</P>


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    <!-- Field: /Page -->

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">If the modification of a financial liability
is not accounted for as derecognition, then the amortized cost of the liability is recalculated by discounting the modified cash flows
at the original effective interest rate, and the resulting gain or loss is recognized in profit or loss. For floating-rate financial liabilities,
the original effective interest rate used to calculate the gain or loss on modification is adjusted to reflect the current market terms
at the time of modification. Any costs and fees incurred are recognized as an adjustment to the carrying amount of the liability and are
amortized over the remaining term of the modified financial liability by recalculating the effective interest rate of the instrument.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">f) <I><U>Derecognition of financial assets
and liabilities</U></I></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">i) Financial Assets</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">The Group derecognizes a financial asset
when the contractual rights to the cash flows from the financial asset expire, or it transfers the rights to receive the contractual cash
flows in a transaction in which substantially all of the risks and rewards of ownership of the financial asset are transferred or in which
the Group neither transfers nor retains substantially all of the risks and rewards of ownership and it does not retain control of the
financial asset.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">On derecognition of a financial asset,
the difference between the carrying amount of the asset (or the carrying amount allocated to the portion of the asset derecognized) and
the sum of (i) the consideration received (including any new asset obtained less any new liability assumed) and (ii) any cumulative gain
or loss that had been recognized in OCI is recognised in profit or loss.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">Any cumulative gain/loss recognised in
OCI in respect of equity investment securities designated as at FVOCI is not recognised in profit or loss on derecognition of such securities.
Any interest in transferred financial assets that qualify for derecognition that is created or retained by the Group is recognised as
a separate asset or liability.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">The Group enters into transactions whereby
it transfers assets recognised on its statement of financial position, but retains either all or substantially all of the risks and rewards
of the transferred assets or a portion of them. In such cases, the transferred assets are not derecognized. Examples of such transactions
are securities lending and sale-and-repurchase transactions.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">When assets are sold to a third party with
a concurrent total rate of return swap on the transferred assets, the transaction is accounted for as a secured financing transaction
similar to sale-and-repurchase transactions, because the Group retains all or substantially all of the risks and rewards of ownership
of such assets.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">In transactions in which the Group neither
retains nor transfers substantially all of the risks and rewards of ownership of a financial asset and it retains control over the asset,
the Group continues to recognise the asset to the extent of its continuing involvement, determined by the extent to which it is exposed
to changes in the value of the transferred asset.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">In certain transactions, the Group retains
the obligation to service the transferred financial asset for a fee. The transferred asset is derecognized if it meets the derecognition
criteria. An asset or liability is recognised for the servicing contract if the servicing fee is more than adequate (asset) or is less
than adequate (liability) for performing the servicing.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify"><I>ii) Financial Liabilities</I></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">The Group derecognizes a financial liability
when its contractual obligations are discharged, cancelled, or expire.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><I>g) <U>Impairment of financial assets</U></I></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">By means of Communication &#8220;A&#8221;
6778, as amended, the BCRA established the adoption of the expected credit loss model set forth under paragraph 5.5. of IFRS 9 to calculate
allowances for loan losses, excluding debt instruments issued by the non-financial government sector from the scope of such standard
(&#8220;IFRS 9 as per BCRA&#8221;) for Group &#8220;A&#8221; institutions, effective for fiscal years beginning on or after January 1,
2020, with retroactive effects. The impact of the change in accounting policy was recognized in Unappropriated retained earnings as of
January 1, 2019, which is the transition date. Until such date, the Entity applied the impairment model established by the BCRA pursuant
to Communication &quot;A&quot; 2950 as amended, which requires the recognition of allowances for loan losses based on minimum guidelines
established by the BCRA.</P>
<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify"></P>


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<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">As from January 1, 2020, the Bank recognizes
the allowance for loan losses based on the expected credit loss model, for the following financial instruments that are not measured at
fair value through profit or loss:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 27.85pt"></TD><TD STYLE="width: 21.8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">financial assets that are debt instruments,</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 27.85pt"></TD><TD STYLE="width: 21.8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">lease receivables,</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 27.85pt"></TD><TD STYLE="width: 21.8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">financial guarantee contracts, and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 27.85pt"></TD><TD STYLE="width: 21.8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">loan commitments.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">No impairment is recognized in respect
of debt instruments issued by the non-financial government sector or in respect of equity instruments.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">The IFRS 9 impairment model applies to
financial assets measured at amortized cost and financial assets measured at fair value through other comprehensive income, except for
investments in equity instruments. Additionally, all financial instruments measured at fair value through profit or loss are excluded
from the impairment model.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">The standard classifies financial instruments
into three categories, which depend on the evolution of their credit risk from the moment of initial recognition. The first category includes
the transactions with no significant increase in credit risk since their initial recognition and not impaired for which a 12-month ECL
is recognised (Stage 1); the second comprises the financial assets for which a significant increase in credit risk has been identified
since its initial recognition but which are not credit-impaired (Stage 2) for which a lifetime ECL is recognised; and the third category
which is for impaired financial assets where one or more events that have a detrimental impact on the estimated future cash flows of the
financial asset have occurred (Stage 3).</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The calculation of provisions for credit
risk in each of these three categories is carried out differently according to expected loss concepts:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 31.65pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Expected loss at 12 months: Expected
credit loss arising from possible default events within the 12 months following the date of financial statements presentation, applicable
to financial assets classified in Stage 1; and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 31.65pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Expected credit losses over the life
of the transaction: It is the expected credit loss arising from all possible default events during the remaining life of the financial
instrument, applicable to financial assets classified in Stage 2 and 3.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">All of this requires considerable judgment,
both in modeling for the estimation of expected losses and in forecasts, on how economic factors affect such losses, which must be made
on a weighted probability basis.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The Group has applied the following definitions
in accordance with IFRS 9:</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><U>Definition of Default </U></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">It will be consider that a default can
occur when one or both of the following conditions are met:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 31.65pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><U>Objective Default</U>: the obligor
has material past due balances for more than 90 consecutive days with respect to any credit obligation. Materiality is defined by an absolute
threshold (maximum amount of the sum of all past due amounts fixed in local currency at 23 thousand pesos for retail portfolios and 117
thousand pesos for wholesale portfolios) and a relative threshold (percentage reflecting the past due amount in relation to the total
amount of all exposures to the obligor included in the balance sheet, excluding equity exposures, fixed at 1% for all portfolios).</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 31.65pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><U>Subjective Default</U>: when there
are reasonable doubts about the entity&#8217;s ability to pay all of its debt obligations. In addition to an objective default, subjective
default takes into account other indicators of probability of default such as a specific credit risk adjustment, forced restructurings,
connected clients, clients in bankruptcy, among others.</FONT></TD></TR></TABLE>


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<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 12pt 0 6pt 28.35pt; text-align: justify"><I>Restructured financial assets (See
Note 43.1.)</I></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">If the terms of a financial asset are renegotiated
or amended, or if the financial asset is replaced with another one as a consequence of debtor's financial distress, then such financial
asset will be assessed for derecognition, and an allowance for loan losses will be calculated as follows.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">If the restructuring does not result
in the derecognition of the existing asset, then, the expected cash flows from the restructured financial asset are considered in the
calculation of the cash deficits of the existing asset.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">If the restructuring results in the
derecognition of the existing asset, then, the expected fair value of the new asset is considered as the final cash flow from the existing
financial asset at the time of its derecognition.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify"><I>Credit-impaired financial assets</I></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">At each reporting year end, the Group assesses
assets measured at amortized cost and debt instruments (financial assets) measured at fair value through OCI for impairment. A financial
asset is impaired when one or more events have occurred having a negative impact on the estimated cash flows from the financial asset.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify">Evidence that a financial asset is impaired
includes the following observable inputs:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">borrower's or issuer's significant financial
distress,</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">contractual breach, </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">restructuring of a loan under conditions
the Bank would not otherwise agree to,</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">when borrower is likely to go into bankruptcy
or other form of financial reorganization, or</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">disappearance of an active market for
a security due to issuer's financial distress.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify">It may not be possible to identify a
single discrete event. Instead, the combined effect of multiple events may cause financial assets to become credit-impaired.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify">The definition of impaired financial
assets within the Group aligns with the default definition explained earlier.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 12pt 0 6pt 28.35pt; text-align: justify"><I>Significant Increase in Credit Risk</I></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify">The purpose of impairment requirements
is to recognize ECLs for financial instruments for which there has been a significant increase in credit risk since initial recognition,
considering all reasonable and documented information, including prospective information.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify">The model developed by the Group to assess
the significant increase in credit risk has a dual focus:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 31.65pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Quantitative Criterion: The Group employs
a quantitative analysis based on comparing the current expected probability of default over the life of the transaction with the adjusted
original expected probability of default, ensuring both values are comparable in terms of expected probability of default for their residual
life. The thresholds used to consider a significant increase in risk take into account special cases based on geographic areas and portfolios.
Depending on the age of the existing transactions at the time of standard implementation, some simplification is made to compare default
probabilities between the current and original timeframes, based on the best available information at that time.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 31.65pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Qualitative Criterion: Most indicators
for detecting significant increases in risk are included in the Group's systems through rating/scoring systems or macroeconomic scenarios,
thus the quantitative analysis covers most circumstances. The Group will use additional qualitative criteria when it deems it necessary
to include circumstances not reflected in the rating/scoring systems or macroeconomic scenarios used.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 12pt 0 6pt 28.35pt; text-align: justify">Additionally, instruments meeting any
of the following main circumstances are classified as Stage 2 (Qualitative Criterion):</P>


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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 31.65pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Over 30 days past due. However, this
presumption may be rebutted in cases where the Group, based on reasonable and documented information, considers that such default does
not represent a significant increase in risk. The Group has not considered periods exceeding 30 days for any of the significant portfolios.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 31.65pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Watchlist: These are subject to special
monitoring by Risk units due to negative signs in their credit quality, even if there is no objective evidence of impairment.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 31.65pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Refinancing or restructuring that does
not show evidence of impairment.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 12pt 0 6pt 28.35pt; text-align: justify"><I>Method for calculating ECLs </I></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 12pt 0 6pt 28.35pt; text-align: justify"><I>The measurement of ECLs should reflect:</I></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 31.65pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">An amount that is considered fair and
unbiased, determined by evaluating a variety of possible outcomes.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 31.65pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">The time value of money.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 31.65pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Reasonable and documented information
that is available at no cost or undue effort and that reflects current conditions and forecasts of future economic conditions.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 12pt 0 6pt 28.35pt; text-align: justify">The Group measures ECLs both individually
and collectively.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 12pt 0 6pt 28.35pt; text-align: justify">For significantly impaired instruments,
the amount of credit losses is calculated as the difference between the expected discounted cash flows at the effective interest rate
of the transaction and the carrying amount of the instrument.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 12pt 0 6pt 28.35pt; text-align: justify">To determine which and how many clients
need to be analyzed individually, the Group adopts the criterion defined by BBVA Group, which is a relative weight in terms of total risk
over the total delinquency risk of the wholesale exposure and, in terms of total risk, over the total risk Watchlist of the wholesale
exposure.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 12pt 0 6pt 28.35pt; text-align: justify">The scope of individual analysis is
defined with the following criteria to analyze all clients with at least one asset past due and with total risk above the local threshold
(30,000) or with at least one asset on the Watchlist with total risk above the local threshold (100,000), namely:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 12pt 0 6pt 28.35pt; text-align: justify">a) Stage 3 and Total Risk &gt; 30,000;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 12pt 0 6pt 28.35pt; text-align: justify">b) Stage 2, Watchlist, and Total Risk
&gt; 100,000.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 12pt 0 6pt 28.35pt; text-align: justify"><U>Default Exposure Threshold</U>: The
threshold is set in such a way that clients with total risk above this threshold are individually assessed for at least 40% of the total
default risk of the wholesale portfolio.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 12pt 0 6pt 28.35pt; text-align: justify"><U>Watchlist Exposure Threshold</U>:
The threshold is set in such a way that clients with total risk above this threshold are individually assessed for at least 20% of the
total risk of the wholesale portfolio on the Watchlist.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 12pt 0 6pt 28.35pt; text-align: justify">For the collective measurement of expected
losses, instruments are grouped into asset pools based on their risk characteristics. Exposure within each group is segmented according
to common credit risk characteristics, which are indicative of the borrower's repayment ability in accordance with their contractual conditions.
These risk characteristics must be relevant in estimating the future cash flows of each group. Credit risk characteristics may include,
among others, the following factors:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 31.65pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Type of instrument.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 31.65pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Rating or scoring tools.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 31.65pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Type of collateral.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 31.65pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Time period in default for Stage 3.</FONT></TD></TR></TABLE>


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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 31.65pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Segment.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 31.65pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Qualitative criteria that may signify
a significant increase in risk.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 12pt 0 6pt 28.35pt; text-align: justify">ECLs are derived from the following
parameters:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 31.65pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Probability of Default (PD): Estimate
of the likelihood of default within a specified timeframe.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 31.65pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Exposure at Default (EAD): Estimate
of exposure in the event of default in each future period, considering changes in exposure after the financial statements' reporting date.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 31.65pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Loss Given Default (LGD): Estimate of
loss in the event of default, calculated as the difference between contractual cash flows and receivables, including collateral.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 31.65pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Credit Conversion Factor (CCF): Estimate
made on off-balance sheet balances to determine exposure subject to credit risk in the event of default.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 12pt 0 6pt 28.35pt; text-align: justify"><I>Use of present, past, and future
information.</I></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 12pt 0 6pt 28.35pt; text-align: justify">ECLs require the integration of present,
past, and future information to detect any significant increase in risk and measure the expected loss.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 12pt 0 6pt 28.35pt; text-align: justify">ECLs do not require the identification
of all possible scenarios to measure the expected loss. However, it is also necessary to consider the probability of a loss event occurring
and the probability of it not occurring, even if the likelihood of a loss may be very small. Additionally, when there is no linear relationship
between the different future economic scenarios and their associated expected losses, more than one future economic scenario should be
used for measurement.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 12pt 0 6pt 28.35pt; text-align: justify">The approach employed by the Group involves
initially using the most probable scenario (base scenario) consistent with that used in the Group's internal management processes, and
then applying an additional adjustment calculated by considering the weighted average of expected losses in other economic scenarios (a
more positive and a more negative one). This adjustment is applied every six months, and the macro model is calibrated at least once a
year. The primary macroeconomic variable in each of the scenarios is the Gross Domestic Product (&quot;GDP&quot;).</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 12pt 0 6pt 28.35pt; text-align: justify"><I>Recognition of the allowance for
expected credit losses</I></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The allowance for expected credit losses
is recognized as follows:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Financial assets measured at amortized
cost: as a write-down of the asset carrying amount in the Statement of Financial Position.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Loan commitments and financial guarantees
contracts: recognized under the line Provision for contingent commitments under liabilities, in the Statement of Financial Position.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Financial assets measured at fair value
through OCI: no allowance is recognized in the Statement of Financial Position because the assets are measured at fair value. However,
the allowance for expected credit losses is recognized in OCI.</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 13.65pt; text-align: justify; text-indent: -3.3pt">&nbsp;</P>

<P STYLE="font: 10pt/11.2pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #004481"><B>Measurement of expected
credit losses (ECL)</B></P>

<P STYLE="font: 10pt/115% BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">IFRS 9 requires determining the ECL of a
financial instrument in a way that reflects an unbiased estimate, the time value of money and a forward-looking perspective (including
the economic forecast).</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Therefore, the recognition and measurement
of ECL is highly complex and involves the use of significant analysis and estimation including formulation and incorporation of forward-looking
economic conditions into ECL.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0">&nbsp;</P>

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<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: justify; text-indent: 28.35pt"><I>Risk parameters adjusted by
macroeconomic scenarios </I></P>
<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">ECL must include forward-looking macroeconomic
information. The Group uses the credit risk parameters probability of default (PD), loss-given default (LGD) and exposure at default (EAD)
in order to calculate the ECL for the credit portfolios.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify; text-indent: 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The Group&acute;s methodological approach
in order to incorporate the forward-looking information aims to determine the relation between macroeconomic variables and risk parameters
following three main steps:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Step 1: Analysis and transformation
of time series data.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Step 2: For each dependent variable,
find conditional forecasting models that are economically consistent.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Step 3: Select the best conditional
forecasting model from the set of candidates defined in Step 2, based on their out of sample forecasting performance.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: justify; text-indent: 28.35pt"><I>How economic scenarios are reflected
in calculation of ECL </I></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify; text-indent: 28.35pt"><I>&nbsp;</I></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Based on economic theory and analysis, the
macroeconomic variables most directly relevant for explaining and forecasting the selected risk parameters are:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify; text-indent: 28.35pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">The net income of families, corporations
or public administrations.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">The payment amounts on outstanding loans&#8217;
principal and interest.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify; text-indent: 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The Group approximates these variables by
using a proxy indicator from the set included in the macroeconomic scenarios provided by the economic research department.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Only a single specific indicator for each
of the two variables can be used, and only core macroeconomic indicators should be selected as first choice: for a) using Real GDP Growth
can be seen as the single sufficient &#8220;factor&#8221; required for capturing the influence of all potentially relevant macro-financial
scenario on internal PDs; for b) using the most representative short term interest rate or exchange rates expressed in real terms.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Real GDP growth is given priority over any
other indicator not only because it is the most comprehensive indicator of income and economic activity, but also because it is the central
variable in the generation of macroeconomic scenarios.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: justify; text-indent: 28.35pt"><I>Multiple scenario approach under
IFRS 9 </I></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify; text-indent: 28.35pt"><I>&nbsp;</I></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">IFRS 9 requires calculating an unbiased probability
weighted measurement of ECL by evaluating a range of possible outcomes, including forecasts of future economic conditions.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The BBVA Research team produces forecasts
of macroeconomic variables under a baseline scenario, which are used in the rest of the related processes of the Group, such as budgeting,
the internal capital adequacy assessment process (ICAAP), risk appetite framework and stress testing.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Additionally, the BBVA Research team produces
alternative scenarios to the baseline scenario so as to meet the requirements under the IFRS 9 standard.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify; text-indent: 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: justify; text-indent: 28.35pt"><I>Alternative macroeconomic scenarios
</I></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify; text-indent: 28.35pt"><I>&nbsp;</I></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">For each of the macroeconomic variables (GDP
or interest rate or exchange rate), the BBVA Research team produces three scenarios.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Each of these scenarios corresponds to the
expected value of a different area of the probabilistic distribution of the possible projections of the economic variables.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The approach of the Group consists in using
the scenario that is the most likely scenario, which is the baseline scenario, consistent with the rest of internal processes (ICAAP,
Budgeting) and then applying upside and downside scenarios by taking into account the weighted average of the ECL determined by each of
the scenarios.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">It is important to note that, in general,
it is expected that the effect of the adjustment due to the application of multiple scenarios will increase the ECL. It is possible that
the referred adjustment does not have that effect, whenever the relationship between macro scenarios and losses is linear, however, it
is not expected to reduce the ECL.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify"><I>h) <U>Derecognitions</U></I></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Loans are derecognized (partially or totally)
when there are no realistic expectations of recovery. This is generally the case when the Group determines that the borrower has no assets
or sources of income that could generate sufficient cash flows to repay the amounts subject to write-off. This assessment is carried out
at the individual asset level.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Recoveries of previously written-off amounts
are included in &quot;impairment of financial assets&quot; in the Consolidated Statement of Comprehensive Income.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Financial assets that have been written
off may still be subject to enforcement activities to comply with the Group's procedures for recovering outstanding amounts.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify"><I>i) <U>Offsetting of financial assets
and liabilities</U></I></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify">Financial assets and liabilities are
offset and their net amount is disclosed in the Consolidated Statement of Financial Position if, and only if, the Group has a legally
enforceable right to offset the amounts recognized and the intention to settle them on a net basis, or the intention to realize the asset
and settle the liability simultaneously.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Revenues and expenses are disclosed on
a net basis only to the extent permitted by the IFRS, or otherwise to reflect profits or losses arising from a group of similar transactions.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>2.3.5. Investments in equity instruments</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Investments in equity instruments for which
the Group has no control, joint control or a significant influence are measured at fair value through profit or loss or at fair value
through other comprehensive income, as per the business model elected for each case.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>2.3.6. Investments in associates</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">An associate is an entity over which the
Group has a significant influence but no control or joint control over financial and operating policies. Significant influence is presumed
to exist when the Group holds between 20 and 50 percent of the voting power of another entity. A joint venture is an agreement whereby
the Group has joint control, that is to say, the Group has a right over the net assets, rather than over the assets and liabilities, of
the agreement.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">Interests in associates are accounted for
using the equity method. They are initially recognized at cost, which includes transaction costs. After initial recognition, the consolidated
financial statements include the Group's share in the profit or loss and OCI of investments accounted for using the equity method, until
the date when the significant influence or joint control cease.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">When the Group's share of losses exceeds
its interest in an associate accounted for under the equity method, the carrying amount of such interest, including long-term investments,
is written down to zero, without recognizing additional losses, except to the extent the Group has an obligation or has made payments
on behalf of the investee.</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify"></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>2.3.7. Property and equipment</B></P>
<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">Property and equipment items are measured
at restated cost, net of accumulated depreciation and accumulated impairment losses, if any. The cost includes the spot purchase price
and expenses directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating as
intended by Management.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">As of the transition date to IFRS, January
1, 2017, the Group considered the fair value of its real properties as of such date determined through technical appraisals as their attributed
cost.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">If significant parts of a property and
equipment item have different useful lives, such parts are recognized as separate items (main components) of property and equipment.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">Gains or losses from the disposal of a
property and equipment item are carried at net amounts under Other income in the Statement of Income.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">Subsequent expenses are only capitalized
if they are likely to provide future economic benefits for the Group. Repairs and maintenance in progress are recognized in profit or
loss as incurred.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">Depreciation is calculated using the straight-line
method during the estimated useful lives of the assets and is recognized in the Consolidated Statement of Income under &#8220;Asset depreciation
and impairment.&#8221; The estimated useful lives of significant property and equipment items are as follows:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Buildings: as reported in the technical
appraisal corresponding to each building </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Furniture and facilities: 10 years </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Equipment: 3-5 years </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Vehicles: 5 years </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">Depreciation methods and useful lives are
reviewed at each reporting date and adjusted prospectively, if necessary.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">As a non-monetary asset, this item was
adjusted for inflation.</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 12pt 0 6pt 28.35pt; text-align: justify"><B>2.3.8. Leases</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify">IFRS 16 introduces a single lessee accounting
model, requiring that lessees recognize a right of use of the leased asset and a lease liability representing the obligation to make lease
payments. The Entity has opted to apply the exceptions related to the recognition of short-term leases and leases where the underlying
asset is of low value.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify">As to the lessor's accounting, and according
to IFRS 16, lessors continue classifying leases as operating or finance, and each of them is recognized differently.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify">The Group recognizes the right of use
as an asset and the lease liability as a liability, mainly related to the leases of offices in its branch network (Note 25).</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify">As of December 31, 2024 and 2023, the
Entity has not entered into agreements related to variable lease payments. As of such date, there are no leases that have not yet commenced,
pursuant to which the Entity has undertaken commitments, and which enter into force in subsequent years.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify">Below is a detail of the related accounting
policies:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 8pt 28.35pt; text-align: justify"><I><U>Contracts that contain a lease</U></I></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">At the contract inception, the Group evaluates
whether a contract is, or contains a lease. A contract is or contains a lease if the contract conveys the right to control the use of
an identified asset for a period of time in exchange for consideration.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 8pt 28.35pt; text-align: justify"><I>As a lessor</I></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">When the Group acts as a lessor, at lease
inception, it determines whether it is a finance or an operating lease.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt">&nbsp;</P>


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<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">To classify each lease, the Group evaluates
if it transfers substantially all the risks and rewards incidental to ownership of the leased asset. If this is the case, then the lease
is a finance lease, otherwise, it is an operating lease.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">In a finance lease, the leased asset is derecognized
and recognized as a receivable for an amount equivalent to the net investment in the lease under &#8220;Loans and other financing.&#8221;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Lease payments included in the measurement
of the net investment are as follows:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 20pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Fixed payments, including in-substance
fixed payments; </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -7.1pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 20pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Variable lease payments, which depend
on a rate or index, initially measured using the rate or index as at the lease commencement date; </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-indent: -20pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 20pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Any amounts expected to be payable under
a residual value guarantee; </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-indent: -20pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 20pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">The exercise price under purchase options,
if it is reasonably certain that they will be exercised; </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-indent: -20pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 20pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Any penalties for early termination,
if it is reasonably certain that the contract will be early terminated. </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Collections received under a finance lease
are broken down into interest and the reduction of the net investment in the lease. Interest is recognized over the lease term applying
an effective interest rate. Contingent leases are not considered in determining the net investment in the lease.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">In an operating lease, the leased asset (generally
investment properties) is not derecognized, and the collection received is recognized as revenues applying the straight line method.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 8pt 28.35pt; text-align: justify"><I>As a lessee</I></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The Group recognizes a right of use asset
and a lease liability at the commencement date. The right of use asset is initially measured at cost, which comprises the initial amount
of the lease liability adjusted for any lease payments made at or before the commencement date, plus any initial direct costs incurred
and an estimate of costs to dismantle or restore the underlying asset, less any incentives received.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The right of use asset is subsequently depreciated
using the straight-line method from the commencement date to the expiration of the lease term.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The lease liability is initially measured
at the present value of the lease payments that were not paid at the commencement date, discounted using the Group&#8217;s incremental
borrowing rate.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Lease payments included in the measurement
of the lease liability comprise the following:</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Fixed payments, including fixed payments
in kind;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Variable lease payments, which depend
on a rate or index, initially measured using the rate or index as at the lease commencement date;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Any amounts expected to be payable under
residual value guarantee;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">The exercise price under a purchase
options, if it is reasonably certain that they will be exercised;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Any amounts expected to be payable for
renewal periods if it is reasonably certain that the extension options will be exercised; and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Any penalties for early termination,
if it is reasonably certain that the contract will be early terminated.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The lease liability is measured at amortized
cost using the effective interest method. It is remeasured when there is a change in future lease payments arising from a change in a
rate or index, if there is a change in the Group&acute;s estimate of the amount expected to be payable under a residual value guarantee
or if the Group changes its assessment of whether it will exercise a purchase, extension or early termination option.</P>
<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"></P>


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<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">When the lease liability is remeasured, the
relevant adjustment is made to the right of use asset.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">US dollar-denominated lease liabilities are
converted into functional currency at the spot exchange rate as of the reporting date. Exchange gains or losses resulting from conversion
are recognized in profit or loss.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The Group has elected not to recognize right-of-use
assets and lease liabilities of low-value assets and short-term leases, including IT equipment. The Group recognizes the lease payments
associated with these leases as an expense, on a straight-line basis during the lease term.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>2.3.9. Intangible assets</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">Intangible assets include the information
systems restated costs of acquisition and implementation, which are measured at cost less accumulated amortization and impairments, if
any.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">Subsequent disbursements related to information
systems are only capitalized if the economic benefits of the related asset increase. All other expenses are recognized as a loss as incurred.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">Information systems are amortized using
the straight-line method over their estimated useful life of 5 years, and their amortization is recognized in &#8220;Asset depreciation
and impairment&#8221; in the Consolidated Statement of Income.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">Amortization methods, as well as the useful
life assigned are reviewed at each reporting date and adjusted prospectively, if applicable.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">As a non-monetary asset, this item was
adjusted for inflation.</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>2.3.10. Other non-financial assets</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><I><U>Investment properties</U></I></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">Investment properties are measured at cost,
net of accumulated depreciation and accumulated impairment losses, if any. The cost includes the spot purchase price and expenses directly
attributable to bringing the asset to the location and condition necessary for it to be capable of operating as intended by Management.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">Any gain or loss from the disposal of investment
property (calculated as the difference between net revenues from the disposal and the carrying amount of the item) is recognized in profit
or loss.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">Depreciation is calculated using the straight-line
method during the estimated useful lives of the assets and is recognized in the Consolidated Statement of Income under &#8220;Depreciation
and impairment.&#8221;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">Depreciation methods and useful lives are
reviewed at each reporting date and adjusted prospectively, if necessary.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">When the use of a given property changes
such that it is reclassified to property and equipment, its fair value as of the reclassification date becomes the cost at which the asset
will be subsequently recognized.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">As a non-monetary asset, this item was
adjusted for inflation.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">For the purposes of the depreciation calculation,
the guidelines described in 2.3.7. are followed.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><I><U>Assets acquired as security for loans</U></I></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">Assets acquired as security for loans are
measured at fair value at the date on which the Entity becomes the owner thereof, and any differences with the accounting balance of the
related loan are recognized in profit or loss. The subsequent valuation will be based on the acquired asset.</P>

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<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify"></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify"><I><U>Rest of other nonfinancial assets</U></I></P>
<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">Other nonfinancial assets (prepaid expenses,
advances to employees, tax prepayments, prepayments for the purchase of goods, etc.) are booked when the right to collect or receive consideration
is earned and are valued at amortized cost less impairment losses.</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>2.3.11. Non-current assets held for
sale</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">Non-current assets are classified as held
for sale, if it is highly likely that they will be recovered, mainly through their sale, which is estimated to occur within 12 months
following the date of their classification as such.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">These assets or group of assets is generally
measured at the lower of their carrying amount and their fair value less the cost of disposal.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">When a property and equipment item is classified
as &#8220;non-current assets held for sale,&#8221; depreciation is no longer applied.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 27.8pt; text-align: justify; text-indent: -17.45pt"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>2.3.12. Impairment of non-financial
assets</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">At least at each reporting date, the Group
assesses whether there are indications that a non-financial asset may be impaired (except deferred tax assets). If there is such an indication,
the asset's recoverable value is estimated.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">For the impairment test, assets are grouped
into the smallest group of assets generating cash inflows from their continuous use, which are largely independent of the cash inflows
from other assets or other cash generating units (CGU).</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">The &#8220;recoverable value&#8221; of
an asset or CGU is the higher of its value in use and its fair value less the cost of sale. The &#8220;value in use&#8221; is based on
estimated cash flows, discounted at their present value using the pre-tax interest rate that reflects current market assessment of the
time value of money and the risks specific to the asset or CGU.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">If the accounting balance of an asset (or
CGU) is higher than its recoverable value, the asset (or CGU), is considered impaired and its carrying amount is reduced to its recoverable
value and the difference is recognized in profit or loss.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">Reversal of an impairment loss for goodwill
is prohibited. For other assets, an impairment loss is reversed only to the extent the accounting value of the assets does not exceed
the value they would have had if the impairment had not been recognized.</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>2.3.13. Provisions</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">The Group recognizes a provision if, as
a result of a past event, there is a legal or implied obligation for an amount that can be reliably estimated and it is likely that an
outflow of resources will be required to settle such obligation.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">To assess provisions, the existing risks
and uncertainties were considered, taking into consideration the opinion of the Group's external and/or internal legal advisors. Based
on the analysis carried out, the Group recognizes a provision for the amount considered as the best estimate of the potential expense
necessary to settle the present obligation at each year-end date.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">The provisions recognized by the Group
are reviewed at each year-end date and adjusted to reflect the best estimate available.</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>2.3.14. Personnel benefits</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">a) Short-term personnel benefits</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">Short-term personnel benefits are recognized
in profit or loss when the employee provides the related service. A provision is recognized if the Group has the legal or implied obligation
as a result of past services provided by the employee, to pay an amount that can be reliably estimated.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">&nbsp;</P>


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<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">b) Other long-term personnel benefits</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">The Group's obligation in relation to long-term
personnel benefits is equivalent to the amount of the future benefit the employees have earned in exchange for services provided during
the reporting and prior years. The benefit is discounted at present value. Changes in the measurement of the obligation are recognized
in profit or loss.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">c) Termination benefits</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Termination benefits are accounted for as
an expense at the earlier of the following dates: when the Group can no longer withdraw the offer of those benefits and when the Group
recognizes restructuring costs. If benefits are not expected to be settled in full within the 12 months subsequent to the reporting date,
then such benefits are discounted.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>2.3.15. Share Capital and capital adjustments</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The &#8220;Share Capital&#8221; is exposed
at its nominal value, in accordance with regulations in force, and the difference with its restated amount is presented in the supplementary
account &#8220;Capital adjustments&#8221;.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Incremental transaction costs directly attributable
to the issuance of common shares are recognized as a reduction in the contributions received, net of the related income tax.</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>2.3.16. Interest income and expenses</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">Interest income and expenses are recognized
in profit or loss using the effective interest method. The effective interest rate is the rate whereby the contractual payment and collection
cash flows are discounted during the expected lifetime of the financial instrument at the book value of the financial asset or liability.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">The calculation of the effective interest
rate includes transaction costs, commissions and other items paid or received that are an integral part of the effective interest rate.
Transaction costs include incremental costs that are directly attributable to the acquisition of a financial asset or the issuance of
a financial liability.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify">The &#8220;amortized cost&#8221; of a
financial asset or liability is the amount at which the financial asset or financial liability is measured at initial recognition minus
principal repayments, plus or minus cumulative amortization, using the effective interest method of any difference between the initial
amount and the amount at maturity and, for financial assets, adjusted for any expected credit loss provision.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify">The &#8220;gross carrying amount of a
financial asset&#8221; is the amortized cost of a financial asset before adjustments to reflect the expected credit loss provision.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify">In calculating interest income and expenses,
the effective interest rate is applied to the gross carrying amount of the asset (when the asset is not credit impaired) or to the amortized
cost of the liability.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify">However, for credit-impaired financial
assets after initial recognition, interest income is calculated by applying the effective interest rate to the amortized cost of the financial
asset. If the asset is no longer credit impaired, then interest income is again calculated on a gross basis.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">Interest income and expenses presented
in the Consolidated Statement of Income include interest on:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">financial assets and liabilities measured
at amortized cost; and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">financial assets measured at fair value
through OCI.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify"><B>2.3.17. Commission income and expenses</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify">This item includes commission income
from transactions with customers, primarily related to maintenance and administration commissions in respect of checking accounts, savings
accounts, credit cards, custody of securities and exchange transactions.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify">Commissions, fees and similar items that
are part of a financial asset or liability's effective interest rate are included in the measurement of the effective interest rate.</P>


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<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify">The breakdown of commission income and
expenses is presented in Note 29 and 30 to these financial statements.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify">All other commission income items are
recognized when the related services are rendered:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">-</FONT></TD><TD><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">at a certain moment (in connection with service fees, mutual funds
management fees, sales commissions and loan syndication fees), or</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">during the period of the performance
obligation (in connection with annual commissions for credit cards, issuance of financial guarantees).</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-indent: 28.35pt">Commission expenses are recognized in income or loss
when the related service is received.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>2.3.18. Current and deferred income
tax</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Income tax expense for each period includes
the current income tax and deferred income tax and is recognized in profit or loss, except to the extent that it relates to an item recognized
in OCI or directly in shareholders&#8217; equity.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">a) Current tax</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Current income tax includes the income
tax payable, or advances made during the year and any adjustment payable or receivable related to previous years. The amount of the current
tax payable (or to be recovered) is the best estimate of the amount that is expected to be paid (or to be recovered) measured at the applicable
rate at the year-end date.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">b) Deferred tax</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Deferred income tax recognizes the tax
effect of temporary differences between the accounting balances of the assets and liabilities and the related tax bases used to assess
taxable income.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Deferred tax is not recognized on:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Temporary differences arising from the
initial recognition of assets or liabilities in a transaction other than a business combination and which does not affect either the accounting
or the taxable profit or loss. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Temporary differences associated with
investments in subsidiaries, to the extent it is probable that the reversal will not occur in the foreseeable future; and </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Taxable temporary differences arising
from the initial recognition of goodwill. </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">A deferred tax liability is recognized
for the tax effect of all taxable temporary differences.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">A deferred tax asset is recognized for
the tax effect of unused tax losses and deductible temporary differences, insofar as it is likely that future taxable income will be generated
against which such temporary differences can be applied. Future taxable income is determined on the basis of the Bank&#8217;s and its
subsidiaries&#8217; business plans. Deferred tax assets are reviewed at each year-end date, and are reduced to the extent the associated
tax benefits are no longer expected to be realized. Such reductions are reversed as future taxable income is more likely to be generated.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Deferred tax assets that have not been
recognized will be reassessed at each year-end date and will be recognized insofar as it is likely that the Entity will have future taxable
income against which such assets can be applied.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Deferred tax is measured at the tax rates
expected to be applied upon reversal of the temporary differences, using enacted or substantially enacted tax rates at year-end.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The measurement of deferred tax reflects
the tax consequences of the manner in which the Group expects to recover or settle the carrying amount of its assets and liabilities at
year-end.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Deferred tax assets and liabilities can
be offset only if certain criteria are met.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 12pt 0 6pt 28.35pt; text-align: justify"><B>2.3.19. Segment reporting</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">An operating segment is a component of the
Group engaged in business activities from which it can generate revenues and incur expenses, including revenues and expenses related to
transactions with any other components of the Group. The operating results of these segments are periodically reviewed by the highest
operational decision-making authority to make decisions about the resources to be allocated to the segment and assess its performance.
Discrete financial information is available for such segment.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The results of segments reported to the highest
operational decision-making authority include items that are directly attributable to a segment, as well as those that may be allocated
on a reasonable basis. Unallocated items mainly consist of corporate assets (primarily the Bank's headquarters), central office expenses,
and tax assets and liabilities.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>2.3.20. Customer Loyalty Program</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The loyalty program offered by the Bank involves
accumulating points generated from purchases made with credit cards, which may be exchanged for any available reward on the program platform.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The Bank has a benefit program in place,
whereby it offers points to individual customers, which can be exchanged for different products and/or services. While the program is
managed by the Bank, it has concluded that it is acting as an agent in relation to the points and consequently, the allocated transaction
price consists only of the commission on the amounts paid to the principal.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The Bank concluded that the rewards to be
granted create a separate performance obligation. Therefore, at the end of each fiscal year, the Bank recognized a provision for the rewards
to be granted under the item &quot;Other Liabilities.&quot;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #004481"><B>2.4. Accounting judgments,
estimates and assumptions</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The preparation of these consolidated condensed
financial statements in accordance with IFRS Accounting Standards requires the preparation and consideration, by the Entity&#8217;s and
its subsidiaries&#8217; Management, of significant accounting judgments, estimates and assumptions that impact in the reported balances
of assets and liabilities, income and expenses, as well as in the determination and disclosure of contingent assets and liabilities as
of the end of the reporting year.</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The entries made are based on the best estimate
of the probability of occurrence of different future events. In this sense, the uncertainties associated with the estimates and assumptions
adopted may result in the future in final results that would differ from such estimates and require significant adjustments to the reported
balances of the assets and liabilities affected. Accounting judgments, estimates and assumptions are reviewed on an ongoing basis and
their effect is recognized prospectively.</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>2.4.1. Judgments</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The information about judgments made in applying
accounting policies that have the most significant effects on the amounts recognized in the consolidated financial statements is described
in Note 2.2. Determination of the &#8220;Basis of consolidation&#8221; regarding the existence of control of other entities and Note 2.3.
&#8220;Significant accounting policies&#8221; under the following headings:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.3pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Note 2.3.4. b) &#8220;Classification
of financial assets&#8221;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.3pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Note 2.3.4. g) &#8220;Impairment of
financial assets&#8221;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.3pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Note 2.3.8. &#8220;Leases&#8221; A-
&#8220;Contracts that contain a lease&#8221;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 6.5pt; text-align: justify; text-indent: 3.8pt">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>2.4.2. Assumptions and estimations of
uncertainties</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Information about assumptions and estimation
of uncertainties that have a significant risk of resulting in a material adjustment to these consolidated financial statements is included
in the following notes:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.3pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Note 40.3. &#8220;Valuation techniques
for Levels 2 and 3&#8221;</FONT></TD></TR></TABLE>


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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.3pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Nota 2.3.13 &#8211; &#8220;Provisions&#8221;,
regarding the likelihood and scope of outflow of resources. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.3pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Notes 7, 8 and 9 &#8211; &#8220;Other
financial assets&#8221;, &#8220;Loans and other financing&#8221; and &#8220;Other debt securities&#8221; regarding the impairment of financial
assets.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.3pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Note 11 &#8211; &#8220;Income tax,&#8221;
regarding availability of future taxable profit against which deferred tax assets and uncertain tax positions may be utilized.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; text-align: justify; text-indent: 10.9pt">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>2.4.3. Measurements at fair value</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Fair value is the price that would be received
to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The most objective and usual reference of
the fair value of a financial asset or liability is the price that would be paid in an orderly, transparent and deep market, that is to
say, its quoted or market price.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">If it is not possible to obtain a market
price, a fair value is determined using best market practice valuation techniques, such as cash flows discount based on a yields curve
for the same class and type of instrument, or if there is no market curve with the same characteristics of the bond, the fair value is
calculated considering the latest market price plus interest accrued until the valuation date (whichever is more representative for the
security).</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">In line with the accounting standard, a three-level
classification of financial instruments is established. This classification is mainly based on the observability of the inputs used to
calculate that fair value, defining the following levels:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.25pt">&#8211;</TD><TD STYLE="text-align: justify"><U>Level 1</U>: Financial instruments measured using quoted prices in an active market. Active market
means a market that allows the observation of representative prices with sufficient frequency and daily volume.</TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.25pt">&#8211;</TD><TD STYLE="text-align: justify"><U>Level 2</U>: The estimated amount of such claims is 66,150, out of which a cash disbursement of approximately
3,446 is expected for the next 3 months. Financial instruments without an active market, but that may be measured through observable market
inputs. Observable market inputs shall mean as such assets traded in markets that allow to calculate an interest rate curve or determine
a credit spread.</TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 49.6pt; text-align: justify; text-indent: -21.25pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.25pt">&#8211;</TD><TD STYLE="text-align: justify"><U>Level 3</U>: Measurement using models based on variables not obtained from observable market inputs.</TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #004481"><B>&nbsp;</B></P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #004481"><B>2.5. Regulatory changes
introduced during this fiscal year</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #004481"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">In the fiscal year beginning January 1, 2024,
the following amendments to IFRS Accounting Standards became effective, which have not had a significant impact on these consolidated
financial statements taken as a whole:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 42.55pt; text-align: justify"><B>Amendments to IAS 1: Classification of
current and noncurrent liabilities with covenants</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 42.55pt; text-align: justify">In January 2020 and October 2022, the IASB
issued amendments to IAS 1 Presentation of Financial Statements specifying the requirements to classify liabilities as current or non-current.
The amendments clarify: (i) what it mean by a right to defer settlement; (ii) That a right to defer must exist at the end of the reporting
period; (iii) that such classification is unaffected by the likelihood that an entity will exercise its right to defer; (iv) that only
if an embedded derivative in a convertible liability is itself an equity instrument would the terms of a liability do not affect its classification;
and (v) disclosures.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 42.55pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 42.55pt; text-align: justify">The IASB decided that if an entity's right
to defer payment of a liability is subject to an entity&#8217;s compliance with the required covenants only at a date subsequent to the
reporting period (&quot;future covenants&quot;), the entity has the right to defer payment of the liability even if the entity had not
been compliant at the end of the reporting period.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 42.55pt; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 42.55pt; text-align: justify">The amendments also clarify that the requirement
of the right to exist at the end of the reporting period applies to covenants that the entity must comply with at the reporting date or
earlier, regardless of whether compliance is evidenced at that date or at a later date.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 42.55pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 42.55pt; text-align: justify"><B>Amendment to IFRS 16 &#8211; Lease liability
in a sale and leaseback.</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 42.55pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 42.55pt; text-align: justify">In September 2022, the IASB issued amendments
to IFRS 16, specifically on the requirements that a lessee-seller uses to measure the lease liability arising in a sale and leaseback
transaction, to ensure that the lessee-seller does not recognize any amount of gain or loss that relates to the right-of-use. The application
of these requirements will not prevent the lessee-seller from recognizing, in profit or loss, any gain or loss related to the partial
or total termination of a lease. The amendment does not prescribe specific measurement requirements for lease liabilities arising from
a subsequent lease. The initial measurement of lease liabilities arising from a subsequent lease may result in the seller-lessee determining
'lease payments' that are different from the general definition of lease payments. The seller-lessee should develop and apply an accounting
policy that results in information that is relevant and reliable in accordance with IAS 8.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 42.55pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 42.55pt; text-align: justify"><B>Amendments to IAS 7 and IFRS 7 - Disclosures:
Supplier Finance Arrangements</B></P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 42.55pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 42.55pt; text-align: justify">In May 2023, the IASB issued amendments to
IAS 7 &#8220;Statement of Cash Flows&#8221; and IFRS 7 &#8220;Financial Instruments: Disclosures&#8221;, which specify the information
requirements to be disclosed to enhance the current requirements, the purpose of which is helping financial statement users to understand
the effects of supplier finance agreements on the entity&#8217;s liabilities, cash flows and exposure to liquidity risk.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.9pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 42.55pt; text-align: justify">These amendments require an entity to provide
information about the impact of supplier finance arrangements on liabilities and cash flows, including the terms and conditions of those
arrangements, the quantitative information on liabilities related to those arrangements at the beginning and end of the reporting period
and the type and effect of non-cash changes in the carrying amounts of those arrangements. The information on those arrangements is required
to be aggregated unless the individual arrangements have dissimilar or unique terms and conditions. In the context of the quantitative
liquidity risk disclosures required by IFRS 7, supplier finance arrangements are included as an example of other factors that might be
relevant to disclose.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 42.55pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 42.55pt; text-align: justify; color: #004481"><B>2.6. New pronouncements</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 42.55pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 42.55pt; text-align: justify">Pursuant to Communication &#8220;A&#8221;
6114 issued by the BCRA, as the new IFRS Accounting Standards are approved, or the current IFRS are modified or repealed and, once such
changes are adopted by the Argentine Federation of Professional Councils of Economic Sciences (FACPCE) by means of Notices of Adoption,
the BCRA shall issue a statement announcing its approval for financial institutions. In general, the early application of any new IFRS
Accounting Standards is not permitted, unless specifically permitted at the time of adoption.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 42.55pt; text-align: justify">The standards and interpretations applicable
to the Entity, issued but ineffective as of the date of these consolidated financial statements are exposed below. The Entity will adopt
these standards, if applicable, when they are effective. The Entity is evaluating the effects these standards may have on the financial
statements.</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify"><B>Amendments to IAS 21 - Lack of exchangeability</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify">In August 2023, the IASB issued amendments
to IAS 21 relating to the &#8220;Lack of exchangeability&#8221;. The amendment to IAS 21 specifies how an entity should assess whether
a currency is exchangeable and how it should determine a spot exchange rate when interchangeability is lacking. A currency is considered
to be exchangeable for another currency when an entity is able to obtain the other currency without undue delay and through markets or
exchange mechanisms that create enforceable rights and obligations. If a currency is not exchangeable for another currency, an entity
is required to estimate the spot exchange rate at the measurement date. An entity's purpose in estimating the spot rate is to reflect
the rate at which an orderly exchange transaction would take place at the measurement date between market participants under prevailing
economic conditions. The amendments state that an entity may use an unadjusted observable exchange rate or other estimation technique.</P>
<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify"></P>


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    <!-- Field: /Page -->

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify">When an entity estimates a spot exchange rate
because a currency is not exchangeable for another currency, it should disclose information that enables users of the financial statements
to understand how the fact of that currency not being interchangeable affects, the entity's performance, financial position and cash flows.
These amendments will be effective from January 1, 2025.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify"><B>IFRS 18 - Presentation and Disclosures
in Financial Statements</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify">In April 2024, the IASB issued IFRS 18 &#8220;Presentation
and Disclosures in Financial Statements&#8221;, which addresses the format for the presentation of profit or loss in financial statements,
performance measures defined by management and aggregation/disaggregation of disclosures. This standard will replace IAS 1 and is effective
from January 1, 2027. The Entity is evaluating the effects that this standard will have on the consolidated financial statements.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify"><B>Amendments to IFRS 9 and IFRS 7 - Classification
and measurement of financial instruments</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify">In May 2024, the IASB issued amendments to
the classification and measurement of financial instruments, which:</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 14.15pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Clarify that a financial liability is
derecognized on the &#8220;settlement date,&#8221; i.e., when the related obligation is discharged, cancelled, expires or the liability
otherwise qualifies for derecognition. It also introduces an accounting policy option to derecognize financial liabilities that are settled
through an electronic payment system before the settlement date if certain conditions are met.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 14.15pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Clarified how to assess contractual
cash flow characteristics of financial assets that include environmental, social and governance (ESG) and other similar contingent characteristics.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 14.15pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Clarified the treatment of non-recourse
assets and contractually linked instruments.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 14.15pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Require additional disclosures for financial
assets and liabilities with contractual terms that refer to a contingent event (including those that are linked to ESG) and equity instruments
classified at fair value through other comprehensive income.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify">These amendments are effective from January
1, 2026.</P>

<P STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin: 0 0 0 42.5pt; text-align: justify; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify"><B>Improvements to IFRS Accounting Standards</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify">In July 2024, the IASB published Annual Improvements
to IFRS Accounting Standards - Volume 11. Below is a summary of the amendments made:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 14.15pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">IFRS 1 First-time Adoption of International
Financial Reporting Standards - Hedge Accounting by a first-time adopter.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 14.15pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">IFRS 7 Financial Instruments: Disclosures
about gain or loss on derecognition, deferred difference between fair value and transaction price, and disclosures about credit risk;
amendments are also made to paragraph IG1 of the Implementation Guidance.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 14.15pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">IFRS 9 Financial Instruments - Derecognition
of lease liabilities by the lessee. However, the amendment does not address how a lessee distinguishes between a lease modification as
defined in IFRS 16 and an extinguishment of a lease liability in accordance with IFRS 9.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 14.15pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">IFRS 9 Financial Instruments - Transaction
Price: paragraph 5.1.3 of IFRS 9 has been amended to replace the reference to &#8220;transaction price as defined by IFRS 15 Revenue from
contracts with customers&#8221; with &#8220;the amount determined by applying IFRS 15&#8221;. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 14.15pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">IFRS 10 Consolidated Financial Statements
- Determination of a &#8220;de facto agent&#8221;: paragraph B74 of IFRS 10 has been amended to clarify that the relationship described
in paragraph B74 is only one example of the various relationships that could exist between the investor and other parties acting as de
facto agents of the investor.</FONT></TD></TR></TABLE>


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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 14.15pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">IAS 7 Statement of Cash Flows - Cost
Method: paragraph 37 of IAS 7 has been amended to replace the term &#8220;cost method&#8221; with &#8220;at cost&#8221;, following the
previous deletion of the definition of &#8220;cost method&#8221;.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify">These amendments are effective from January
1, 2026. The Entity is evaluating the effects these amendments may have on the financial statements.</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #004481"><B>2.7. Transcription to
the books</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">As of the date of these consolidated financial
statements, they are in the process of being transcribed to the Book of Balance Sheets for Publication and result. In addition, the entries
corresponding to October, November and December 2024 are in the process of being transcribed to the general ledger book, in accordance
with applicable laws in force.</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #072146"><B>3. Cash and deposits
in banks</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The breakdown in the Consolidated Statement
of Financial Position and the balance of cash and cash equivalents calculated for the purposes of the preparation of the Consolidated
Statement of Cash Flows is as follows:</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Cash</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;1,781,763,440&#9;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;1,583,725,745&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">B.C.R.A. - Unrestricted current account</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;758,790,439&#9;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;783,628,140&#9;</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Balances with other local and foreign financial institutions</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;283,329,888&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;121,565,176&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;2,823,883,767&#9;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;2,488,919,061&#9;</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><FONT STYLE="font-size: 10pt">The balances
of Cash and deposits in banks as of December 31, 2022 amounted to 2,009,234,740</FONT>.</P>

<P STYLE="font: 12pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B><U>Analysis of the evolution
of financing activities</U></B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The following table provides a reconciliation
between the opening and closing balances of the main liabilities arising from financing activities:</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->41<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 67%; padding-right: 2.65pt; padding-left: 14.15pt">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Financial liabilities</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 14.15pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Opening balance</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>140,490,742</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>164,045,838</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>Cash flow</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Issuance &#8211; Non-subordinated corporate bonds</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">99,271,683</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">30,821,854</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Collections linked to financing activities </FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">139,535,545</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,816,673</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Principal payment &#8211; Non-subordinated corporate bonds and financing from local financial institutions </FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(10,729,920)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(76,085,804)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Lease payments</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(13,075,965)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(13,561,406)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>Transactions that do not generate cash flow</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Additions &#8211; Right of use of leased properties</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">14,028,401</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">20,795,120</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Accrued interest and adjustments</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">7,151,318</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">52,978,534</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Monetary income/(loss) generated by financial liabilities</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(27,443,877)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(40,320,067)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 0.5in; text-indent: -21.85pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Closing balance</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>349,227,927</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>140,490,742</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>


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    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->42<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #072146"><B>4. Debt securities at
fair value through profit or loss</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 49.65pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Government securities</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;91,797,177</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;487,641,727&#9;</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Private securities - Corporate bonds</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;4,682,554&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;91,797,177</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;492,324,281&#9;</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 7.1pt 0 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 28.35pt">A breakdown of this information is provided in Exhibit A.</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 7.1pt 0 0">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #072146"><B>5. Derivative instruments
</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">In the ordinary course of business, the group
carried out foreign currency forward transactions with daily or upon-maturity settlement of differences, with no delivery of the underlying
asset, interest rate swap transactions and options. These transactions do not qualify as hedging pursuant to IFRS 9 - &#8220;Financial
Instruments&#8221;.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify">The aforementioned instruments are measured
at fair value and were recognized in the Consolidated Statement of Financial Position in the item &#8220;Derivative instruments&#8221;.
Changes in fair values were recognized in the Consolidated Statement of Income in &#8220;Net income from measurement of financial instruments
at fair value through profit or loss&#8221;.</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt">&nbsp;</P>

<P STYLE="font: 10pt/10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt">Breakdown is as follows:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify"><U>Assets</U></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Debit balances linked to foreign currency forwards pending settlement in pesos</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;9,270,169&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;18,588,677&#9;</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Debit balances linked to interest rate swaps - floating rate for fixed rate</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;593,293&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;-&#9;</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&nbsp;Income from put options taken&nbsp;&nbsp;&nbsp;(1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;-&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;3,191,736&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;9,863,462&#9;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;21,780,413&#9;</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt">&nbsp;</P>

<P STYLE="font: 8pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">(1) On July 18, 2024, the Bank undertook the
bidding process for terminating the liquidity options related to government securities issued by the BCRA and existing in the Bank&#8217;s
portfolio (Communiqu&eacute;s &#8220;B&#8221; 12,847 and &#8220;A&#8221; 7,546). As a result of such process, put options for a face value
of 546,974,473,392 were delivered.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><U>Liabilities</U></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 9pt/9pt BBVA Benton Sans Book; margin: 0; text-align: justify">Credit balances linked to foreign currency forwards pending
    settlement in pesos</P>
    <P STYLE="font: 12pt/9pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;3,858,635&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;4,671,486&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;3,858,635&#9;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;4,671,486&#9;</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The notional amounts of the forward transactions
and foreign currency forwards, stated in US Dollars (US$) and in Euros as applicable, as well as the base value of interest rate swaps
and put options taken are reported below:</P>


<!-- Field: Page; Sequence: 44 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->43<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 64%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 18%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B><U>Foreign currency forwards</U></B></FONT></TD>
    <TD STYLE="vertical-align: bottom; background-color: white">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&nbsp;&nbsp;&nbsp;Foreign currency forward purchases - US$</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">718,460</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">169,836</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 9pt/9pt BBVA Benton Sans Book; margin: 0 0 0 14.2pt; text-indent: -6.25pt">Foreign currency forward sales - US$</P>
    <P STYLE="font: 12pt/9pt BBVA Benton Sans Book; margin: 0">&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">705,015</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">119,093</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&nbsp;&nbsp;&nbsp;Foreign currency forward sales - Euros</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">3,451</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">5,500</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 9pt/9pt BBVA Benton Sans Book; margin: 0; color: #072146"><B><U>Interest rate swaps </U></B></P>
    <P STYLE="font: 12pt/9pt BBVA Benton Sans Book; margin: 0">&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;Fixed rate for floating rate &nbsp;(1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">7,044,000</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;-&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B><U>Put options</U></B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&nbsp;&nbsp;&nbsp;Put options taken (2)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;-&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;142,183,107&#9;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/9.6pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><SUP>(1)</SUP></FONT></TD><TD><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Floating rate: Badlar rate, interest rate for deposits over one million
pesos, for a term of 30 to 35 days.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><SUP>(2)</SUP></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">On July 18, 2024, the Bank undertook
the bidding process for terminating the liquidity options related to government securities issued by the BCRA and existing in the Bank&#8217;s
portfolio (Communiqu&eacute;s &#8220;B&#8221; 12,847 and &#8220;A&#8221; 7,546). As a result of such process, put options for a face value
of 546,974,473,392 were delivered.</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #072146"><B>6. Repo transactions
and surety bonds</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><U>Reverse repurchase transactions and surety
bonds</U></P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 60%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 21%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Amounts receivable for reverse repurchase transactions of BCRA Notes/Liquidity Bills (1)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;-&#9;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;2,618,426,757&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;-&#9;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;2,618,426,757&#9;</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><SUP>(1)</SUP></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">As of 2023, repurchase transactions involving
BCRA Notes/Liquidity bills fell due on January 2, 2024.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><U>Repurchase transactions and surety bonds</U></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify">No repurchase transactions or surety
bonds were accounted for as of December 31, 2024 and 2023.</P>


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    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->44<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #072146"><B>7. Other financial assets</B></P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>Measured at amortized cost</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other receivables</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">144,335,268</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">107,559,147</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Financial debtors from spot transactions pending settlement</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">64,541,525</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,007,555</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Receivables from sale of ownership interest in Prisma Medios de Pago S.A. (1) </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">34,869,174</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">88,138,521</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Non-financial debtors from spot transactions pending settlement</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">9,746,206</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,904,520</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">657,095</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">276,761</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>254,149,268</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>199,886,504</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>Measured at fair value through profit or loss</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Mutual funds</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">749,178</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,615,390</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>749,178</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>1,615,390</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Allowance for loan losses (Exhibit R)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(1,806,480)</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(3,089,931)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>253,091,966</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>198,411,963</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/9.6pt Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><SUP>(1)</SUP></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">On October 1, 2021, the Bank, together
with the other Class B Shareholders, gave notice of the exercise of the put option and therefore initiated the procedure to sell 49% of
the capital stock in the company Prisma Medios de Pago S.A.</FONT></TD></TR></TABLE>

<P STYLE="font: 8pt/9.6pt BBVA Benton Sans Book; margin: 6pt 0 0 42.55pt; text-align: justify">On March 18, 2022, the transfer of all
the remaining shareholding of the Bank in Prisma Medios de Pago S.A. was consummated for a price of US$ 40,038,122. Such amount will be
paid as follows: (i) 30% in Pesos adjustable by CER (UVA) at an annual nominal rate of 15% and (ii) 70% in US Dollars at an annual nominal
rate of 10% within a term of six years.</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->45<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #072146"><B>8. Loans and other financing</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The Group holds loans and other financing
under a business model intended to collect contractual cash flows. Therefore, the Group measures loans and other financing at amortized
cost. Breakdown is as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Credit Cards</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,052,689,770</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,530,126,592</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Notes</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,098,210,199</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">692,636,024</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Loans for the prefinancing and financing of exports</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,003,823,052</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">333,614,287</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Consumer loans</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">814,048,729</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">330,607,096</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Discounted instruments</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">730,263,083</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">316,217,724</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Overdrafts</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">643,005,825</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">384,385,683</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Mortgage loans</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">234,142,459</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">172,913,557</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Pledge loans</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">178,348,891</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">96,545,542</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other financial institutions</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">60,235,154</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">35,782,959</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Consumer loans</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">44,164,421</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">22,361,108</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Receivables from finance leases</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">25,671,951</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">27,698,842</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Non-financial government sector</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">964,726</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">316,210</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Instruments purchased</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">920,747</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">6,566,782</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other financing</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">810,925,119</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">451,036,300</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>7,697,414,126</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>4,400,808,706</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Allowance for loan losses (Exhibit R)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(158,842,594)</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(98,911,277)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>7,538,571,532</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>4,301,897,429</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The Group as lessor entered into finance
lease agreements related to vehicles and machinery and equipment. The following table shows the total gross investment in the finance
leases (lease-purchase agreement) and the current value of the minimum collections to be received thereunder:</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072346"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072346"><B>12.31.23</B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 41%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 14%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072346"><B>Total investment</B></FONT></TD>
    <TD STYLE="width: 14%; border-top: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 9pt/9pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072346"><B>Current value of minimum payments</B></P>
    <P STYLE="font: 12pt/9pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom; width: 2%">&nbsp;</TD>
    <TD STYLE="width: 14%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072346"><B>Total investment</B></FONT></TD>
    <TD STYLE="width: 14%; border-top: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 9pt/9pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072346"><B>Current value of minimum payments</B></P>
    <P STYLE="font: 12pt/9pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P></TD>
    </TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072346"><B>Term</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Up to 1 year</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;15,055,680</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;5,979,926</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;19,578,450</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;5,660,933</FONT></TD>
    </TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">From 1 to 2 years</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;14,495,003</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;7,487,274</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;20,197,364</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;7,955,625</FONT></TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">From 2 to 3 years</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;10,521,814</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;6,563,738</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;14,779,283</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;6,710,041</FONT></TD>
    </TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">From 3 to 4 years</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;3,974,129</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;2,646,884</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;7,972,993</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;4,779,270</FONT></TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">From 4 to 5 years</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;2,659,573</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;2,220,798</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;2,848,324</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;2,592,973</FONT></TD>
    </TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">More than 5 years</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;1,040,932</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;773,331</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;-</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    </TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>&#9;47,747,131</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>&#9;25,671,951</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>&#9;65,376,414</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>&#9;27,698,842</B></FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    </TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Share capital</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;24,989,716</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;26,292,421</FONT></TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Interest accrued</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;682,235</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;1,406,421</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072346"><B>TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072346"><B>&#9;25,671,951</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072346"><B>&#9;27,698,842</B></FONT></TD>
    </TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The breakdown of loans and other financing
according to credit performance (determined as per the criteria set forth by the BCRA in the debtor classification regulations) and guarantees
received are presented in Exhibit B. The information on concentration of loans and other financing is presented in Exhibit C. The reconciliation
of the information included in that Exhibit to the carrying amounts is shown below:</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 62%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 18%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 18%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>Total Exhibits B and C</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>7,967,880,453</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>4,652,384,348</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>Plus:</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 12pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Loans to personnel</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 4pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">44,164,421</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-left: 4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 4pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">22,361,108</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 12pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Interest and other items accrued receivable from financial assets with credit value impairment</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 4pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,867,729</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-left: 4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 4pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,769,902</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>Less:</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-left: 4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-left: 4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-left: 4pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 12pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Allowance for loan losses (Exhibit R)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 4pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(158,842,594)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-left: 4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 4pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(98,911,277)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 12pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Adjustments for effective interest rate</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 4pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(49,846,734)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-left: 4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 4pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(29,771,380)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 12pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Corporate bonds and other private securities</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 4pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(38,325,222)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-left: 4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 4pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(20,450,984)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 12pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Loan commitments</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 4pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(229,326,521)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-left: 4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 4pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(225,484,288)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-left: 4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-left: 4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-left: 4pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Total loans and other financing</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>7,538,571,532</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-left: 4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; padding-left: 4pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>4,301,897,429</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Note 43.2 to these consolidated financial
statements contains information on credit risk associated with loans and other financing and allowances measured using the expected credit
loss model.</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>


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<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/11.2pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B><U>Trade-related loans</U></B></P>

<P STYLE="font: 10pt/11.2pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/11.2pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The following tables analyze our loan portfolio
(broken down into performing and non-performing) according to the main economic activity of the borrowers as of December 31, 2024 and
2023. Where applicable, loans to individuals are allocated to the borrower&#8217;s economic activity. Loans are stated before deduction
of the allowance for credit losses and include loans and financing to all clients.</P>

<P STYLE="font: 10pt/11.2pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="9" STYLE="border-bottom: black 1pt solid; padding-top: 2.15pt; padding-bottom: 1pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="9" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Loan Portfolio (1)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="width: 30%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Economic Area/Activity</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 13%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Performing</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 13%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>%</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 13%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Non-performing</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 13%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>%</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 13%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="9" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>(in thousands of pesos, except percentages)</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Consumption</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">3,481,793,760</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">45.91%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">100,087,788</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">88.72%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">3,581,881,548</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Other products</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,119,865,854</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">14.77%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">4,166,912</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">3.69%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,124,032,766</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Retail and wholesale</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">617,831,686</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">8.15%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">856,509</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">0.76%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">618,688,195</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Agriculture and livestock</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">420,625,247</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">5.55%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,148,503</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">1.02%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">421,773,750</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Mining</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">163,529,011</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">2.16%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">114,636</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">0.10%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">163,643,647</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Electricity, oil, water and healthcare services</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">136,383,301</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">1.80%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">112,455</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">0.10%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">136,495,756</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Transport</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">111,440,083</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">1.47%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">241,771</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">0.21%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">111,681,854</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Services</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">104,280,882</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">1.37%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">505,070</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">0.45%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">104,785,952</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Other financial institutions</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">60,235,154</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">0.79%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#8211;</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">&#8211;%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">60,235,154</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Construction</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">43,967,749</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">0.58%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">272,767</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">0.24%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">44,240,516</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Non-financial government sector</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">960,927</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">0.01%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">3,799</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">0.01%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">964,726</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Other</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,323,682,150</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">17.44%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">5,308,112</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">4.70%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,328,990,262</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>7,584,595,804</B></FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146; line-height: 114%"><B>100.00%</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>112,818,322</B></FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146; line-height: 114%"><B>100.00%</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>7,697,414,126</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/11.2pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="9" STYLE="border-bottom: black 1pt solid; padding-top: 2.15pt; padding-bottom: 1pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="9" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Loan Portfolio (1)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="width: 30%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Economic Area/Activity</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 13%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Performing</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 13%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>%</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 13%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Non-performing</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 13%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>%</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 13%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="9" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>(in thousands of pesos, except percentages)</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Consumption</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,014,879,775</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">46.60%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">63,137,051</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">82.35%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,078,016,826</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Other products</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">504,469,152</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">11.67%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">6,736,053</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">8.79%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">511,205,205</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Retail and wholesale</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">359,287,744</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">8.31%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">572,866</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">0.75%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">359,860,610</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Mining </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">322,806,208</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">7.47%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">194,249</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">0.25%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">323,000,457</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Agriculture and livestock</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">214,729,088</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">4.97%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,310,231</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">1.71%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">216,039,319</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Services</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">81,031,633</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">1.87%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">282,822</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">0.37%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">81,314,455</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Transport</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">72,552,135</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">1.68%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">420,315</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">0.55%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">72,972,450</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Other financial institutions</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">35,782,960</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">0.83%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#8211;</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">&#8211;%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">35,782,960</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Construction</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">27,733,253</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">0.64%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">587,618</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">0.77%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">28,320,871</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Electricity, oil, water and healthcare services</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">23,655,781</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">0.55%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">5,895</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">0.01%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">23,661,676</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Non-financial government sector</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">313,391</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">0.01%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,818</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">0.01%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">316,209</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Other</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">666,899,454</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">15.40%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">3,418,214</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; line-height: 114%">4.44%</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">670,317,668</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>4,324,140,574</B></FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146; line-height: 114%"><B>100.00%</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>76,668,132</B></FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; line-height: 114%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right; line-height: 114%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146; line-height: 114%"><B>100.00%</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right; line-height: 114%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>4,400,808,706</B></FONT></TD></TR>
  </TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><SUP>(1)</SUP></FONT></TD><TD><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Performing: Stage 1 and Stage 2; Non-performing: Stage 3</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/11.2pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 1pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 14.15pt">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">As of December 31, 2024 and 2023, the Group
holds the following loan commitments booked in off-balance sheet accounts according to the financial reporting framework set forth by
the BCRA:</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Overdrafts and receivables not used </FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;108,991,201&#9;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;39,579,775&#9;</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Secured loans </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;60,605,351&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;96,768,335&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Liabilities related to foreign trade transactions</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;56,283,756&#9;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;83,191,444&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Guarantees granted</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;3,446,213&#9;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;5,944,734&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;229,326,521&#9;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;225,484,288&#9;</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Risks related to the aforementioned loan
commitments are assessed and controlled within the framework of the Group's credit risks policy (Note 43.1. Risk policies of financial
instruments).</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #072146"><B>9. Other debt securities</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #004481"><B>9.1. Financial assets
measured at amortized cost</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Argentine Treasury Bonds in pesos. Maturity 08-23-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">125,492,302</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">107,798,424</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Argentine Treasury Bonds in pesos. Maturity 05-23-2027</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">24,039,592</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">70,570,093</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 9pt BBVA Benton Sans Book; margin: 0">Argentine Treasury Bonds in pesos at 0.7% Badlar Private Rate. Maturity 11-23- 2027</P>
    <P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">10,372,413</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">32,167,645</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>159,904,307</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>210,536,162</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #004481"><B>9.2. Financial assets
measured at fair value through OCI</B></P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Government securities</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;2,262,027,285&#9;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;1,136,448,130&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Private securities &#8211; Corporate bonds</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;37,554,734&#9;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;19,509,778&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">BCRA Notes</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;37,098,912&#9;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;-&#9;</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Local BCRA Bills in foreign currency</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;-&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;151,937,663&#9;</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">BCRA Liquidity Bills in pesos</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;-&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;131,713,790&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;2,336,680,931&#9;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;1,439,609,361&#9;</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 50 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->49<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B><U>Debt Swap &#8211; March
/ June 2023</U></B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">In March 2023, the Bank launched a voluntary
debt swap under Section 11, Presidential Decree No. 331/2022 issued by the Ministry of Economy. The securities delivered/received under
such swap were as follows:</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 6.55pt; text-align: justify; text-indent: 3.8pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="2" STYLE="border: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Securities Delivered</B></FONT></TD></TR>
  <TR>
    <TD STYLE="width: 76%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Species</B></FONT></TD>
    <TD STYLE="width: 24%; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Nominal values</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Argentine Treasury Bill in pesos at discount. Maturity April 28, 2023 (LEDES S28A3)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;<B>19,027,714,460</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Argentine Treasury Bill in pesos adjusted by CER at discount. Maturity May 19, 2023 (LECER X19Y3)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;<B>7,000,000,000</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Argentine Treasury Bill in pesos at discount. Maturity May 31, 2023 (LEDES S31Y3)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;<B>6,840,800,244</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Argentine Treasury Bill in pesos at discount. Maturity June 30, 2023 (LEDES S30J3)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;<B>5,532,343,136</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt/120% BBVA Benton Sans Book; margin: 0 0 0 49.65pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="2" STYLE="border: black 1pt solid; padding-right: 3.55pt; padding-left: 3.55pt; text-align: center; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Received Securities</B></FONT></TD></TR>
  <TR>
    <TD STYLE="width: 76%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Species</B></FONT></TD>
    <TD STYLE="width: 24%; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Nominal values</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Argentine Treasury Bond in pesos adjusted by CER 3.75%. Maturity April 14, 2024 (T3X4P)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;<B>13,237,176,685</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Argentine Treasury Bond in pesos adjusted by CER 4%. Maturity October 14, 2024 (T4X4P)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;<B>17,649,568,913</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Argentine Treasury Bond in pesos adjusted by CER 4.25%. Maturity February 14, 2025 (T2X5P)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;<B>13,237,176,685</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">In June 2023, the Bank launched a new voluntary
debt swap under Section 11, Presidential Decree No. 331/2022 issued by the Ministry of Economy. The securities delivered/received under
such swap were as follows:</P>

<P STYLE="font: 8pt/120% BBVA Benton Sans Book; margin: 0 0 0 49.65pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="2" STYLE="border: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Securities Delivered</B></FONT></TD></TR>
  <TR>
    <TD STYLE="width: 76%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Species</B></FONT></TD>
    <TD STYLE="width: 24%; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Nominal values</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Argentine Treasury Bill in pesos adjusted by CER at discount. Maturity June 16, 2023 (LECER X16J3)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;<B>2,159,998,000</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Argentine Treasury Bill in pesos adjusted by CER at discount. Maturity July 18, 2023 (LECER X18L3) </FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;<B>35,863,500,000</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Argentine Treasury Bonds in pesos adjusted by CER 1.45%. Maturity August 13, 2023 (T2X3)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;<B>3,622,490,577</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt/120% BBVA Benton Sans Book; margin: 0 0 0 49.65pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="2" STYLE="border: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Received Securities</B></FONT></TD></TR>
  <TR>
    <TD STYLE="width: 75%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Species</B></FONT></TD>
    <TD STYLE="width: 25%; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Nominal values</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Argentine Treasury Bond in pesos adjusted by CER 4.25%. Maturity December 13, 2024 (T5X4P)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;<B>71,442,000,014</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt/120% BBVA Benton Sans Book; margin: 0 0 0 49.65pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/11.2pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">In addition, the Bank purchased put options
from the BCRA. These options grant the Bank an opportunity to sell (put option) the underlying asset at a price determined by BCRA applicable
regulations. In this transaction, options may be exercised up to the day prior to the maturity date of the underlying asset. On July 18,
2024, the Bank undertook the bidding process for terminating the liquidity options related to government securities issued by the BCRA
(Central Bank of Argentina) and existing in the Bank&#8217;s portfolio (Communiqu&eacute;s &#8220;B&#8221; 12,847 and &#8220;A&#8221;
7,546). As a result of such process, put options for a face value of 546,974,473,392 were delivered.</P>

<P STYLE="font: 10pt/11.2pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->50<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B><U>Debt Swap &#8211; August
2024</U></B></P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">In August 2024, the Bank launched a new voluntary
debt swap under Section 11, Presidential Decree No. 331/2022 issued by the Ministry of Economy. The securities delivered/received under
such swap were as follows:</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="2" STYLE="border: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Securities Delivered</B></FONT></TD></TR>
  <TR>
    <TD STYLE="width: 81%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Species</B></FONT></TD>
    <TD STYLE="width: 19%; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Nominal values</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Treasury Bonds in pesos adjusted by Cer 4.25%. Maturity February 14, 2025 (T2X5)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>&#9;4,730,000,000</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Treasury Bonds in pesos adjusted by Cer 4%. Maturity October 14, 2024 (T4X4)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>&#9;14,420,000,000</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="2" STYLE="border: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Securities Received</B></FONT></TD></TR>
  <TR>
    <TD STYLE="width: 81%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Species</B></FONT></TD>
    <TD STYLE="width: 19%; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Nominal values</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Argentine Treasury Bills capitalizable in pesos. Maturity March 31, 2025 (LT S31M5)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>&#9;21,939,229,119</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Argentine Treasury Bonds in pesos adjusted by CER. Maturity December 15, 2025 (TZXD5)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>&#9;56,422,237,648</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B><U>Debt Swap &#8211; January
2025</U></B></P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">In January 2025, the Bank launched a new
voluntary debt swap under Section 2, Presidential Decree No. 846/2024 issued by the Ministry of Economy. The securities delivered/received
under such swap were as follows:</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="2" STYLE="border: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Securities Delivered</B></FONT></TD></TR>
  <TR>
    <TD STYLE="width: 81%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Species</B></FONT></TD>
    <TD STYLE="width: 19%; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Nominal values</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Treasury Bonds in pesos adjusted by Cer 4.25%. Maturity February 14, 2025 (T2X5)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>&#9;13,857,176,685</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Argentine Treasury Bills capitalizable in pesos. Maturity May 30, 2025 (LT S30Y5)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>&#9;26,690,835,200</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Argentine Treasury Bills capitalizable in pesos. Maturity July 18, 2025 (LT S18J5)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>&#9;50,000,000,000</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Argentine Treasury Bills capitalizable in pesos. Maturity July 30, 2025 (LT S30J5)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>&#9;25,112,610,000</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Argentine Treasury Bonds in pesos Zero Coupon adjusted by Cer. Maturity June 30, 2025 (TZX25)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>&#9;3,000,000,000</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Argentine Treasury Bills capitalizable in pesos. Maturity August 29, 2025 (LT S29G5)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>&#9;25,000,000,000</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Argentine Treasury Bills capitalizable in pesos. Maturity July 31, 2025 (LT S31L5)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>&#9;175,850,000,000</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Argentine Treasury Bills capitalizable in pesos. Maturity September 12, 2025 (LT S12S5)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>&#9;25,000,000,000</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Argentine Treasury Bills capitalizable in pesos. Maturity September 30, 2025 (LT S30S5)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>&#9;50,000,000,000</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Argentine Treasury Bonds capitalizable in pesos. Maturity October 17, 2025 (T17O5)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>&#9;100,000,000,000</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Argentine Treasury Bills capitalizable in pesos. Maturity May 16, 2025 (LT S16Y5)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>&#9;19,387,383,700</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="2" STYLE="border: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Securities Received</B></FONT></TD></TR>
  <TR>
    <TD STYLE="width: 81%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 10.6pt; padding-left: 10.6pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Species</B></FONT></TD>
    <TD STYLE="width: 19%; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Nominal values</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Argentine Treasury Bills capitalizable in pesos. Maturity November 10, 2025 (LT S10N5)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>&#9;91,130,891,038</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Argentine Treasury Bonds in pesos at dual rate. Maturity March 16, 2026 (TTM26)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>&#9;163,702,463,045</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Argentine Treasury Bonds in pesos at dual rate. Maturity June 30, 2026 (TTJ26)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>&#9;163,702,463,045</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Argentine Treasury Bonds in pesos at dual rate. Maturity September 15, 2026 (TTS26)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>&#9;163,702,463,045</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Argentine Treasury Bonds in pesos at dual rate. Maturity December 15, 2026 (TTD26)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>&#9;163,702,463,038</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>&nbsp;</B></P>


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<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B><U>Debt Swap &#8211; February
2025</U></B></P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">In February 2025, the Bank launched a new
voluntary debt swap under Section 2, Presidential Decree No. 846/2024 issued by the Ministry of Economy. The securities delivered/received
under such swap were as follows:</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="2" STYLE="border: black 1pt solid; padding-right: 10.6pt; padding-left: 10.6pt; text-align: center; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Securities Delivered</B></FONT></TD></TR>
  <TR>
    <TD STYLE="width: 81%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Species</B></FONT></TD>
    <TD STYLE="width: 19%; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Nominal values</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Argentine Treasury Bills capitalizable in pesos. Maturity March 31, 2025 (LT S31M5)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>&#9;42,927,187,195</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="2" STYLE="border: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Securities Received</B></FONT></TD></TR>
  <TR>
    <TD STYLE="width: 81%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Species</B></FONT></TD>
    <TD STYLE="width: 19%; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Nominal values</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Argentine Treasury Bills capitalizable in pesos. Maturity November 10, 2025 (LT S10N5)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>&#9;64,312,653,526</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 8pt/120% BBVA Benton Sans Book; margin: 0 0 0 49.65pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0 0 0 49.65pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #072146"><B>10. Financial assets
pledged as collateral</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 58%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 18%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 17%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">BCRA - Special guarantee accounts (Note 47.1) </FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(1)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">211,771,973</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">211,069,288</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Deposits as collateral </FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(2)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">126,165,268</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">60,895,709</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Guarantee trust - Government securities at fair value through OCI</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(3)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">125,000,331</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">284,391,744</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Guarantee trust - USD - Government and Private Securities at fair value through OCI</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(4)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">30,406</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">13,386,266</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>462,967,978</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>569,743,007</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7pt/7.85pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 7.05pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book">(1)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book">Special guarantee current accounts opened at the BCRA
for transactions related to the automated clearing houses and other similar entities.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7pt/7.85pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 7.05pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book">(2)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book">Deposits pledged as collateral for activities related
to credit card transactions in the country and abroad and leases.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7pt/7.85pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 7.05pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book">(3)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book">Set up as collateral to operate with Rosario Futuros
Exchange (ROFEX), Bolsas y Mercados Argentinos S.A. (BYMA) and Mercado Abierto Electr&oacute;nico S.A. (MAE) on foreign currency forward
transactions and futures contracts. The trust is composed of Treasury Bonds in pesos adjusted by Cer due 2025 and 2026 (Species T2X5,
TX26 and TZXD5). As of December 31, 2023, the trust was composed of species T2X4, T2X5 and TX26.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7pt/7.85pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 7.05pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book">(4)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book">The trust is composed of dollars in cash. As of December
31, 2023, the trust was composed of dollars in cash, Treasury Bonds (TV24D) and Private Securities (LUC40, PQCOO and PQCHO).</FONT></TD></TR></TABLE>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #072146"><B>11. Income tax</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">This tax should be booked using the balance
sheet liability method, recognizing (as credit or debt) the tax effect of temporary differences between the accounting valuation and the
tax valuation of assets and liabilities, and its subsequent allocation to income or loss for the year in which its reversion occurs, also
considering the possibility of taking advantage of tax losses in the future.</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->52<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #004481"><B>11.1. Current income
tax assets</B></P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; width: 16%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; width: 16%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Tax advances </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45,438,057</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;&nbsp;&nbsp;&nbsp;349,167</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;45,438,057</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>349,167</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; color: #004481"><B>11.2. Current income tax liabilities</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 12pt 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Income tax provision</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">17,135,128</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">426,610,954</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Tax advances</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(2,573,657)</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(7,392,376)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Collections and withholdings</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(787,449)</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(750,788)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>13,774,022</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>418,467,790</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify; text-indent: 28.35pt">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->53<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #004481"><B>11.3. Deferred income
tax</B></P>

<P STYLE="font: 10pt/10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt">The composition and evolution of deferred income tax assets and
liabilities is as follows:</P>

<P STYLE="font: 10pt/10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Account</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Changes recognized in</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>As of 12.31.23</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Profit or loss</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>OCI</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Deferred tax asset</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Deferred tax liability</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 39%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 11%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Allowance for loan losses</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;29,964,089&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;16,082,845&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;-&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;46,046,934&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;-&#9;</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Provisions</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;77,535,032&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;(21,493,729)&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;-&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;56,041,303&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;-&#9;</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Loans and cards commissions </FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;7,861,284&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;5,065,392&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;-&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;12,926,676&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;-&#9;</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Organizational expenses and others</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;(36,907,330)&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;(7,620,053)&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;-&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;-&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;(44,527,383)&#9;</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Property and equipment and miscellaneous assets</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;(90,911,885)&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;9,906,978&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;-&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;-&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;(81,004,907)&#9;</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Debt securities and investments in equity instruments</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;(37,853,293)&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;21,733,179&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;1,521,923&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;-&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;(14,598,191)&#9;</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Tax inflation adjustment</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;2,776,485&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;(2,709,258)&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;-&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;67,227&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;-&#9;</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Tax losses</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;2,740,908&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;47,657,466&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;-&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;50,398,374&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;-&#9;</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Other</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;113&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;(61)&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;-&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;52&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;-&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Balance</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>&#9;(44,794,597)</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>&#9;68,622,759&#9;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>&#9;1,521,923&#9;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>&#9;165,480,566&#9;</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>&#9;(140,130,481)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Offsettings</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>&#9;(140,130,481)</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>&#9;140,130,481&#9;</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Net Deferred Assets</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>&#9;25,350,085&#9;</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>&#9;-&#9;</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 14.15pt">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 14.15pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Account</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Changes recognized in</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>As of 12.31.23</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>As of 12.31.22</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Profit or loss</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>OCI</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Deferred tax asset</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Deferred tax liability</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 40%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 11%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 13%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 11%">&nbsp;</TD>
    <TD STYLE="width: 11%">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Allowance for loan losses</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;34,125,731&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;(4,161,642)&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;-&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;29,964,089&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;-&#9;</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Provisions</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;85,541,940&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;(8,006,908)&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;-&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;77,535,032&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;-&#9;</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Loans and cards commissions </FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;8,280,148&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;(418,864)&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;-&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;7,861,284&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;-&#9;</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Organizational expenses and others</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;(33,046,196)&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;(3,861,134)&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;-&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;-&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;(36,907,330)&#9;</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Property and equipment and miscellaneous assets</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;(88,236,354)&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;(2,675,531)&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;-&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;-&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;(90,911,885)&#9;</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Debt securities and investments in equity instruments</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;(64,567,698)&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;247,590,521&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;(220,876,116)&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;-&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;(37,853,293)&#9;</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Tax inflation adjustment</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;17,401,198&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;(14,624,713)&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;-&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;2,776,485&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;-&#9;</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Tax losses</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;5,432,264&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;(2,691,356)&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;-&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;2,740,908&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;-&#9;</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Other</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;292&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;(179)&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;-&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;113&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#9;-&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Balance</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>&#9;(35,068,675)</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>&#9;211,150,194&#9;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>&#9;(220,876,116)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>&#9;120,877,911&#9;</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>&#9;(165,672,508)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Offsettings</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>&#9;(114,680,791)</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>&#9;114,680,791&#9;</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Balance</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>&#9;6,197,120&#9;</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>&#9;(50,991,717)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">In the consolidated financial statements,
the (current and deferred) income tax assets of a Group entity will not be offset with the (current and deferred) income tax liabilities
of another Group entity because they are related to income tax amounts borne by different taxpayers and also because they do not have
legal rights before tax authorities to pay or receive any amounts to settle the net position.</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->54<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #004481"><B>11.4. Income tax</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify; color: #004481"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Below are the main components of the income
tax expense:</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 56%">&nbsp;</TD>
    <TD STYLE="width: 21%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 3%">&nbsp;</TD>
    <TD STYLE="width: 20%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Current income tax expense</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;(155,446,102)&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;(509,675,772)&#9;</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Income/(loss) from deferred income tax</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;68,622,759&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;211,150,396&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>Income tax recognized through profit or loss</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;(86,823,343)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;(298,525,376)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>Income tax recognized through OCI</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>&#9;173,711,328&#9;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>&#9;(220,876,116)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Total income tax</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;86,887,985&#9;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;(519,401,492)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 49.65pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The Group's effective tax rate calculated
on the income tax recognized in the income statement for the fiscal year ended December 31, 2024 and 2023 was 20% and 45%, respectively.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The income tax expense for the fiscal year
ended December 31, 2023 includes recoveries from judgments for fiscal years 2013 and 2014, as stated under &#8220;Requests for refund.
Fiscal years 2013, 2014 and 2015&#8221;.</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Below is a reconciliation between the tax
that would result from applying the current tax rate on income before income tax and the income tax expense recognized in profit or loss
as of December 31, 2024, comparative with the previous year:</P>

<P STYLE="font: 12pt/115% BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 61%">&nbsp;</TD>
    <TD STYLE="width: 4%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Income before income tax</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">444,475,996</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">657,701,345</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Income tax rate</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">35 %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">35 %</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>Tax on taxable income</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>155,566,599</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>230,195,471</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Permanent differences:</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Non-taxable income</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(5,046,526)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(4,035,065)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Non-income tax deductible expenses</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,393,524</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">5,540,479</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Effect of tax rate change</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">67,800</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(84,226)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Accounting inflation adjustment</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">699,688,566</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">878,801,458</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Tax inflation adjustment</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(773,960,520)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(779,398,423)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">8,113,900</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(32,494,318)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Income tax expense</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>86,823,343</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>298,525,376</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/115% BBVA Benton Sans Book; margin: 0">&nbsp;</P>


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<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; color: #004481"><B>11.5. Inflation adjustment for tax purposes</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #004481"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Law No. 27,430 of Tax Reform, as amended
by Laws 27,468 and 27,541, sets forth the following as regards the inflation adjustment for tax purposes, effective for fiscal years started
on or after January 1, 2018:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.5pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">i.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Such adjustment will be applicable in
the tax year in which the percentage variation of the general consumer price index at national level (CPI) exceeds 100% in the thirty-six
months prior to the end of the reporting fiscal year;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 70.85pt; text-align: justify; text-indent: -7.05pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.5pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">ii.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Regarding the first, second and third
fiscal years as from January 1, 2018, the procedure will be applicable in the event that the variation of such index, calculated from
the beginning and until the closing of each of those fiscal years, exceeds 55%, 30% and 15% for the first, second and third years of application,
respectively; </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 70.85pt; text-align: justify; text-indent: -7.05pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.5pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">iii.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">The effect of the positive or negative
inflation adjustment for tax purposes, as the case may be, corresponding to the first, second and third fiscal years started on or after
January 1, 2018, is charged one third in that tax period and the remaining two thirds, in equal parts, in the two immediately following
tax periods;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 70.85pt; text-align: justify; text-indent: -7.05pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.5pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">iv.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">The effect of the positive or negative
inflation adjustment corresponding to the first and second tax years starting on or after January 1, 2019, is charged one-sixth in the
tax year in which the adjustment is determined and the remaining five-sixths in the immediately following tax periods; and</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 70.85pt; text-align: justify; text-indent: -7.05pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.5pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">v.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">For tax years beginning on or after
January 1, 2021, 100% of the adjustment may be deducted in the year in which it is determined.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">As of December 31, 2024, the parameters established
by the income tax law to apply the inflation adjustment for tax purposes are met and the effects arising from the application of such
adjustment as provided by law have been included when booking current and deferred income tax.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #004481"><B>11.6. Income tax corporate
rate:</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Law No. 27,630, enacted on June 16, 2021
through Decree No. 387/2021, set forth for fiscal years starting on or after January 1, 2021, a tax rate scale scheme of 25%, 30% and
35% to be progressively applied according to the level of taxable net income accumulated as of each fiscal year end. In these financial
statements, the Entity and its subsidiaries have determined current income tax using the tax rate applicable to the total expected income
for the year, while deferred income tax balances were measured using the progressive tax rate that is expected to be in effect when the
temporary differences are reversed.</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #004481"><B>11.7. Other tax matters</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #004481"><B>-&#9;Inflation adjustment
for tax purposes. Fiscal years 2016, 2017 and 2018.</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">On May 10, 2017, May 10, 2018 and May 13,
2019, and based on related case law, the Entity&#8217;s Board of Directors approved the filing of actions for declaratory judgment of
unconstitutionality of section 39 of Law No. 24.073, section 4 of Law No. 25.561, section 5 of Decree No. 202-14 issued by the Argentine
Executive, Law No. 27.468 and any other regulation whereby the inflation adjustment mechanism provided for under Law No. 20.628, as amended,
is considered not applicable due to the confiscatory effect in the specific case, for fiscal years 2016, 2017 and 2018. Consequently,
the Entity filed its income tax returns for those fiscal years taking into consideration the effect of those restatement mechanisms.</P>

<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The net impact of this measure on nominal
values was an adjustment to the income tax assessed for the fiscal year ended December 31, 2016 in the amount of 1,185,800 (in nominal
values), for fiscal year ended December 31, 2017, in the amount of 1,021,519 (in nominal values), and for fiscal year ended December
31, 2018, in the amount of 3,239,760 (in nominal values).</P>
<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"></P>


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<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">On June 8, 2020, the Federal Court on Administrative
Matters (JCAF 12-23) ruled upon the action for declaratory judgment filed on May 12, 2017, upholding the complaint and thus declaring
that the prohibition to apply the inflation adjustment mechanism for the purposes of the income tax return filed by the Bank for fiscal
year 2016 is not applicable to the instant case.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The appeals filed against the judgment were
granted on August 6, 2020, and the case was submitted to the Appellate Court for consideration. On December 9, 2020, the Federal Appellate
Court on Administrative Matters (Courtroom II) dismissed the appeals, thus confirming the judgment rendered by the court of original jurisdiction.
The tax authority Administraci&oacute;n Federal de Ingresos P&uacute;blicos (&#8220;AFIP&#8221; or the &#8220;Tax Authority&#8221; or
the &#8220;National Tax Authority&#8221;) filed an extraordinary appeal against the judgment, but then withdrew it through a motion filed
on February 1, 2021. Accordingly, the judgment rendered by the Appellate Court in favor of the Bank&#8217;s interests became final.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">On June 14, 2021, the Court of First Instance
rendered judgment in respect of the action for declaratory judgment of unconstitutionality for fiscal year 2017 in favor of the Bank&#8217;s
position. After appealing the judgment to the Appellate Court, the Bank filed the basis for the appeal but on September 3, 2021 the tax
authority filed a brief withdrawing the appeal filed.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Finally, on May 10, 2022, the Appellate Court
considered that AFIP had withdrawn its appeal with respect to the judgment on the merits.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">On October 5, 2022, the Federal Contentious
Administrative Trial Court No. 2 issued a favorable decision on the unconstitutionality action filed with respect to the regulations banning
the application of title VI of the adjustment for inflation in the 2018 income tax return. Said judgement was appealed by both parties.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">On July 11, 2023, the decision issued by
Room I of the Federal Court of Appeals in Contentious and Administrative Matters confirming the trial court decision in favor of the Bank
was notified. On August 8, 2023, AFIP filed an extraordinary appeal, which was partially granted.</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">On September 24, 2024, the Argentine Supreme
Court of Justice rendered judgment dismissing the extraordinary appeal filed by AFIP.</P>

<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Based on the foregoing, as of December 31,
2024, the Entity has no liabilities for the items referred to above.</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #004481"><B>-&#9;Request for refund.
Fiscal year 2019</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0pt 0pt 0pt 28.35pt; text-align: justify; text-indent: 0pt">As concerns fiscal year
2019, the Entity assessed its income tax liability applying the inflation adjustment for tax purposes according to the terms of the Public
Emergency Law, which maintains the inflation adjustment mechanism set out under Title VI of the Income Tax Law. Nevertheless, one sixth
of the resulting inflation adjustment amount should be recognized during that fiscal year, with the remaining five sixths being computed,
in equal parts, over the five immediately following fiscal years. Such deferral has been recognized as a deferred tax asset.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">On August 21, 2020, the Bank filed a request
for refund at the administrative stage pursuant to the provisions of the first paragraph of section 81 of Law No. 11683 (as compiled in
1998 and as amended) to recover the amount of 4,528,453 (in nominal values).</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Upon no response from the tax authorities,
on June 17, 2021 the Entity filed a motion for expedited proceedings and on November 18, 2021 a legal action was filed before National
Court on Federal Administrative Matters No. 10 (Court Clerk&#8217;s Office No. 24).</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Pursuant to the financial reporting framework
set forth by the BCRA, the Entity does not record assets in relation to requests for refund filed.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #004481"><B>-&#9;Inflation adjustment
for tax purposes. Fiscal year 2020</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">In relation to fiscal year 2020, the Entity
determined the income tax as of December 31, 2020 by applying the inflation adjustment for tax purposes in accordance with the provisions
of the Public Emergency Law.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">On May 26, 2021, and based on related case
law, the Entity&#8217;s Board of Directors approved the filing of an action against AFIP for declaratory judgment of unconstitutionality
of section 194 of the Income Tax Law (as compiled in 2019) and/or of such rules that prohibit the full application of the inflation adjustment
for tax purposes, on the grounds that they would lead to the assessment of a confiscatory income tax liability for fiscal year 2020; therefore
allowing the full application of the mechanism set forth in section 106, paragraphs a) through e), Title VI of the Income Tax Law in that
fiscal year.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Consequently, as of December 31, 2021, the
Entity accounted for an adjustment in nominal values to the income tax liability assessed for the fiscal year ended December 31, 2020
in the amount of 5,817,000 (113,217,279 in restated values), with the ensuing impact on deferred tax assets by 5,033,000 (decrease) (100,351,307
in restated values) and on the income tax expense of 784,000 (12,865,981 in restated values).</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/14.4pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">On August 15, 2023, a trial court decision
sustaining the claim filed by the Bank was issued. On August 22, 2023, the Bank filed an appeal against the imposition of legal costs,
requiring that they be imposed on the losing party. On August 23, 2023, AFIP appealed the merits of the case, requiring the revocation
of the judgment.</P>

<P STYLE="font: 10pt/14.4pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/14.4pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">On July 1, 2024, the Court rejected the
AFIP&#8217;s claims on the merits and resolved to impose court costs on AFIP in both instances. AFIP filed an extraordinary appeal against
the favorable judgment for the Bank.</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: teal">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #004481"><B>-&#9;Request for refund.
Fiscal year 2021</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">On June 30, 2022, the Bank filed a prior
administrative claim before the AFIP in order to obtain the recognition of the corrective tax return in less filed on June 30, 2022 with
respect to the Income Tax for the 2021 tax year for 309,000 (in nominal values), on the grounds that the partial application of the correction
mechanisms of the inflation adjustment under the provisions of Section 93 of the Income Tax Law is unconstitutional, since it affects
the principle of reasonableness, equality, contributive capacity and confiscatory nature.</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">On June 6, 2023, a prompt resolution was
requested. In view of the AFIP's silence, on September 20, 2023, a claim was filed before the Federal Court on Contentious Administrative
Matters No. 1, Clerks&#8217; Office No. 1.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #004481"><B>-&#9;Inflation adjustment
for tax purposes. Fiscal year 2022</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">On June 2, 2023, the Bank filed an unconstitutionality
action against the AFIP to obtain a ruling declaring the unconstitutionality of section 93 of Income Tax Law (as revised in 2019) or other
regulations preventing the comprehensive application of the tax adjustment for inflation, as it leads to a confiscatory income tax assessment
for 2022 and, consequently, allows for the comprehensive adoption of the cost and amortization adjustment method provided for by sections
62 through 66, 71, 87 and 88 of Income Tax Law. The action is pending before the Federal Court on Contentious Administrative Matters No.
9.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The file is currently in the discovery stage.</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 59 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->58<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #004481"><B>-&#9;Request for refund.
Fiscal year 2023</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">On September 13, 2024, the Bank filed an
administrative claim with the AFIP requesting that the amending tax return filed on May 13, 2024, in connection with income tax for the
2023 tax year amounting to 2,491,499 (in nominal terms) be recognized. The claim was grounded on the fact that the partial application
of the adjustment for inflation mechanisms under section 93, Income Tax Law, is unconstitutional because it affects the fairness, equality,
tax-paying capacity and confiscation principles.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #004481"><B>-&#9;Requests for refund.
Fiscal years 2013, 2014 and 2015</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Regarding fiscal years 2013, 2014 and 2015,
the Entity assessed income tax without applying the inflation adjustment for tax purposes, consequently a higher tax was paid in the amounts
of 264,257, 647,945 and 555,002, respectively, in nominal values, based on grounds similar to those stated in the first paragraph &#8220;Inflation
Adjustment for Tax Purposes. Fiscal Years 2016, 2017 and 2018&#8221;.</P>

<P STYLE="font: 10pt/115% BBVA Benton Sans Book; margin: 6pt 0 0 24.5pt; text-align: justify">In the judicial case of the repetition corresponding
to the fiscal period 2013, on August 7, 2023, the entity was notified of the judgment issued by the Supreme Court of Justice, by which
the extraordinary appeal and the complaint filed by the Treasury were rejected, leaving firm the favorable judgments of the previous instances
that recognized the Bank the repetition of 264,257 (in nominal values) for said period plus interest.</P>

<P STYLE="font: 10pt/115% BBVA Benton Sans Book; margin: 6pt 0 0 24.5pt; text-align: justify">Once the presented liquidation was approved
and the corresponding procedures were completed, on December 27, 2023, the AFIP deposited in a bank account of the Entity the sum of 1,037,484
(in nominal values), corresponding to 264,257 (in nominal values) in the concept of capital and 773,227 (in nominal values) in the concept
of updating capital and interest.</P>

<P STYLE="font: 10pt/115% BBVA Benton Sans Book; margin: 6pt 0 0 24.5pt; text-align: justify">In the judicial case of the repetition corresponding
to the fiscal period 2014, on July 12, 2023, the Entity was notified of the judgment issued by the Supreme Court of Justice, by which
the extraordinary appeal and the complaint filed by the Treasury were rejected. In this way, the favorable judgments of the previous instances
that recognized the Bank the repetition of 647,946 (in nominal values) for said period plus interest until effective payment become final.</P>

<P STYLE="font: 10pt/115% BBVA Benton Sans Book; margin: 6pt 0 0 24.5pt; text-align: justify">Then, on November 19, 2024, the Court approved
the liquidation of 647,945 (in nominal values) plus 2,226,229 (in nominal values) corresponding to accrued interest from the filing of
the request for repetition until September 23, 2024 (in nominal values) calculated according to the average monthly passive rate published
by the BCRA and as of July 17, 2019, the effective monthly rate published by the AFIP applies, in compliance with Resolution MH 598/19,
559/2022 and 3/2024. Without prejudice to the interest that will continue to accrue until the payment date.</P>

<P STYLE="font: 10pt/115% BBVA Benton Sans Book; margin: 6pt 0 0 24.5pt; text-align: justify">As a result of the abovementioned favorable
decisions by the Argentine Supreme Court of Justice and the collection of one of such cases, the Bank booked a receivable of 2,898,298
restated as of December 31, 2024.</P>

<P STYLE="font: 10pt/115% BBVA Benton Sans Book; margin: 6pt 0 0 24.5pt; text-align: justify">In turn, on April 4, 2017, a request for
refund was filed in relation to the higher amount of tax paid for fiscal year 2015. Likewise, on December 29, 2017, the related judicial
action was filed for this fiscal year.</P>

<P STYLE="font: 10pt/115% BBVA Benton Sans Book; margin: 6pt 0 0 24.5pt; text-align: justify">On June 28, 2022, the Federal Appellate
Court on Administrative Matters (Courtroom VII) rendered judgment in favor of the Bank as regards the recovery of the income tax for tax
period 2015 and AFIP appealed such judgment.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 6pt 0 0 24.5pt; text-align: justify">On October 25, 2023, the Appellate Court
rendered favorable judgment in the case relating to the request for refund of the Income Tax due to the application of the tax inflation
adjustment in 2015, confirming the first instance judgment.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 6pt 0 0 24.5pt; text-align: justify">The AFIP and the Entity filed extraordinary
appeals.</P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 6pt 0 0 24.5pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 6pt 0 0 24.5pt; text-align: justify">On October 25, 2024, through Presidential
Decree No. 953/2024, the Federal Executive established that the AFIP be dissolved and the ARCA (Revenue and Customs Control Agency) be
created.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 60 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->59<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #072146"><B>12. Investments in equity
instruments</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #004481"><B>12.1. Investments in
equity instruments through profit or loss</B></P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 9pt/9pt BBVA Benton Sans Book; margin: 0; text-align: justify">Private securities - Shares of other non-controlled companies</P>
    <P STYLE="font: 12pt/9pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;8,155,134&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;7,024,887&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;8,155,134&#9;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;7,024,887&#9;</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="width: 67%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 15%">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #004481"><B>12.2. Investments in
equity instruments through other comprehensive income</B></P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Compensadora Electr&oacute;nica S.A.</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,436,994</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,941,974</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Mercado Abierto Electr&oacute;nico S.A.</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,011,785</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,114,544</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Banco Latinoamericano de Exportaciones S.A.</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">735,975</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">880,780</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Seguro de Dep&oacute;sitos S.A.</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">268,270</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">314,132</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">49,549</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">71,147</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>4,502,573</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>4,322,577</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>13. Investments in associates</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Rombo Compa&ntilde;&iacute;a Financiera S.A.&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">10,358,064</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">6,701,552</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">BBVA Seguros Argentina S.A.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">7,416,514</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">10,256,766</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Interbanking S.A.</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">3,375,717</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">4,595,583</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Play Digital S.A.(1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,930,078</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">4,252,970</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Openpay Argentina S.A.(2)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">737,620</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,122,176</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>23,817,993</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>26,929,047</B></FONT></TD></TR>
  </TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><SUP>(1)</SUP></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">To establish the value of this investment,
accounting information from Play Digital S.A. has been used as of September 30, 2024. Additionally, significant transactions carried out
or events that occurred between October 1, 2024 and December&nbsp;31, 2024 have been considered. In addition, on February 27, 2023 and
October 18, 2023, capital contributions were made in the amount of 396,030 (2,375,465 in restated values) and 600,969 (1,852,294 in restated
values), respectively. Besides, on August 23, 2024, a new capital contribution was made for 427,401 (477,730 in restated values). </FONT></TD></TR></TABLE>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0 0 0 49.6pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><SUP>(2)</SUP></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">On April 19, 2023, the amount of 29,205
(150,081 in restated values) in shares were subscribed for and paid in cash. It is worth mentioning that on July 4, 2024, a new capital
contribution was made, amounting to 250,377 (291,537 in restated values), which was also paid in in cash.</FONT></TD></TR></TABLE>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0 0 0 49.6pt; text-align: justify"><SUP>&nbsp;</SUP></P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify"><SUP>&nbsp;</SUP></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify"><SUP>&nbsp;</SUP></P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->60<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #072146"><B>14. Property and equipment</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Real estate </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">436,423,792</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">484,540,109</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Furniture and facilities</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">82,711,872</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">83,491,519</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Right of use &#8211; Real Estate</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">57,029,285</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">53,004,486</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Machinery and equipment</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">48,444,939</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">17,173,215</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Works in progress</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">19,862,736</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">8,884,230</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Vehicles </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,074,744</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,313,650</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>646,547,368</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>649,407,209</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The breakdown of lease assets and liabilities
as well as interest and foreign exchange differences recognized in profit or loss is disclosed in Note 25 to these consolidated financial
statements.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">As mentioned in note 2.3.12 as of December
31, 2024, the recoverable value of Property and equipment exceeds its accounting balance.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">As of December 31, 2023, the impairment of
certain assets carried under &#8220;Property and equipment&#8221; was recognized for 4,576,625.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The changes in this item for the years 2024
and 2023 are reported in Exhibit &#8220;F&#8221;.</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #072146"><B>15. Intangible assets</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Own systems development expenses</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;69,228,950&#9;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;72,161,118&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;69,228,950&#9;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;72,161,118&#9;</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The changes in this item for the years 2024
and 2023 are reported in Exhibit &#8220;G&#8221;.</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->61<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #072146"><B>16. Other non-financial
assets</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Investment properties</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;133,263,322&#9;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;130,990,523&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Prepayments</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;28,129,030&#9;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;26,852,512&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Advances to suppliers of goods</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;17,336,437&#9;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;14,377,596&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Tax advances</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;15,172,745&#9;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;16,439,668&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other miscellaneous assets</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;13,619,468&#9;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;2,501,553&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Advances to personnel </FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;10,976,759&#9;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;18,525,667&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Foreclosed assets</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;162,765&#9;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;172,123&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;2,787,333&#9;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;17,146,132&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;221,447,859&#9;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;227,005,774&#9;</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Investment properties include pieces of real
estate leased to third parties. The average term of lease agreements is 6 years. Subsequent renewals are negotiated with the lessee. The
Group has classified these leases as operating leases, since these arrangements do not substantially transfer all risks and benefits inherent
to the ownership of the assets. The rental income is recognized under &#8220;Other operating income&#8221; on a straight-line basis during
the term of the lease.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">As mentioned in note 2.3.12 as of December
31, 2024 and 2023, the recoverable value of Investment properties does not exceed its accounting balance considering the impairment recorded
as of such dates in the properties detailed below:</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>Account</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding-top: 2.15pt; padding-bottom: 1pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>Impairment</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 60%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 19%; border-bottom: black 1pt solid; padding-top: 1.15pt; padding-bottom: 1pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.2024</B></FONT></TD>
    <TD STYLE="width: 1%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 19%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 1.15pt; padding-bottom: 1pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.2023</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Real Estate &#8211; Torre BBVA</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.15pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;(16,683,862)&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.15pt; padding-bottom: 1pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.15pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;-&#9;</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Real Estate &#8211; Della Paolera</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.15pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;(10,877,934)&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.15pt; padding-bottom: 1pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.15pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;-&#9;</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Real Estate &#8211; Edificio Tesla</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.15pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;(8,605,852)&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.15pt; padding-bottom: 1pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.15pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;-&#9;</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Real Estate - Viamonte</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.15pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;(1,487,587)&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.15pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;(518,959)&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;(37,655,235)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;(518,959)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The changes in investment property for the
years 2024 and 2023 are reported in Exhibit &#8220;F&#8221;.</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->62<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #072146"><B>17. Non-current assets
held for sale</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">It includes pieces of real estate located
in the Argentine Republic, which the Bank&#8217;s Board of Directors agreed to sell in the short term.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 62%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 18%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 18%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Real Estate held for sale &#8211; Villa del Parque</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;1,509,906&#9;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;-&#9;</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Real Estate held for sale &#8211; Llavallol</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;829,952&#9;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;-&#9;</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Real Estate held for sale- Fisherton </FONT><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;590,642&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;1,041,944&#9;</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Real Estate held for sale &#8211; Avellaneda</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;344,844&#9;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;-&#9;</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Real Estate held for sale- Villa Lynch</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;272,859&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;272,859&#9;</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Real Estate held for sale- Bernal</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;201,437&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;201,437&#9;</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Real Estate held for sale- Mendoza</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;-&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;339,523&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;3,749,640&#9;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;1,855,763&#9;</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 8pt/10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt"><SUP>(1)</SUP> On January 13, 2025, the real estate held for sale
&#8211; Fisherton was sold. See Note 54 &#8211; Subsequent events.</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">As mentioned in note 2.3.12 as of December
31, 2024 and 2023, the recoverable value of non-current assets held for sale does not exceed its accounting balance considering the impairment
recorded as of such dates detailed below:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>Account</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>Impairment</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 64%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 17%; border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.2024</B></FONT></TD>
    <TD STYLE="width: 1%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 17%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.2023</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Real Estate held for sale- Fisherton</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;(990,686)&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;(539,384)&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;(990,686)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;(539,384)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->63<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; color: #072146"><B>18. Deposits</B></P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt">&nbsp;</P>

<P STYLE="font: 10pt/10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt">The information on concentration of deposits is disclosed in Exhibit
H. Breakdown is as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Non-financial Government sector</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">120,614,473</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">74,112,350</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Financial Sector</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">4,327,184</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">5,603,327</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Non-financial Private Sector and Residents Abroad</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">9,804,737,468</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">7,845,338,558</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Savings accounts</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">4,568,620,629</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">3,745,858,253</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Time deposits</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">3,096,287,478</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,654,828,856</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Checking accounts</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,781,297,285</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,989,615,392</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investment accounts</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">303,754,063</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">396,604,568</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">54,778,013</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">58,431,489</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>9,929,679,125</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>7,925,054,235</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify; color: #072146"><B>19. Liabilities at fair
value through profit or loss</B></P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/11.2pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Liabilities for transactions with government securities</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;-&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;22,495,621&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;-&#9;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;22,495,621&#9;</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>20. Other financial liabilities</B></P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Obligations from financing of purchases</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">907,432,486</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">612,362,960</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Collections and other transactions on behalf of third parties </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">103,696,454</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">88,853,549</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Lease liabilities (Note 25)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">32,398,779</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">51,193,475</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Cash and cash equivalents for spot purchases or sales pending settlement</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">30,361,873</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">741,090</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Payment orders pending credit</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">29,455,350</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">31,141,331</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Funds collected under ARCA&#8217;s instructions </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">19,127,288</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">160,877,424</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Receivables for spot purchases pending settlement</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">8,942,092</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,673,811</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Commissions accrued payable</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">170,833</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">27,987</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">63,754,055</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">29,268,298</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>1,195,339,210</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>976,139,925</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->64<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>21. Financing received
from the BCRA and other financial institutions</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 21.3pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Local financial institutions</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">156,920,724</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">55,330,406</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Foreign financial institutions</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">43,776,917</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">5,818,767</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">BCRA</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">232,917</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">238,074</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>200,930,558</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>61,387,247</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; color: #072146"><B>22. Corporate bonds issued</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">As of December 31, 2024 and December 31,
2023, the balances related to corporate bonds of the Bank and its subsidiaries were as follows:</P>

<P STYLE="font: 9pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 11%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #002060"><B>Detail</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 11%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #002060"><B>Issuance date</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 11%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #002060"><B>Nominal value</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #002060"><B>Maturity</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 19%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #002060"><B>Rate</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #002060"><B>Payment of interest</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 11%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #002060"><B>Outstanding securities as of 12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 11%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #002060"><B>Outstanding securities as of 12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Class 29 BBVA</FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">09.23.2024</FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">&#9;24,500,000</FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">06.23.2025</FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">BADLAR + 5 %</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Quarterly</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">&#9;24,500,000</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Class 30 BBVA</FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">12.12.2024</FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">&#9;15,088,235</FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">09.12.2025</FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">FIXED TEM 2.75 %</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Upon maturity</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">&#9;15,088,235</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Class 31 BBVA</FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">12.12.2024</FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">&#9;37,706,733</FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">12.12.2025</FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">TAMAR + 2.74 %</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Quarterly</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">&#9;37,706,733</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">&#9;-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Class 10 Volkswagen Financial Services</FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">10.12.2023</FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">&#9;10,000,000</FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">10.12.2024</FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">BADLAR + 4.5 %</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Quarterly</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">&#9;-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">&#9;21,776,275</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Class 11 Volkswagen Financial Services</FONT></TD>
    <TD ROWSPAN="2" STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">10.22.2024</FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">&#9;15,974,963</FONT></TD>
    <TD ROWSPAN="2" STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">10.22.2025</FONT></TD>
    <TD ROWSPAN="2" STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">BADLAR + 5.75 %</FONT></TD>
    <TD ROWSPAN="2" STYLE="padding-right: 1.5pt; padding-left: 1.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Quarterly</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">&#9;15,974,963</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">&#9;-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Corporate bond Series 29 PSA</FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">12.23.2024</FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">&#9;11,655,556</FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">09.23.2025</FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">FIXED TNA 36.72 %</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Upon maturity</FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">&#9;11,655,556</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">&#9;-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Corporate bond Series 30 PSA</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">12.23.2024</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">&#9;8,344,444</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">06.23.2026</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">TAMAR + 3.25 %</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Quarterly</FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">&#9;8,344,444</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">&#9;-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #002060"><B>Total Consolidated Principal</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #002060"><B>113,269,931</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #002060"><B>21,776,275</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #002060"><B>Consolidated Accrued Interest payable</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #002060"><B>2,628,659</B></FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #002060"><B>6,133,745</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #002060"><B>Total Consolidated Principal and Interest accrued</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #002060"><B>115,898,590</B></FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #002060"><B>27,910,020</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><U>Definitions</U></P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 8pt/9.6pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">BADLAR RATE: Interest rate for deposits over
1 (one) million pesos, for a term of 30 to 35 days.</P>

<P STYLE="font: 8pt/9.6pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">TAMAR RATE: Interest rate for deposits over
1 (one) billion, for a term of 30 to 35 days.</P>

<P STYLE="font: 8pt/9.6pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/10pt BBVA Benton Sans Book; margin: 0; text-align: justify">Below is a detail of current Corporate Bonds Global Program:</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 9%; border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>Company</B></FONT></TD>
    <TD STYLE="width: 9%; border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; text-indent: 7.1pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>Authorized amount</B></FONT></TD>
    <TD STYLE="width: 16%; border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>Type of Corporate Bond</B></FONT></TD>
    <TD STYLE="width: 10%; border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>Term</B></FONT></TD>
    <TD STYLE="width: 19%; border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>Shareholders&#8217; Meeting/Board of Directors&#8217; Approval Date</B></FONT></TD>
    <TD STYLE="width: 37%; border: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>CNV Approval</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Banco BBVA Argentina S.A.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">U$S 500,000 thousand or its equivalent</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Non-subordinated, simple corporate bonds not convertible into shares, secured, if permitted by current regulations, with floating and/or special guarantees, and/or subordinated, convertible or not into shares, secured.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">5 years</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Approval by Shareholders&#8217; Meetings dated July 15, 2003, April 26, 2007, March 28, 2008, March 30, 2011, March 26, 2013, April 9, 2013, and April 10, 2018. Approval by Board of Directors&#8217; Meetings dated August 31, 2004, December 7, 2004, September 24, 2008, September 23, 2009, December 22, 2009, June 24, 2022, December 20, 2022, and May 22, 2024.</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Resolution No. 14,967 dated November 29, 2004, and extended through Resolution No. 16,010 dated November 6, 2008. The increase in the program's total outstanding amount was authorized through Resolution No. 16,611 dated July 21, 2011, and through Resolution No. 16,826 dated May 30, 2012. In addition, a new program term extension was authorized through Resolution No, 17,127 dated July 11, 2013, and the amendment of its general terms and conditions, the extension of its term and the increase in its maximum amount were authorized through Resolution No. RESFC-2018-19516-APN-DIR#CNV dated May 17, 2018. Lastly, the extension of the program term, the reduction of the amount and the amendment of certain terms and conditions were authorized by CNV Resolution No. DI-2022-36-APN-GE#CNV dated July 13, 2022.</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Volkswagen Financial Services C&iacute;a. Financiera S.A.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">U$S 250,000 thousand or its equivalent</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Simple, not convertible into shares</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">5 years</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">09.26.24</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 8pt/7pt BBVA Benton Sans Book; margin: 0; text-align: justify">The creation of the program and the extension thereof were
    authorized by Resolution No. RESFC-2018-19549-APN-DIR#CNV dated June 14, 2018, and DI2023-38-APN-GE#CNV dated August 18, 2023, respectively,
    issued by the Board of Directors of the CNV.</P>
    <P STYLE="font: 12pt/7pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">PSA Finance Argentina Compa&ntilde;&iacute;a Financiera S.A. </FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Thousands of US$ 50,000 or its equivalent</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Simple, non-convertible into shares</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">5 years</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">09.26.23</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">On April 26, 2018, the ordinary and extraordinary general shareholders&#8217; meeting of PSA Finance Argentina Compa&ntilde;&iacute;a Financiera S.A. resolved to update and amend the terms and conditions of the Program in order to elect to place Corporate bonds denominated in index-linked and/or index-adjustable currency units, which was authorized by the CNV through Resolution No. RESFC-2018-19523- APN-DIR#CNV dated May 17, 2018. The extension of the Program for a term of 5 (five) years and the amendment to its terms and conditions were approved by the ordinary and extraordinary shareholders&#8217; meeting held on April 20, 2023. The following amendments to the terms of the Program were approved by the board meeting held on September 26, 2023. The update of the Offering Memorandum and its preliminary version were approved by resolution of the sub-delegates dated November 3, 2023.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt/9.6pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; color: #072146"><B>23.</B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<B>Provisions</B></P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Provision for contingent commitments (Exhibits J and R)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;22,779,855&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;13,005,597&#9;</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Provisions for termination plans (Exhibit J)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;1,750,364&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;1,676,993&#9;</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">For administrative, disciplinary and criminal penalties (Note 52 and Exhibit J)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;5,000&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;10,888&#9;</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other contingencies</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;22,563,064&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;30,435,157&#9;</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 24pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Provision for commercial claims</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;16,298,010&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;19,709,153&#9;</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 24pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Provision for tax claims</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;1,187,703&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;4,203,405&#9;</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 24pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Provision for labor lawsuits</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;1,179,832&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;1,987,934&#9;</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 24pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;3,897,519&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;4,534,665&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;47,098,283&#9;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;45,128,635&#9;</B></FONT></TD></TR>
  </TABLE>

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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->66<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">It includes the estimated amounts to pay
highly likely liabilities which, in case of occurrence, would generate a loss for the Entity.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">The breakdown of and changes in provisions recognized for accounting purposes are
included in Exhibit J. However, below is a brief description:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><U>Contingent commitments:</U> it reflects
the credit risk arising from the assessment of the degree of compliance of the beneficiaries of unused overdrafts, unused credit card
balances, guarantees, sureties and other contingent commitments for the benefit of third parties on behalf of customers, and of their
financial position and the counter guarantees supporting those transactions.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 56.7pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><U>Termination benefit plans:</U> for
certain terminated employees, the Bank (fully or partially) bears the cost of private health care plans for a certain period after termination.
The Bank does not cover any situations requiring medical assistance, but it only makes the related health care plan payments.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 56.7pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><U>Administrative, disciplinary and
criminal penalties:</U> administrative penalties imposed by the Financial Information Unit, even if there were court or administrative
measures to suspend payment and regardless of the status of the disciplinary proceedings.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><U>Other:</U> it reflects the estimated
amounts to pay tax, labor and commercial claims and miscellaneous complaints.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The Group considers that the provisions as
of December 31, 2024 will originate the following cash disbursements:</P>

<P STYLE="font: 10pt/112% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 62%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B>Provisions</B></FONT></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 18%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B>Within 12 months</B></FONT></TD>
    <TD STYLE="width: 18%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 10pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B>After 12 months</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Provision for contingent commitments (Exhibits J and R)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;22,779,855&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;-&#9;</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 10pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Provisions for termination plans (Exhibit J)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;533,070&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;1,217,294&#9;</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">For administrative, disciplinary and criminal penalties (Note 52 and Exhibit J)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;-&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;5,000&#9;</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Other contingencies </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;5,336,747&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;17,226,317&#9;</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 24pt; line-height: 10pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Provision for commercial claims</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;3,466,941&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;12,831,069&#9;</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 24pt; line-height: 10pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Provision for tax claims</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;801,672&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;386,031&#9;</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 24pt; line-height: 10pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Provision for labor lawsuits</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;201,894&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;977,938&#9;</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 24pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Other</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;866,240&#9;</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;3,031,279&#9;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">In the opinion of the Group&#8217;s Management
and its legal advisors, there are no significant effects other than those stated in these consolidated financial statements, the amounts
and repayment terms of which have been recorded based on the current value of those estimates, considering the probable date of their
final resolution.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Contingent liabilities have not been recognized
in these consolidated financial statements and are related to 138 claims brought against the Bank, including civil and commercial claims,
all of which have arisen in the ordinary course of business. The estimated amount of such claims is 35,712, out of which a potential or
possible cash disbursement of approximately 15,787 is expected for the next 12 months. These claims are primarily related to lease-purchase
agreements and petitions to secure evidence. The Group's Management and legal advisors consider that the probability that these cases
involve cash disbursements is possible but not probable and that the potential cash disbursements are not material.</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->67<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>24. Other non-financial
liabilities</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Miscellaneous creditors</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">260,923,620</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">278,870,191</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Short-term personnel benefits</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">109,633,309</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">132,879,847</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other collections and withholdings</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">92,594,007</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">91,426,646</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Advances collected</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">70,010,381</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">107,360,783</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other taxes payable</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">44,093,198</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">74,268,415</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">For contract liabilities (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">6,695,211</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">3,708,739</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Long-term personnel benefits</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">4,602,683</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">6,956,709</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Termination benefits payable</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">4,280,110</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,529,395</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Social security payment orders pending settlement</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">967,585</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">807,763</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">3,688,079</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">4,604,636</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>597,488,183</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>703,413,124</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 8pt/120% BBVA Benton Sans Book; margin: 0; text-indent: 0.5in">(1) It represents a performance obligation that must be
complied with within a period of time.</P>

<P STYLE="font: 8pt/120% BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>25. Leases</B></P>

<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><U>The Group as lessee</U></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Below is a detail of the amounts related
to the rights of use under leases and lease liabilities in force as of December 31, 2024:</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>Rights of use under leases</B></P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The changes in this item for the years 2024
and 2023 are reported in Exhibit F.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>


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    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->68<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>Lease liabilities</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Future minimum payments for lease agreements
are as follows:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 32%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>In foreign currency</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>In local currency</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Up to one year</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;852,573</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;274,266</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;1,126,839</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;2,662,757</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">From 1 to 5 years</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">18,392,659</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">3,537,237</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;21,929,896</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;38,279,009</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">More than 5 years</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">9,342,044</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;9,342,044</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&#9;10,251,709</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;32,398,779</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;51,193,475</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 21.25pt; color: #072146"><B>Interest and exchange rate difference recognized
in profit or loss </B></P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 66%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Other operating expenses</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Interest on lease liabilities (Note 39)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(4,100,609)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(3,700,118)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Exchange rate difference</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Exchange rate difference for finance lease (loss)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(7,361,232)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(56,365,284)</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>26. Share capital</B></P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt">Breakdown is as follows:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><U>Share capital</U></FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="4" STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Shares</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Share capital</B></FONT></TD></TR>
  <TR>
    <TD STYLE="width: 15%; border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Class</B></FONT></TD>
    <TD STYLE="width: 22%; border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Quantity</B></FONT></TD>
    <TD STYLE="width: 13%; border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Par value per share</B></FONT></TD>
    <TD STYLE="width: 11%; border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Votes per share</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 2%">&nbsp;</TD>
    <TD STYLE="width: 17%; border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Outstanding shares</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 4%; border-top: black 2.25pt solid; border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="width: 16%; border-top: black 2.25pt solid; border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Paid-in (1)</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Common</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">612,710,079</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">612,710</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">612,710</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/9.6pt Times New Roman, Times, Serif; margin: 12pt 0 0 42.5pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(1)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Registered with the Public Registry of Commerce.</FONT></P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 6.5pt; text-align: justify; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 42.55pt; text-align: justify">Banco BBVA Argentina S.A. is a corporation
(sociedad an&oacute;nima) incorporated under the laws of Argentina. The shareholders limit their liability to the shares subscribed and
paid in, pursuant to the Argentine Companies Law (Law No. 19550). Therefore, and pursuant to Law No. 25.738, it is reported that neither
foreign capital majority shareholders nor local or foreign shareholders shall be liable in excess of the above-mentioned capital contribution
for obligations arising from transactions carried out by the Bank.</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->69<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 11pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><U>Additional paid-in capital</U></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 12pt 42.55pt; text-align: justify">The additional paid-in capital account
represents the difference between the nominal value of the shares issued and the subscription price.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 11pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><U>Inflation adjustment to share capital</U></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 12pt 42.55pt; text-align: justify">Includes the cumulative monetary inflation
adjustment to share capital and additional paid-in capital.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 11pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><U>Other comprehensive income/(loss)
(OCI)</U></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.5pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: BBVA Benton Sans Book">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; line-height: 120%"><U>Income/(loss)
from financial assets measured at fair value through OCI</U>: It comprises the accumulated net change in the fair value of financial assets
measured at fair value through OCI, net of the related income tax.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.5pt"></TD><TD STYLE="width: 21.25pt">&#8211;</TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><U>Other:</U> This item represents the
Bank&#8217;s participation in its associates&#8217; and joint ventures&#8217; OCI.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 11pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><U>Legal reserve</U></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 6pt 0 12pt 42.55pt; text-align: justify">B.C.R.A. regulations establish that
20% of net income determined in accordance with B.C.R.A. Generally Accepted Accounting Principles must be allocated to the legal reserve.
(see note 44 a)).</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 11pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><U>Other reserves</U></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 12pt 42.55pt; text-align: justify">Set up to comply with the CNV requirement
whereby all the retained earnings assessed under BCRA regulations must be allocated by the stockholders' meeting to cash dividends, stock
dividends, the constitution of reserves other than the legal reserve, or a combination thereof. This item is composed of the following:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.5pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><U>Optional reserve</U>: it includes
all the other reserves set up by the express will of the Entity.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.5pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><U>Reserve for first-time application
of IFRS</U>: originated in the valuation differences of assets and liabilities in accordance with international financial reporting standards
at the time of initial adoption.</FONT></TD></TR></TABLE>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->70<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 42.55pt">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>27. Interest income</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 49.65pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 54%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 17%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 18%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">CER clause adjustment</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">989,710,613</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">825,141,529</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Premium for reverse repurchase agreements</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">845,845,984</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">845,394,681</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Interest from government securities</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">635,080,487</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,501,144,005</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Interest from commercial papers</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">579,932,926</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">724,217,420</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Interest from credit card loans</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">431,887,103</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">610,925,948</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Interest from overdrafts</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">303,017,240</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">383,223,388</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Interest from consumer loans</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">305,531,003</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">283,675,392</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">UVA clause adjustment</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">221,036,327</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">243,189,388</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Interest from other loans</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">247,810,876</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">369,902,975</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Interest from pledge loans</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">62,331,652</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">80,126,752</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Interest on loans to the financial institutions</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">16,796,646</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">13,948,303</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Interest from mortgage loans</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">15,336,145</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">14,071,117</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Interest from financial leases</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">12,955,249</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">20,591,504</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Interest from loans for the prefinancing and financing of exports</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">16,660,568</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">5,236,271</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Interest from private securities</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">4,358,370</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">7,541,862</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Other financial interest income</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">7,950,385</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">5,119,240</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>4,696,241,574</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>6,933,449,775</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 42.5pt">&nbsp;</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 42.5pt">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>28. Interest expense</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 49.65pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 64%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Interest from time deposits</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,059,322,758</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,533,937,410</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Interest from current accounts deposits</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">475,683,772</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">678,423,669</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">UVA clause adjustment</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">133,384,580</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">93,059,557</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Interest from bank loans</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">41,980,571</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">55,106,427</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Interest from other financial liabilities</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">21,750,500</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">10,049,379</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Interest from savings accounts deposits</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">18,335,036</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">15,584,182</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Borrowing surety bond transactions</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">11,900,120</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Premium for reverse repurchase agreements</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">810,774</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">54,412</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Other financial interest expense</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">6,620</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">28,662</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>1,763,174,731</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>3,386,243,698</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->71<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>29. Commission income</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 64%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">For credit cards</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">274,458,562</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">254,933,228</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Linked to liabilities</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">154,723,084</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">183,640,618</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Linked to loans</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">59,731,044</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">56,009,673</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">From foreign trade and foreign currency transactions</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">25,961,950</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">23,594,476</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">From insurance</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">19,779,102</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">20,981,896</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Linked to securities</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">19,324,931</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">14,576,241</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Linked to loan commitments</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">841,081</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">887,281</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">From guarantees granted</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">443,434</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">229,657</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>555,263,188</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>554,853,070</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>30. Commission expenses</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 62%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 15%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 19%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">For credit and debit cards</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">151,714,849</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">148,583,877</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">For foreign trade transactions</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">61,852,231</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">40,302,506</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">For payment of wages</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">24,798,642</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">24,776,270</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">For new channels</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">18,907,569</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">13,154,114</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">For data processing</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">11,742,085</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">9,539,347</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">For advertising campaigns</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">659,815</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,207,485</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Linked to transactions with securities</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">129,096</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">146,816</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Other commission expenses</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,875,576</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">13,549,669</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>272,679,863</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>252,260,084</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 7.1pt">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 7.1pt">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 73 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->72<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>31. Net income (loss)
from measurement of financial instruments at fair value through profit or loss</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 49.65pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 64%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Gain/(loss) from government securities</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">154,704,801</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(113,774,261)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Gain from private securities</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">5,990,001</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">8,819,892</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Gain from corporate bonds</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,512,685</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,992,028</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Interest rate swaps</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,030,476</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(387,132)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Loss from put options</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(685,766)</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(1,137,120)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Gain/(loss) from foreign currency forward transactions</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(14,889,122)</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">51,248,270</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Others</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,876</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">372</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>147,665,951</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>(52,237,951)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 6.55pt; text-align: justify; text-indent: 3.8pt">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>32. Net income from write-down
of assets at amortized cost and at fair value through OCI</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 49.65pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 64%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Income from sale of government securities</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">236,363,693</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">72,267,736</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Income from sale of private securities</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">5,307,852</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">16,123,518</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>241,671,545</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>88,391,254</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/17.4pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>33. Foreign exchange
and gold gains/(losses)</B></P>

<P STYLE="font: 10pt/17.4pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 64%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Income from trading in foreign currency</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">59,043,073</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">86,181,018</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Conversion of foreign currency assets and liabilities into pesos</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(4,406,613)</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">371,360,417</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>54,636,460</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>457,541,435</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/174% BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 74 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->73<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 13.65pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>34. Other operating income</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 64%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; width: 17%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; width: 17%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Adjustments and interest on miscellaneous receivables</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">46,131,374</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">59,951,762</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Rental of safe deposit boxes</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">22,306,092</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">17,572,045</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Loans recovered</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">11,846,785</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">14,994,770</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Debit and credit card commissions</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">13,089,542</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">10,249,421</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Punitive interest</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">7,305,237</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">5,619,971</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Rent</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">5,670,084</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">5,242,910</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Allowances reversed</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">4,676,270</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,910,574</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Fees expenses recovered</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">4,471,404</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">5,095,381</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Commission from syndicated transactions</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,521,174</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,027,244</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Other operating income</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">25,772,510</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">22,776,836</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>142,790,472</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>146,440,914</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -7.65pt">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; color: #072146"><B>35. Impairment of financial assets</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<P STYLE="font: 1pt/120% BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 13.65pt; text-align: justify; text-indent: -3.3pt; color: #072146"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 64%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 17%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 17%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Financial assets at amortized cost</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: black">Loan loss allowance in pesos</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: black">&#9;211,432,971&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: black">&#9;132,166,626&#9;</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: black">Loan loss allowance in foreign currency</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: black">&#9;6,279,329&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: black">&#9;34,168,622&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Financial assets at fair value through OCI</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: black">Correction of value due to credit losses</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: black">&#9;(56,619)&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: black">&#9;(4,120)&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;217,655,681&#9;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&#9;166,331,128&#9;</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 13.65pt; text-align: justify; text-indent: -3.3pt; color: #072146"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 75 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->74<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>36. Personnel benefits</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 49.65pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 49.65pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 64%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 17%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 17%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Salaries</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">270,391,806</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">271,389,903</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other short-term personnel benefits</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">91,948,192</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">144,103,066</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Social security withholdings and collections</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">82,507,767</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">89,005,696</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Personnel compensation and bonuses</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">54,648,857</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">16,701,397</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Personnel services</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">12,956,731</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">11,187,606</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Termination personnel benefits (Exhibit J)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,129,772</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,040,558</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other long-term personnel benefits</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,012,172</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">6,844,026</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>515,595,297</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>540,272,252</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>37. Administrative expenses</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 7.65pt; text-align: justify; text-indent: -7.65pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 64%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 17%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 17%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Taxes</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">124,150,966</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">114,801,585</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Contracted administrative services</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">87,704,001</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">66,365,686</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Rent</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">67,928,153</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">74,027,375</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Armored transportation services</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">48,447,340</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">45,443,899</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Maintenance and repair costs</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">48,286,547</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">46,270,516</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Advertising</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">34,273,928</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">29,925,767</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">IT</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">32,586,746</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">62,900,839</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Documents distribution</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">22,787,340</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">14,492,787</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Electricity and communications</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">19,750,071</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">18,251,519</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other fees</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">17,178,709</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">15,892,592</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Security services</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">16,519,227</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">12,715,130</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Trade reports</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">11,570,401</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">9,845,645</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Insurance</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">4,263,755</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">4,210,588</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Representation and travel expenses</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">3,799,674</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">3,474,140</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Stationery and supplies</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">875,741</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">818,964</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Fees to Bank Directors and Supervisory Committee</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">705,742</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">716,884</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other administrative expenses</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">23,449,682</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">23,087,621</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>564,278,023</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>543,241,537</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 76 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->75<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>38. Asset depreciation
and impairment</B></P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 66%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Property and equipment (Note 14)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">53,961,496</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">45,018,013</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Intangible assets (Note 15)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">18,885,133</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">8,116,758</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Right of use of leased real estate (Note 14)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">4,063,282</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">5,230,629</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other assets</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,701,766</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,347,254</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Loss from sale or impairment of property, plant and equipment</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,735,867</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>79,611,677</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>62,448,521</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>39. Other operating expenses
</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 66%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Turnover tax</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">319,231,352</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">443,134,044</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other allowances (Exhibit J)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">46,540,347</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">45,196,873</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Loss from sale or impairment of investment property and other non-financial assets</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">37,587,578</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">518,959</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Initial recognition of loans</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">26,577,005</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">25,415,443</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Adjustment for restatement of dividends in constant currency </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">12,453,062</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Contribution to the Deposit Guarantee Fund (Note 46)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">10,933,914</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">12,473,800</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Claims</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">4,142,449</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">5,541,215</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Interest on liabilities from leases (Note 25)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">4,100,609</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">3,700,118</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other operating expenses</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">33,706,431</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">39,575,442</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>495,272,747</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>575,555,894</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 7.1pt; text-align: justify">&nbsp;</P>


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<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -7.1pt; color: #1F497D"><B>40.
Fair values of financial instruments</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #004481"><B>40.1. Assets and liabilities
measured at fair value</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 42.55pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The fair value hierarchy of assets and liabilities
measured at fair value as of December 31, 2024 is detailed below:</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 47%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Accounting balance</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Level 1 Fair Value</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Level 2 Fair Value</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Level 3 Fair Value</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 12pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><U>Financial assets</U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Debt securities at fair value through profit or loss</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">91,797,177</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">82,335,871</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">9,461,306</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Derivative instruments</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">9,863,462</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">861,433</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">9,002,029</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Other financial assets</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">749,178</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">749,178</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Other debt securities </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">2,336,680,931</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">2,263,044,787</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">70,848,550</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">2,787,594</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Financial assets pledged as collateral</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">125,000,331</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">125,000,331</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Investments in equity instruments</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">12,657,707</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">8,155,134</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">770,488</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">3,732,085</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 12pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><U>Financial liabilities</U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Derivative instruments</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">3,858,635</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">3,858,635</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">The fair value hierarchy of assets and liabilities measured at fair value as of
December 31, 2023 is detailed below:</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 21.25pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 40%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 4%">&nbsp;</TD>
    <TD STYLE="width: 13%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Accounting balance</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 13%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Level 1 Fair Value</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 2%">&nbsp;</TD>
    <TD STYLE="width: 13%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Level 2 Fair Value</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 2%">&nbsp;</TD>
    <TD STYLE="width: 11%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Level 3 Fair Value</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 12pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><U>Financial assets</U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Debt securities at fair value through profit or loss</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">492,324,281</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">487,641,727</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">3,596,552</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">1,086,002</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Derivative instruments</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">21,780,413</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">21,780,413</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Other financial assets</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">1,615,390</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">1,615,390</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Other debt securities </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">1,439,609,361</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">1,136,448,130</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">292,946,466</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">10,214,765</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Financial assets pledged as collateral</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">297,726,163</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">290,728,640</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">6,997,523</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Investments in equity instruments</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">11,347,464</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">7,024,887</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">941,205</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">3,381,372</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 12pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><U>Financial liabilities</U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Liabilities at fair value through profit or loss</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">22,495,621</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">22,484,421</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">11,200</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Derivative instruments</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">4,671,486</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.75pt">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt"></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">4,671,486</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Financial assets at fair value consist of
Argentine Government Bonds, Argentine Treasury Bills, private debt securities (corporate bonds), shares and mutual funds. Likewise, financial
derivatives are classified at fair value. Such derivatives, include futures measured at the price of the market where they are traded
(Rofex and MAE), foreign currency NDF (non-delivery forwards), put options, and interest rate swaps.</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #004481"><B>40.2. Transfers between
hierarchy levels</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify">The Entity monitors the availability
of market information in order to assess the category of financial instruments in the different hierarchies at fair value, as well as
the resulting determination of inter-level transfers at each closing, considering the comparison of hierarchy levels of the current year
versus previous year levels.</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->77<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify"><FONT STYLE="color: #072146">40.2.1.
</FONT><FONT STYLE="color: #004481">Transfers from Level 1 to Level 2</FONT></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">There are no transfers from L1 to L2 for
the instruments measured at fair value as of year-end.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify"><FONT STYLE="color: #072146">40.2.2.
</FONT><FONT STYLE="color: #004481">Transfers from Level 2 to Level 1</FONT></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The following instruments measured at fair
value through profit or loss or through OCI were transferred from Level 2 to Level 1 of the fair value hierarchy:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 66%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Argentine Treasury Bonds in pesos adjusted by CER 1.55% Maturity 07-26-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">111,892,095</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Argentine Treasury Bonds in pesos adjusted by CER 2% Maturity 11-09-2026</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">74,004</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify">The hierarchy level of the instruments
detailed above was compared with the previous year levels.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify">The transfer is due to the fact that
the bonds were listed on the market the number of days necessary to be considered Level 1.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #004481"><B>40.3. Valuation techniques
for Levels 2 and 3</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The valuation techniques used for Level 2
securities require observable market data: the spot discount curve in pesos, the spot discount curve in US dollars, the discount curves
of corporate bonds in US dollars (one of the energy sector and the other of several industries), the discount curve of Dollar-linked corporate
bonds, CER discount curve, the yield curve in pesos arising from ROFEX futures, the yield curve in pesos arising from futures traded by
ICAP Broker, Badlar rate, UVA index, CER index and the spot selling exchange rates published by Banco de la Naci&oacute;n Argentina (BNA)
and the 3500 dollar. Below is a detail of valuation techniques for each financial product:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #004481"><B>Fixed Income </B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The assessment of prices at fair value established
by the Bank for fixed income consists in considering MAE&#8217;s representative prices.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">In the case of Argentine Treasury bonds and
bills, MAE&#8217;s prices are used; if the bonds are not listed within the last 10 business days, then a theoretical valuation is made
discounting cash flows using the related discount curve.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">In the case of Corporate Bonds in Dollars,
if they do not have a market quotation in the last 10 days in the MAE, they are valued at the present value of the future cash flows with
the appropriate discount curve according to the type of industry or sector. The same criterion is applied in the case of Corporate Bonds
that are Dollar-Linked, but in this case the discount curve used is the dollar linked curve.</P>

<P STYLE="font: 12pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>


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<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #004481"><B>SWAPS</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">For swaps, the theoretical valuation consists
in discounting future cash flows using the interest rate, according to the curve estimated on the basis of fixed-rate peso-denominated
bonds and bills issued by the Argentine Government.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #004481"><B>Non-Delivery Forwards</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The theoretical valuation of NDFs consists
in discounting the future cash flows to be exchanged pursuant to the contract, using a discount curve that will depend on the currency
of each cash flow. The result is then calculated by subtracting the present values in pesos, estimating the value in pesos based on the
applicable spot exchange rate, depending on whether the contract is local or offshore.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">For local peso-dollar swap contracts, cash
flows in pesos are discounted using the yield curve in pesos resulting from the prices of ROFEX futures and the US dollar exchange rate
for selling currency published by Banco de la Naci&oacute;n Argentina (BNA). Cash flows in US dollars are discounted using the Overnight
Index Swap (OIS) international dollar yield curve. Then, the present value of cash flows in dollars is netted by converting such cash
flows into pesos using the US dollar exchange rate for selling currency published by BNA.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">For local peso-euro swap contracts, cash
flows in pesos are discounted using the yield curve in pesos resulting from the prices of ROFEX futures and the Euro exchange rate for
selling currency published by BNA. Cash flows in euros are discounted using the yield curve in euros. Then, the present value of cash
flows in euros is netted by converting such cash flows into pesos using the euro exchange rate for selling currency published by BNA.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">For offshore peso-dollar swap contracts,
cash flows in pesos are discounted using the yield curve in pesos resulting from market quoted forward prices sourced from ICAP and the
US dollar exchange rate for selling currency published by BNA. Cash flows in dollars are discounted using the yield curve in dollars.
Then, the present value of cash flows in dollars is netted by converting such cash flows into pesos using the Emerging Markets Traders
Association (EMTA) US dollar spot exchange rate.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The valuation techniques used for Level 3
financial assets require the use of variables that are not based on observable market inputs. Below is a detail of the valuation techniques
used for each financial asset:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #004481"><B>Investments in equity
instruments</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Investments in equity instruments for which
the Group has no control, joint control or a significant influence are measured at fair value through profit or loss and at fair value
through other comprehensive income according to the latest available information of such companies.</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #004481"><B>Corporate bonds</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Corporate bonds in pesos that are in portfolio
were classified as Level 3. The valuation criterion at fair value determined by the Entity depends on whether it is at Fixed Rate or at
Floating Rate.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">As regards Corporate Bonds at Fixed Rate,
they are valued by discounted cash flows with the Argentine Government bonds curve in pesos, assuming a credit spread of 0 (as this data
is not market observable). The sensitivity to this interest rate curve at 1 basis point is -0.000064.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Finally, the price of Corporate Bonds at
Floating rate is determined by the Entity on the basis of the latest available market price (or subscription price, if the security had
not been listed in a market since the date of issuance) plus interest accrued to date. If the security has paid coupon, then the &#8220;clean&#8221;
price is calculated. If principal was repaid, then repayment amount is deducted and the &#8220;dirty&#8221; price is recalculated, with
interest being accrued until year-end. Corporate bonds at floating rate in portfolio are as follows:</P>


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    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->79<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 31.65pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 11pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">ON Banco de Servicios Financieros (ON
BSCPO)</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 31.65pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book">&#8211;</FONT></TD><TD><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; line-height: 120%">Refi Pampa ( ON REF2B)</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 31.65pt"></TD><TD STYLE="width: 18pt">&#8211;</TD><TD><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; line-height: 120%">Newsan S.A (ON WNCMO)</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 31.65pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 11pt">-</FONT></TD><TD><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Newsan S.A (ON WNCLO)</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The most relevant unobservable inputs include:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 31.65pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Latest market price</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 31.65pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Projected UVA</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 31.65pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Projected BADLAR rates</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The tables below show a sensitivity analysis
for each of the above-mentioned securities:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 14.15pt; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="2" STYLE="border: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146">Latest market price scenarios</FONT></TD>
    <TD COLSPAN="4" STYLE="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146">Changes in final price</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146">ON REF2B</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146">ON BSCPO</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146">ON WNCMO</FONT></TD>
    <TD STYLE="border: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146">ON WNCLO</FONT></TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="width: 28%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">+2%</FONT></TD>
    <TD STYLE="width: 18%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">4.083 %</FONT></TD>
    <TD STYLE="width: 18%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1.930 %</FONT></TD>
    <TD STYLE="width: 18%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1.937 %</FONT></TD>
    <TD STYLE="width: 18%; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1.931 %</FONT></TD>
    </TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">+5%</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">10.208 %</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">4.824 %</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">4.842 %</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">4.828 %</FONT></TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">+10%</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">20.417 %</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">9.649 %</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">9.685 %</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">9.655 %</FONT></TD>
    </TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 14.15pt; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="2" STYLE="width: 55%; border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146">UVA Scenarios</FONT></TD>
    <TD STYLE="width: 45%; border: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146">Changes in final price</FONT></TD>
    </TR>

  <TR>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146">ON REF2B</FONT></TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">+5%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">5.000 %</FONT></TD>
    </TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">+10%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">10.000 %</FONT></TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">+15%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">15.000 %</FONT></TD>
    </TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="2" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146">Badlar Rate Scenarios</FONT></TD>
    <TD COLSPAN="3"  STYLE="border: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146">Changes in final price</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146">ON BSCPO</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146">ON WNCMO</FONT></TD>
    <TD STYLE="border: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146">ON WNCLO</FONT></TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; width: 38%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">5 %</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 21%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-0.0335 %</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 21%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-0.0284 %</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 20%; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-0.0389 %</FONT></TD>
    </TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">10 %</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-0.0670 %</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-0.0567 %</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-0.0778 %</FONT></TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">15 %</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-0.1005 %</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-0.0851 %</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-0.1168 %</FONT></TD>
    </TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>


<!-- Field: Page; Sequence: 81 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->80<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #004481"><B>40.4. Reconciliation
of balances at beginning of year and at year-end of Level 3 assets and liabilities at fair value</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The following table shows a reconciliation
between balances at beginning of year and at year-end of Level 3 fair values:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 36%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 33%">&nbsp;</TD>
    <TD STYLE="width: 15%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 2%">&nbsp;</TD>
    <TD STYLE="width: 14%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>Balance at the beginning of the fiscal year</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>14,682,139</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>4,409,846</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other debt securities - Private securities - Corporate bonds</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(1,903,183)</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">8,798,656</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD COLSPAN="2" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Debt securities at fair value through profit or loss - Private securities - Corporate bonds</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(498,709)</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,086,002</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Equity instruments</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,179,307</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">3,381,372</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD COLSPAN="2" STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Monetary loss from assets at fair value</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(7,939,875)</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(2,993,737)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Balance at fiscal year-end</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>6,519,679</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>14,682,139</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #004481"><B>40.5. Fair value of
assets and liabilities not measured at fair value</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 12pt 0 6pt 28.35pt; text-align: justify">Below is a description of methodologies
and assumptions used to assess the fair value of the main financial instruments not measured at fair value, when the instrument does not
have a quoted price in a known market.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 32.2pt"></TD><TD STYLE="width: 17.45pt"><FONT STYLE="font-family: BBVA Benton Sans Book">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; line-height: 120%"><U>Assets and liabilities
with fair value similar to their accounting balance</U>: For financial assets and financial liabilities maturing in less than three months,
it is considered that the accounting balance is similar to fair value.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 32.2pt"></TD><TD STYLE="width: 17.45pt"><FONT STYLE="font-family: BBVA Benton Sans Book">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><U>Fixed rate financial instruments</U>:
The fair value of financial assets was assessed by discounting future cash flows from market rates at each measurement date for financial
instruments with similar characteristics, adding a liquidity premium (un-observable input) that expresses the added value or additional
cost necessary to dispose of the asset.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 32.2pt"></TD><TD STYLE="width: 17.45pt"><FONT STYLE="font-family: BBVA Benton Sans Book">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; line-height: 120%"><U>Variable rate
financial instruments</U>: For financial assets and financial liabilities accruing a floating rate, it is considered that the accounting
balance is similar to the fair value. </FONT></TD></TR></TABLE>


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<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify">The fair value hierarchy of assets and
liabilities not measured at fair value as of December 31, 2024 is detailed below:</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 38%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 11%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Accounting balance</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 11%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Total Fair Value</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 3%">&nbsp;</TD>
    <TD STYLE="width: 11%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Level 1 Fair Value</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 11%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Level 2 Fair Value</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 11%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Level 3 Fair Value</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><U>Financial assets</U></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Cash and deposits in banks</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">2,823,883,767</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(a)</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Other financial assets</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">252,342,788</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(a)</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Loans and other financing</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 6pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">&nbsp;&nbsp;&nbsp;Non-financial government sector</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">964,726</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(a)</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">&nbsp;&nbsp;&nbsp;Other financial institutions</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">58,268,412</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">69,468,034</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">69,468,034</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-indent: 7.1pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">&nbsp;&nbsp;Non-financial private sector and residents abroad</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">7,479,338,394</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">7,848,967,906</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">7,848,967,906</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Other debt securities</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">159,904,307</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">160,612,323</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">160,612,323</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Financial assets pledged as collateral</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">337,967,647</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(a)</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><U>Financial liabilities</U></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Deposits</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">9,929,679,125</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">3,272,641,896</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">3,272,641,896</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Other financial liabilities</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">1,195,339,210</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(a)</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Financing received from the BCRA and other financial institutions</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">200,930,558</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">198,965,317</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">198,965,317</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Corporate bonds issued</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">115,898,590</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">117,281,355</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">117,281,355</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right">&nbsp;</TD></TR>
  </TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(a)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">The fair value is not reported as it
is considered similar to its accounting balance.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(b)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">The balance of Deposits is composed of
Time deposits at Level 3 fair value and the rest of deposits, for which the fair value is not reported as it is considered that it is
similar to their accounting balance.</FONT></TD></TR></TABLE>


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<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify">The fair value hierarchy of assets and
liabilities not measured at fair value as of December 31, 2023 is detailed below:</P>

<P STYLE="font: 8pt/120% BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 40%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Accounting balance</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 11%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Total Fair Value</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Level 1 Fair Value</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 11%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Level 2 Fair Value</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Level 3 Fair Value</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><U>Financial assets</U></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Cash and deposits in banks</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">2,488,919,061</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(a)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Repo transactions</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">2,618,426,757</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(a)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Other financial assets</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">196,796,573</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(a)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Loans and other financing</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 6pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">&nbsp;&nbsp;&nbsp;Non-financial government sector</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">316,210</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(a)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">&nbsp;&nbsp;&nbsp;Other financial institutions</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">33,647,488</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">22,859,497</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(c)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">22,859,497</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Non-financial private sector and residents abroad</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">4,267,933,731</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">4,056,787,876</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(c)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">4,056,787,876</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Other debt securities</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">210,536,162</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">211,594,214</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">211,594,214</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Financial assets pledged as collateral</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">272,016,844</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(a)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><U>Financial liabilities</U></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Deposits</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">7,925,054,235</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">1,833,397,449</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">1,833,397,449</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Other financial liabilities</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">976,139,925</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(a)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Financing received from the BCRA and other financial institutions</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">61,387,247</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">60,148,259</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">60,148,259</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Corporate bonds issued</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">27,910,020</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">28,404,015</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">28,404,015</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 42.5pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(a)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">The fair value is not reported as it
is considered similar to its accounting balance.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(b)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">The balance of Deposits is composed of
Time deposits at Level 3 fair value and the rest of deposits, for which the fair value is not reported as it is considered that it is
similar to their accounting balance.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(c)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">The Bank&#8217;s Management has not identified
additional impairment indicators of its financial assets as a result of the differences in the fair value thereof.</FONT></TD></TR></TABLE>

<P STYLE="font: 8pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>41. Segment reporting</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><U>Basis for segmentation </U></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">As of December 31, 2024 and 2023, the Group
determined that it has only one reportable segment related to banking activities, based on information reviewed by the chief operating
decision maker. Most of the transactions, properties and customers of the Group are located in Argentina. No client has generated more
than 10% of the Group's total revenues.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The following table shows relevant information
on loans and deposits by business line as of December 31, 2024 and 2023:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="2" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Group (banking activity)(1)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%; border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="width: 4%; border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="width: 4%">&nbsp;</TD>
    <TD STYLE="width: 19%; border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="width: 4%">&nbsp;</TD>
    <TD STYLE="width: 19%; border-bottom: black 2.25pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Loans and other financing</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>7,538,571,532</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>4,301,897,429</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Corporate banking (2)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,264,836,404</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">300,239,149</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Small and medium companies (3)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,795,879,036</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,920,408,332</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Retail</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">3,477,856,092</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,081,249,948</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Other assets</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>7,186,427,247</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>9,035,003,667</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>TOTAL ASSETS</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>14,724,998,779</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>13,336,901,096</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Deposits</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>9,929,679,125</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>7,925,054,235</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Corporate banking (2) (3)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">3,343,946,819</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,152,838,641</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Small and medium companies (2) (3)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,541,266,946</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,354,975,087</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Retail</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">5,044,465,360</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">4,417,240,507</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Other liabilities </B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>2,174,387,481</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>2,310,605,565</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>TOTAL LIABILITIES</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12,104,066,606</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>10,235,659,800</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 63.75pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/9.6pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(1)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">It includes BBVA Asset Management Argentina
S.A.U. Sociedad Gerente de Fondos Comunes de Inversi&oacute;n, Consolidar A.F.J.P. (undergoing liquidation proceedings), PSA Finance Argentina
C&iacute;a. Financiera S.A. and Volkswagen Financial Services Compa&ntilde;&iacute;a Financiera S.A. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(2)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">It includes the Financial Sector.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/9.6pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(3)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">It includes Government Sector.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 6.55pt; text-align: justify; text-indent: 3.8pt">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The information related to the operating
segment (the Group's banking activity) is the same as that presented in the Consolidated Statement of Income, considering that it is the
measure used by the Entity's chief operating decision marker for the allocation of resources and performance evaluation.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>42. Related parties</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #004481"><B>42.1. Parent</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt">The Bank's parent is Banco Bilbao Vizcaya Argentaria.</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; color: #004481"><B>42.2. Key management personnel</B></P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-indent: 7.1pt; color: #004481"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Pursuant to IAS 24, key management personnel
are those having the authority and responsibility for planning, managing and controlling the Group&#8217;s activities, whether directly
or indirectly.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Based on that definition, the Group considers
the members of the Board of Directors as key personnel.</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->84<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; color: #072146"><B>42.2.1. Remuneration of key management
personnel</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt">The Group's key management personnel received the following
compensations:</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 54%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 18%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 18%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Fees</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">559,642</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">566,411</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; color: #002060"><B>Total</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>559,642</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>566,411</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; color: #072146"><B>42.2.2. Profit or loss from transactions
and balances with key management personnel</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Balances as of</B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 52%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 24%; border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 24%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Loans</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Overdrafts</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 2.65pt; vertical-align: middle">
    <P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0">-</P></TD>
    </TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Credit cards </FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">56,034</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">81,672</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Consumer loans</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,078</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">3,114</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    </TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Deposits</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    </TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Deposits</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">129,262</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">193,025</FONT></TD>
    </TR>
  </TABLE>
<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" ROWSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>Profit or loss from transactions</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 23%; border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 4%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 23%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Profit or loss</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Interest income</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">146,214</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">181,523</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Interest expense</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">18,021</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">55,723</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Commission income</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">6,806</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">9,592</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Commission expense</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,608</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,829</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other operating income</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,416</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">3,144</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify">Loans are granted on an arm&#8217;s length
basis. As of December 31, 2024 and 2023, balances of loans granted are classified under normal performance according to the debtor classification
rules issued by the BCRA.</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->85<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; color: #072146">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify"><FONT STYLE="color: #072146"><B>42.2.3.
</B></FONT><B><FONT STYLE="color: #004481">Profit or loss and balances with related parties (except for key management personnel)</FONT></B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 30.35pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Parent</B></FONT></TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Balances as of</B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt; width: 60%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>Assets</B></FONT></TD>
    <TD STYLE="text-align: right; width: 18%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 19%">&nbsp;</TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Cash and deposits in banks</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">5,549,671</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">23,785,069</FONT></TD>
    </TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Other financial assets&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">88</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">247,378</FONT></TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>Liabilities</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    </TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Other non-financial liabilities</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">46,828,702</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">98,645,567</FONT></TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Derivative instruments (Liabilities)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,651</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book">-</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B><U>Off-balance sheet balances</U></B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    </TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Securities in custody</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">3,075,895,648</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,875,949,266</FONT></TD>
    </TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Guarantees received</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">120,776,780</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">43,340,133</FONT></TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Sureties granted</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">86,978,395</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">34,278,568</FONT></TD>
    </TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Derivative instruments</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">518,388</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    </TR>
  </TABLE>
<P STYLE="font: 10pt/9.6pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Profit or loss from transactions</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 60%">&nbsp;</TD>
    <TD STYLE="width: 18%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 3%; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 19%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B><U>Profit or loss</U></B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Interest income</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,921</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Commission income</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">223,058</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">21,550</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Commission expense</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(718,064)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Net loss from measurement of financial instruments at fair value through profit or loss</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(2,638)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(415,252)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Other operating income</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">57,796</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">69,314</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Administrative expenses</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(28,328,441)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(111,204,350)</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/9.6pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->86<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Subsidiaries&nbsp;&nbsp;(1)</B></FONT></TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 24pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Balances as of</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 60%">&nbsp;</TD>
    <TD STYLE="width: 18%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 19%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B><U>Assets</U></B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Loans and other financing</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">101,493,391</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">48,628,373</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B><U>Liabilities</U></B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Deposits</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">35,750,788</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">28,095,155</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Other non-financial liabilities</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,679,936</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,883,532</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B><U>Off-balance sheet balances</U></B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Securities in custody</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,036,291</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,003,182</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Profit or loss from transactions</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B><U>Profit or loss</U></B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Interest income</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">45,313,827</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">60,144,987</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Interest expense</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(3,146,835)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(7,838,781)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Commission income</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">94,643</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">91,765</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Commission expense</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(6,547,830)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(7,701,079)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Foreign exchange and gold gains/(losses)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,371</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">59</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Other operating income</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">3,048,637</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">3,521,735</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Administrative expenses</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(555,166)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(2,061,651)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Other operating expenses</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(415)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 30.35pt">&nbsp;</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 8pt/9.6pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">(1) The transactions between BBVA and its
subsidiaries detailed in the preceding table were eliminated for consolidation purposes in the Consolidated Financial Statements as of
December 31, 2024 and 2023, respectively.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify">&nbsp;</P>


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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="2" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Associates</B></FONT></TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Balances as of</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR>
    <TD STYLE="width: 60%; border-top: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B><U>Assets</U></B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 18%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 3%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 19%; border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Loans and other financing</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">15,391,843</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">11,364,226</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Derivative instruments</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">593,293</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Other financial assets</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,959,252</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">954,173</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B><U>Liabilities</U></B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Deposits</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">3,911,679</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">3,048,284</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B><U>Off-balance sheet balances</U></B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Securities in custody</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">21,728,005</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">44,330,877</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Guarantees received</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">167,855</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Sureties granted</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">167,855</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Secured loans</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">610,825</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Profit or loss from transactions</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B><U>Profit or loss</U></B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Interest income</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">8,602,762</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">7,707,244</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Interest expense</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(190,780)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(2,984,857)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Commission income</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">14,926,070</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">10,215,621</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Commission expense</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(18,907)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(49,768)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Net income from measurement of financial instruments at fair value through profit or loss</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,033,237</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">329,316</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Foreign exchange and gold gains/(losses)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">21,213</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,818</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Other operating income</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,922,534</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,243,066</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Administrative expenses</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">158,631</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">141,167</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify">Transactions have been agreed upon on
an arm&#8217;s length basis. As of December 31, 2024 and 2023, balances of loans granted are classified under normal performance according
to the debtor classification rules issued by the BCRA.</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>43. Financial instruments
risks</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #004481"><B>43.1. Risk policies of
financial instruments</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B><U>Presentation of Risk Management and
Risk-Weighted Assets (RWA)</U></B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>Strategies and processes</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 28.35pt; text-align: justify">The purpose of the organization is based
on assuming a prudential level of risks in order to generate yields and keep acceptable levels of capital and funding, and generate benefits
on a recurring basis. Therefore, it is vital that the teams assigned to risk management are highly trained professionals.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 28.35pt; text-align: justify">The General Risks Policy of BBVA Argentina
expresses the levels and types of risk the Entity is willing to take to carry out its strategic plan, with no relevant deviations, even
under stress conditions. Along this line, the process for risks management is comprehensive and proportional to the economic size and
importance of the financial institution.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 28.35pt; text-align: justify">To achieve its goals, BBVA Argentina
uses a management model with two guiding principles for the decision-making process:</P>


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<P STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin: 0 7.1pt 0 35.45pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 35.45pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify; padding-right: 7.1pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Prudential analysis:
related to the management of the various risks acknowledged by the Entity. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 35.45pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify; padding-right: 7.1pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Anticipation:
it refers to the capacity to make decisions foreseeing relevant changes in the environment, the competition and customers that may have
an impact in the mid-term. </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 28.35pt; text-align: justify">This process is adequate, sufficiently
proven, duly documented and periodically reviewed based on the changes to the Entity&#8217;s risk profile and the market.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">In this regard, the Board of Directors and
the Senior Management are highly committed to the identification, evaluation, follow-up, control and mitigation of significant risks.
These bodies periodically review credit, financial and operational risks, which may potentially affect the success of BBVA Argentina's
activities, and place special emphasis on strategic, reputation and concentration risks.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>Structure and organization </B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The Entity has a formal organizational structure
in place, with a set of roles, responsibilities and powers, organized in a pyramidal structure, generating control instances by an independent
area from lower to higher levels, up to the highest decision-making bodies. Below are the areas in each structure and a list of their
functions:</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/12pt Lucida Sans; margin: 0 0 0 64.35pt; text-align: justify; text-indent: -0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">-</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Risk Management</FONT></P>

<P STYLE="font: 11pt/12pt Lucida Sans; margin: 0 0 0 64.35pt; text-align: justify; text-indent: -0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">-</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Committees</FONT></P>

<P STYLE="font: 11pt/12pt Lucida Sans; margin: 0 0 0 64.35pt; text-align: justify; text-indent: -0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">-</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Reporting </FONT></P>

<P STYLE="font: 11pt/12pt Lucida Sans; margin: 0 0 0 64.35pt; text-align: justify; text-indent: -0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">-</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Cross-Control Areas</FONT></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><U>Risk Management: </U></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">This area is independent from business units.
It is in charge of implementing the criteria, policies and procedures defined by the organization within the scope of credit risk and
financial risk management, by following-up and controlling their proper application and by proposing the actions necessary to keep the
quality of risks within the defined goals. Some of its main functions are to ensure proper information for the decision-making process
at all levels, including relevant risk factors, such as:</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">-Active management throughout the risk lifetime.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">-Clear processes and procedures.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">-Integrated management of all risks through
identification and quantification.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">-Generation, implementation and dissemination
of advanced decision-making support tools.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><U>Committees</U><B>: </B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Committees are responsible for risk management.
This implies knowledge, assessment, weighting and potential mitigation. BBVA Argentina has an agile and proper structure of committees
in charge of managing various risks.</P>


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<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><U>Reporting:</U></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The Reporting area is in charge of controlling
procedures for risk rating and credit limit requirements; provisioning; determining the risk quota for each segment of economic activity
and type of financing; and assessing and following-up fundamental metrics setting forth, in quantitative terms, the principles and general
risk profile in the statement of Risk Appetite. In addition, it is in charge of generating reports to support Risk Management&#8217;s
decisions in compliance with internal and control organizations&#8217; credit policies, as well as of reviewing processes and proposing
alternatives.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><U>Cross-Control Areas</U></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Internal Control - Internal Control and Compliance
Department - has the following main functions: to ensure that there is a sufficient internal regulatory framework; a process and measures
defined for each type of risk; to control its application and operation; and to ensure that an assessment is made of the existence of
a control environment and its adequate implementation and operation.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Model Validation - Internal Control and Compliance
Department - who ensures that BBVA Argentina's internal statistical risk models are adequate for their use, and must issue a well-founded
and updated opinion on their adequate use.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The control and monitoring areas are in charge
of giving cohesion to credit risk management and ensuring that the management of the rest of the critical risks for the Bank is carried
out in accordance with the established standards.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Finally, Internal Audit, transversal to the
business and support units.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>Risk Appetite</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Risk Appetite is a key element in financial
institutions' management, providing a comprehensive framework for the Entity to determine the risks and level of risks it is willing to
take to reach its business goals, expressed in terms of capital, liquidity, profitability, income recurrence, risks costs or other metrics.
Risk Appetite is expressed through a Statement containing the general principles for the Bank&#8217;s strategy and quantitative metrics.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>Stress Testing</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">In compliance with the provisions on &#8220;guidelines
for risk management in Financial Institutions&#8221; set forth by the Argentine Central Bank, the Entity has developed a stress test program,
within the Entity's comprehensive risk management.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Stress test means the evaluation of the Entity's
financial position under an adverse but plausible scenario, which requires the simulation of scenarios to estimate the potential impact
on the value of portfolios, profitability, solvency and liquidity for the purposes of identifying latent risks or detecting vulnerabilities.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B><U>Credit Risk</U></B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The Bank defines credit risk as the possibility
to sustain losses as a result of a debtor&#8217;s or counterparty&#8217;s noncompliance with the contractual obligations assumed.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Credit risk is present in on and off-balance
sheet transactions, as well as settlement risk, that is to say, when a financial transaction cannot be completed or settled as agreed.
Credit risk losses arise from a debtor's or counterparty&#8217;s noncompliance with its obligations. Also, it takes into consideration
several types of risks, such as country risk, and counterparty credit risk.</P>


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<P STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">BBVA Argentina defines country risk as the
risk of sustaining losses generated in investments and loans to individuals, companies, and governments due to the incidence of economic,
political, and social events occurring in a foreign country.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>Strategy and processes </B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">BBVA Argentina develops a credit risk management
strategy defining the goals that will guide its granting activities, the policies to be adopted, and the necessary practices and procedures
to carry out those activities.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Additionally, Risk Management annually develops,
together with the rest of the Group's management departments, a budget process, including the main variables of credit risk:</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 60.55pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Office Book,sans-serif; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Expected growth per portfolio and product.
</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 60.55pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Office Book,sans-serif; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Evolution of default ratio. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 60.55pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Office Book,sans-serif; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Evolution of write-off portfolios. </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Thus, the standard expected credit risk values
for a term of one year are set. Afterwards, the real values obtained are compared with that budget, to assess both the growth of the portfolio
and its quality.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Also, maximum limits or exposures per economic
activity are formalized, pursuant to the Bank&#8217;s placement strategy, which are used to follow up credit portfolios. In the event
of deviations from the limits set, these are analyzed by the Risk Follow-Up Committees to take the necessary measures.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>Admission</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">BBVA Argentina has credit risk admission
policies, whereby the criteria for obtaining quality assets, establish risk tolerance levels and align credit activities with BBVA Argentina's
and the Group's strategy are defined. Thus, the risk assumption policy is organized in three different levels within the Group:</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">- Analysis of the financial risk of the transaction,
based on the debtor's ability to pay or to generate funds.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">- The constitution of adequate guarantees,
or in any case generally accepted guarantees, for the risk assumed, in any of the generally accepted forms: cash, in rem, personal or
hedging.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">- Evaluation of the repayment risk (liquidity
of the assets) of the guarantees received.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>Follow-up</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The Bank establishes certain follow-up procedures
based on the banking area involved, as the admission stage is not the end of the process. Follow-up is as important as decision-making,
since risk is dynamic and customers rely on themselves and the environment.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The main follow-up procedures carried out
for the various Banking areas are:</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 60.55pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Office Book,sans-serif; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Follow-up on the limit granted: Since
customer profiles vary over time, the limits of products purchased are periodically reviewed for the purpose of extending, reducing, or
suspending the limit assigned, based on the risk situation. </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 60.55pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Office Book,sans-serif; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Maintenance of proactive limits: Customers&#8217;
characteristics, and therefore the characteristics of the data originating certain limits, vary over time. Therefore, there is periodical
maintenance of the proactive limits, taking into consideration the changes in a customer's situation (position of assets and liabilities,
and relationship). Likewise, there is a periodic follow-up on the changes in proactive limits for the purpose of controlling and ensuring
the risk assigned is in accordance with the desired risk levels. </FONT></TD></TR></TABLE>


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<P STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 60.55pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Office Book,sans-serif; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Follow-up on rating tools: Rating tools
rely on the internal inputs and show the characteristics and biases of such inputs. Therefore, they need a long period of use to soften
or eliminate those biases through the inclusion of new information, correction of existing information and periodic reviews optimizing
the results of back-tests.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 60.55pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Office Book,sans-serif; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Portfolio analysis: The portfolio analysis
consists of a follow-up process and study of the complete cycle of the risk of portfolios for the purpose of analyzing the status of the
portfolio, identifying potential improvements in the management, and forecasting the future behavior. </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Additionally, the following functions shall
be carried out:</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 60.55pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Office Book,sans-serif; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Follow-up on specific customers. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 60.55pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Office Book,sans-serif; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Follow-up on products. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 60.55pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Office Book,sans-serif; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Follow-up on units (branches, areas,
channels). </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 60.55pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Office Book,sans-serif; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Other follow-up actions (samples, control
of admission and risk management processes, campaigns).</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The priority in credit risk follow-up processes
is focused mainly on problematic or potentially problematic customers, for preventive purposes. The remaining aspects, the follow-up on
products, units and other follow-up actions are supplementary to the specific follow-up on customers.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>Recovery </B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">BBVA Argentina has Recovery areas which are
part of its Retail and Wholesale Risk divisions. The role of these areas is mitigating the severity of credit portfolios, of both the
Bank and the companies related to the Entity, as well as contributing to the Bank's results, directly through collections of Write-Off
portfolios and indirectly through collections of active portfolios, which imply a reduction in allowances.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>Scope and nature of risk information and/or
measurement systems </B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">BBVA Argentina has several tools that are
used in credit risk management, allowing for effective risk control and facilitating the whole risk treatment process.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>Additional information on the credit quality
of assets </B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>Exposure to credit risk</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The Group&#8217;s exposure to credit risk
of loans and other financing as per IFRS 9 with allocation by stage according to the classification of assets as of December 31, 2024
and 2023 is as follows:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: white">
    <TD STYLE="width: 32%; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Exposure to credit risk</B></FONT></TD>
    <TD STYLE="width: 17%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 17%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Stage 1</B></FONT></TD>
    <TD STYLE="width: 17%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Stage 2</B></FONT></TD>
    <TD STYLE="width: 17%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Stage 3</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Financial assets at amortized cost</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>8,054,362,776</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>7,524,767,052</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>416,781,201</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>112,814,523</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Wholesale</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>5,057,927,210</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>4,893,996,800</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>148,561,101</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>15,369,309</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Company banking</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,034,175,542</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,982,631,119</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">46,568,892</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">4,975,531</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Corporate and investment banking</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,726,193,273</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,676,557,727</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">49,635,093</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">453</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Local and International</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">378,180,009</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">375,201,620</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,960,244</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">18,145</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- SMEs</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">919,378,386</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">859,606,334</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">49,396,872</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">10,375,180</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Retail</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>2,996,435,566</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>2,630,770,252</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>268,220,100</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>97,445,214</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Overdrafts</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">3,179,536</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,002,106</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">415,997</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,761,433</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Credit cards</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,816,918,989</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,633,558,594</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">135,627,862</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">47,732,533</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Consumer loans</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">652,523,556</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">559,553,150</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">55,613,581</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">37,356,825</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Pledge loans</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">246,836,049</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">238,682,962</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">5,614,063</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,539,024</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Mortgage loans</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">271,113,510</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">193,420,283</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">69,785,765</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">7,907,462</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Finance leases</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">4,263,439</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,952,670</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,162,832</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">147,937</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Other</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,600,487</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,600,487</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Financial assets at fair value through OCI</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>37,554,734</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>37,554,734</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>-</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Debt securities</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">37,554,734</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">37,554,734</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Total financial assets</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>8,091,917,510</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>7,562,321,786</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>416,781,201</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>112,814,523</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-top: black 1.5pt solid; border-bottom: black 1.5pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Loan commitments and financial guarantees</B></FONT></TD>
    <TD STYLE="border-top: black 1.5pt solid; border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>3,471,551,943</B></FONT></TD>
    <TD STYLE="border-top: black 1.5pt solid; border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>3,310,861,940</B></FONT></TD>
    <TD STYLE="border-top: black 1.5pt solid; border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>159,740,418</B></FONT></TD>
    <TD STYLE="border-top: black 1.5pt solid; border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>949,585</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Wholesale</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>644,817,414</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>605,654,440</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>39,030,267</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>132,707</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Company banking</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">126,425,220</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">115,594,098</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">10,822,142</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">8,980</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Corporate and investment banking</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">162,657,173</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">152,971,422</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">9,685,744</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">7</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Local and International</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">122,136,205</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">121,249,204</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">887,001</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- SMEs</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">233,598,816</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">215,839,716</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">17,635,380</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">123,720</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>

<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: Black 1pt solid; width: 32%; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Retail</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 17%; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>2,826,734,529</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 17%; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>2,705,207,500</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 17%; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>120,710,151</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 17%; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>816,878</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Overdrafts</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">14,827,666</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">14,332,266</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">492,404</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,996</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Credit cards</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,807,335,057</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,687,775,960</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">118,876,905</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">682,192</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Mortgage loans</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">3,881,551</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,415,398</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,334,496</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">131,657</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Finance leases</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">690,255</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">683,876</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">6,346</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">33</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Total loan commitments and financial guarantees</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>3,471,551,943</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>3,310,861,940</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>159,740,418</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>949,585</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Total exposure to credit risk</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>11,563,469,453</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>10,873,183,726</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>576,521,619</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>113,764,108</B></FONT></TD></TR>
  </TABLE>
<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->93<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: white">
    <TD STYLE="width: 32%; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Exposure to credit risk</B></FONT></TD>
    <TD STYLE="width: 17%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD>
    <TD STYLE="width: 17%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Stage 1</B></FONT></TD>
    <TD STYLE="width: 17%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Stage 2</B></FONT></TD>
    <TD STYLE="width: 17%; padding-right: 3.55pt; padding-left: 3.55pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Stage 3</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Financial assets at amortized cost</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>4,640,081,085</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>4,113,178,805</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>450,236,966</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>76,665,314</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Wholesale</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>2,522,948,779</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>2,323,963,340</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>186,927,061</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>12,058,378</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Company banking</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,387,066,517</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,334,577,475</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">43,370,176</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">9,118,866</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Corporate and investment banking</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">789,169,621</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">678,564,151</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">110,604,997</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">473</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Local and International</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">16,997</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">8,025</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">438</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">8,534</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- SMEs</FONT></TD>
    <TD STYLE="vertical-align: top; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">346,695,644</FONT></TD>
    <TD STYLE="vertical-align: top; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">310,813,689</FONT></TD>
    <TD STYLE="vertical-align: top; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">32,951,450</FONT></TD>
    <TD STYLE="vertical-align: top; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,930,505</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Retail</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>2,117,132,306</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>1,789,215,465</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>263,309,905</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>64,606,936</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Overdrafts</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">4,157,983</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,539,453</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">821,000</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">797,530</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Credit cards</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,468,861,732</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,267,633,162</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">170,296,770</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">30,931,800</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Consumer loans</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">334,213,212</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">285,298,231</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">24,612,075</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">24,302,906</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Pledge loans</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">104,456,830</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">101,329,378</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,422,594</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,704,858</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Mortgage loans</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">196,868,339</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">126,583,781</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">63,414,716</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">6,869,842</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Finance leases</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">4,741,925</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">4,710,722</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">31,203</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Other</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">3,832,285</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,120,738</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,711,547</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Financial assets at fair value through OCI</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>26,507,301</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>26,507,301</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>-</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Debt securities</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">26,507,301</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">26,507,301</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Total financial assets</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>4,666,588,386</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>4,139,686,106</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>450,236,966</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>76,665,314</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-top: black 1.5pt solid; border-bottom: black 1.5pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Loan commitments and financial guarantees</B></FONT></TD>
    <TD STYLE="border-top: black 1.5pt solid; border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>1,408,980,172</B></FONT></TD>
    <TD STYLE="border-top: black 1.5pt solid; border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>1,274,815,404</B></FONT></TD>
    <TD STYLE="border-top: black 1.5pt solid; border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>133,712,926</B></FONT></TD>
    <TD STYLE="border-top: black 1.5pt solid; border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>451,842</B></FONT></TD></TR>

<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid; width: 32%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 17%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 17%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 17%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 17%">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Wholesale</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>525,564,117</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>474,146,108</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>51,368,823</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>49,186</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Company banking</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">210,429,606</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">182,358,733</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">28,058,941</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">11,932</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Corporate and investment banking</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">208,766,443</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">201,947,941</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">6,818,485</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">17</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Local and International</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">77,096,824</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">68,788,927</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">8,307,897</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- SMEs</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">29,271,244</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">21,050,507</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">8,183,500</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">37,237</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Retail</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>883,416,055</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>800,669,296</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>82,344,103</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>402,656</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Overdrafts</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">28,929,705</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">27,847,180</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,075,757</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">6,768</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Credit cards</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">850,807,485</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">770,660,261</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">79,874,405</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">272,819</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Mortgage loans</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">3,481,517</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,990,060</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,368,388</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">123,069</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Other</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">197,348</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">171,795</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">25,553</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Total loan commitments and financial guarantees</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>1,408,980,172</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>1,274,815,404</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>133,712,926</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>451,842</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Total exposure to credit risk</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>6,075,568,558</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>5,414,501,510</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>583,949,892</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>77,117,156</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>Information on the credit quality of assets</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The Group&#8217;s analysis of credit quality
of loans and other financing under IFRS 9 with allocation of risk as of December 31, 2024 and 2023 is as follows:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: white">
    <TD STYLE="width: 56%; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Credit quality</B></FONT></TD>
    <TD STYLE="width: 22%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 22%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Wholesale</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Low risk (PD &lt; 4%)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">5,110,817,141</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,595,573,101</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Medium risk (PD &#8805; 4% to &lt; 24%)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">431,138,458</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">361,867,693</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- High risk (PD &#8805; 24% to &lt; 100% or individualized Stage 2)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">145,287,009</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">78,964,538</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Non performing (PD at 100% or individualized Stage 3)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">15,502,016</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">12,107,564</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Total wholesale</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>5,702,744,624</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>3,048,512,896</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Retail</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Low risk (PD &lt; 2.3%)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">4,493,788,292</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,342,903,616</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Medium risk (PD &#8805; 2.3% to &lt; 29%)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,183,021,451</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">579,528,590</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- High risk (PD &#8805; 29% to &lt; 100% or individualized Stage 2)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">48,098,260</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">13,106,563</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Non performing (PD at 100% or individualized Stage 3)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">98,262,092</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">65,009,592</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Total retail</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>5,823,170,095</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>3,000,548,361</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Debt securities</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-top: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Private securities (B)</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">5,266,631</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">26,317,403</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;- Private securities (BB-)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">31,845,106</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">189,898</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">- Private securities (BB)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">442,997</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Total debt securities</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>37,554,734</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>26,507,301</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Total exposure to credit risk</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>11,563,469,453</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>6,075,568,558</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The amounts included in the table above represent
the Entity's maximum exposure to credit risk as of December 31, 2024 and 2023, without taking into account any guarantees held or other
credit enhancements. In order to mitigate credit risk, the following table shows the net exposure to credit risk as of December 31, 2024
and 2023:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: white">
    <TD STYLE="width: 56%; padding-right: 2.65pt; padding-left: 2.65pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 2%">&nbsp;</TD>
    <TD STYLE="width: 20%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 2%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 20%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR>
    <TD STYLE="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; background-color: white">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Maximum exposure to credit risk</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">11,563,469,453</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">6,075,568,563</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Guarantees held or other credit enhancements</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(2,846,051,751)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(1,826,786,530)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>Total net exposure to credit risk</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>8,717,417,702</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>4,248,782,033</B></FONT></TD></TR>
  </TABLE>

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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->95<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>Credit risk hedging</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>Risk hedging and/or mitigation policy
</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Although risk hedges and/or mitigation with
additional guarantees are an important factor when granting loans, the main factor to decide is if the customer has sufficient generation
of funds to pay for the obligations agreed.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The beneficiary's repayment capacity by generating
sufficient resources is above any other consideration. Thus, the risk decision is based on the borrower's payment capacity to timely and
duly comply with all the financial obligations assumed, based on income obtained from its customary business or income source, without
relying on sureties, guarantors or assets pledged as collateral.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">In addition to the policies and follow-ups,
BBVA Argentina uses collateral, comfort letters and covenants as risk mitigating tools.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>Collateral</B><BR>
<BR>
</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Upon assessing collateral, BBVA Argentina
carefully analyzes if it is appropriate. Along this line, the milestones to update the value of collateral apply under prudential principles.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Regarding the types of collateral managed
by BBVA Argentina, the following stand out:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Guarantees: It includes sureties or
unsecured instruments.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Joint and several guarantee: Upon default
on payment, the creditor may collect the unpaid amount from either the debtor or the surety.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Joint guarantee: In this case the guarantors
and debtholders are liable in proportion to their interest in the company / transaction and restricted to such amount or percentage. </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Security interest: It includes guarantees
based on tangible assets, which are classified as follows:</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 117.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Mortgages: A mortgage does not change
the debtor's unlimited liability, who remains fully liable. They are documented pursuant to the Bank's internal regulations for such purposes
and are duly registered. Also, there is an independent appraisal, at market value, which enables a prompt sale. </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 117.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Pledges: This includes chattel mortgages
of motor vehicles or machinery, as well as liens on Time Deposits and Mutual Funds. To be accepted, they shall be effective upon realization
accordingly, they are properly documented and shall be approved by the Legal Services area. Finally, the Bank hedges against the variation
in the value of the pledge. </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>Loan commitments</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">To meet the specific financial needs of customers,
the Group's credit policy also includes, among others, granting collateral, surety, warranties, letters of credit and secured loans (recorded
in debit accounts pursuant to accounting standards of the BCRA). Although these transactions are not recognized in the Consolidated Statement
of Financial Position because they imply a potential liability for the Group, they expose the Group to credit risks in addition to those
recognized in the Consolidated Statement of Financial Position and are, therefore, an integral part of the Group's total risk.</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->96<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">As of December 31, 2024 and 2023, the Group
holds certain contingent transactions, as detailed in Note 8.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>Hedging based on netting of on and off-balance
sheet transactions </B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The Entity, within the limits defined by
regulations regarding netting, negotiates with its customers the execution of master agreements (for instance, ISDA or CMOF) for the derivatives
business, including the netting of off-balance sheet transactions.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The wording of each agreement determines
in each case the transaction subject to netting. The reduction in the exposure of counterparty risk arising from the use of mitigation
techniques (netting plus use of collateral agreements) implies a decrease in total exposure (current market value plus potential risk).</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>Main types of guarantors and counterparties
of credit derivatives </B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The Bank defines that the collateral (or
credit derivative) shall be direct, explicit, irrevocable, and unconditional in order to be accepted as risk mitigation. Furthermore,
regarding admissible guarantors, BBVA Argentina accepts financial institutions (local or foreign), public entities, stock exchange companies,
and resident and non-resident companies, including insurance companies.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>Concentration of the market or credit
risk through the instruments used to mitigate credit risk</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The Entity classifies the collateral received
pursuant to the regulations in force of the BCRA into:<BR>
<BR>
</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 117.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Office Book,sans-serif; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Preferred Collateral &#8220;A&#8221;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 117.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Office Book,sans-serif; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Preferred Collateral &#8220;B&#8221;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 117.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Office Book,sans-serif; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Other Collateral (not included in the
sections above)</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Preferred collateral received for loans are
reported in Exhibit &#8220;B&#8221; to these consolidated financial statements.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>Credit quality of financial assets which
are not past due or impaired </B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The Group relies on certain tools (&#8220;scoring&#8221;
and &#8220;rating&#8221;) to classify the credit quality of its transactions and customers, based on an assessment and subsequent mapping
to probability of default (&#8220;PD&#8221;) scales. In analyzing the PD performance, the Group relies on certain monitoring tools and
historical databases that contain relevant information generated in-house. These tools can be grouped in scoring and rating models. The
main difference between both lies in the fact that scoring models are used to assess retail products, while rating models are intended
for wholesale banking customers.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The Group calculates these different levels
and their associated probabilities of default by reference to rating scales and default rates. These calculations establish the PD levels
for the Bank's Master Rating Scale. Even though this scale is common to the whole Group, adjustments (mapping of scores to PD sections
/ Master Rating Scale levels) are made at the tool level per each country where the Group has tools available.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>Financial Risks</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Financial Risk applies the criteria, policies
and procedures defined by the Board of Directors within the management of that risk, with follow-up and control on its proper application,
and proposing the necessary actions to maintain the quality of risk within the defined risk appetite.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The financial risks management model of BBVA
Argentina consists of the Market Risk, Structural Risk and Economic Capital Areas, which are coordinated for risks control and follow-up.</P>


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<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The management of these risks is in line
with the basic principles of the Basel Committee on Banking Supervision, with a comprehensive process to identify, measure, monitor and
control risks.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The organization of financial risks is completed
with a scheme of committees, in which it participates, created for the purpose of having an agile management process integrated into the
treatment of the various risks.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Among others:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Office Book,sans-serif; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Assets and liabilities Committee (ALCO)</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Office Book,sans-serif; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Risk Management Committee (RMC)</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Office Book,sans-serif; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Financial Risks Committee (FRC)</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">BBVA Argentina has many tools and systems
to manage and follow-up market risk, to achieve effective risk control and treatment.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B><U>Market Risk</U></B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">BBVA Argentina considers market risk as the
likelihood of losing value of the trading portfolio as a consequence of adverse changes in market variables affecting the valuation of
financial products and instruments.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The main market risk factors the Entity is
exposed to are as follows:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Interest rate risk: From exposure to
changes in the various interest rate curves.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Foreign exchange risk: From changes
in the various foreign exchange rates. All positions in a currency other than the financial statements currency create foreign exchange
risk.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The main market risk metric is VaR (&#8220;Value
at Risk&#8221;), a parameter to estimate the maximum loss expected for the trading portfolio positions with a 99% confidence level and
a time horizon of 1 day.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Current management structure and procedures
in force include follow-up on a limit and alert arrangement in terms of VaR, economic capital, stress and stop loss.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The market risk measurement model is periodically
validated through Back-Testing to determine the quality and precision of the VaR estimate.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The Market Risk management model contemplates
procedures for communication in the event the risks levels defined are exceeded, establishing specific communication and action procedures
based on the exceeded threshold.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The market risk measurement perimeter is
the trading book managed by the Global Markets unit. The trading book mainly consists of:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 53.45pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Argentine Government Securities (Argentine
Treasury bonds and bills).</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 53.45pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">BCRA Liquidity Bills</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 53.45pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Corporate Bonds.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 53.45pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Foreign exchange spot.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 53.45pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Derivatives (Exchange rate Futures and
Forwards).</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The following tables show changes in total
VaR and VaR per risk factors.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->98<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">VaR (in millions of pesos)</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 40%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 30%; border-bottom: black 1pt solid; padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; color: #072146; line-height: 112%"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: top; width: 30%; border-bottom: black 1pt solid; padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; color: #072146; line-height: 112%"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 112%; text-indent: 35.45pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; line-height: 112%">Average</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: right; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">2,735.59</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: right; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">303.54</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 11.2pt; text-indent: 35.45pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Minimum</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: right; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">273.39</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: right; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">24.49</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 11.2pt; text-indent: 35.45pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Maximum</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: right; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">9,720.95</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: right; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">1,586.80</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 112%; text-indent: 35.45pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; line-height: 112%">Closing</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: right; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">3,907.74</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: right; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">296.22</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 106.3pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/112% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">VaR per risk factors &#8211; (in millions
of pesos)</P>

<P STYLE="font: 10pt/112% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 46%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 11.2pt; text-indent: 2.4pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B><U>VaR Interest rate</U></B></FONT></TD>
    <TD STYLE="width: 28%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 112%; text-indent: 0.3in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; line-height: 112%"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 26%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 112%; text-indent: 0.3in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; line-height: 112%"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 112%; text-indent: 35.45pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; line-height: 112%">Average</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: right; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">2,736.58</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: right; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">336.97</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 11.2pt; text-indent: 35.45pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Minimum</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: right; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">257.73</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: right; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">29.58</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 11.2pt; text-indent: 35.45pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Maximum</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: right; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">9,715.07</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: right; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">2,163.96</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 112%; text-indent: 35.45pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; line-height: 112%">Closing</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: right; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">3,911.14</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: right; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">298.78</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 112%; text-indent: 2.4pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; line-height: 112%"><B><U>VaR Exchange rate</U></B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 112%; text-indent: 0.3in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; line-height: 112%"><B>12.31.24</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 112%; text-indent: 17.25pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; line-height: 112%"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 112%; text-indent: 35.45pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; line-height: 112%">Average</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: right; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">29.30</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: right; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">7.24</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 11.2pt; text-indent: 35.45pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Minimum</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: right; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">3.59</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: right; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">0.29</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 11.2pt; text-indent: 35.45pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Maximum</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: right; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">123.48</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: right; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">190.63</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 112%; text-indent: 35.45pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; line-height: 112%">Closing</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: right; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">16.21</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: right; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">12.28</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>&nbsp;</B></P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->99<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/112% Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 7.1pt 0 35.45pt; text-align: justify"><U>Currency risk</U></P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 7.1pt 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/11.2pt BBVA Benton Sans Book; margin: 0; text-align: justify; text-indent: 28.35pt">The position in foreign currency
is shown below:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>ACCOUNTS</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD COLSPAN="4" STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>AS OF 12.31.24&nbsp;&nbsp;&nbsp;&nbsp;(per currency)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>TOTAL</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 36%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>AS OF</B></FONT></TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 10%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 8%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 11%; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>AS OF</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>ASSETS</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Dollar</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Euro</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Real</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Other</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">Cash and deposits in banks </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">2,345,962,528</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">2,303,474,291</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">39,071,194</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">664,039</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">2,753,004</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">2,344,694,623</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">Debt securities at fair value through profit or loss </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">66,219</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">66,219</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">&#8212;</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">&#8212;</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">&#8212;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">490,401,598</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">Other financial assets</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">44,402,199</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">44,305,623</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">96,576</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">&#8212;</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">&#8212;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">83,355,869</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">Loans and other financing </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">1,285,842,873</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">1,283,269,614</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">2,573,259</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">&#8212;</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">&#8212;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">428,900,800</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 12pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Non-financial government sector </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">3,314</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">3,314</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#8212;</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#8212;</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#8212;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">3,872</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 12pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Other financial institutions </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">4,453</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">4,453</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#8212;</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#8212;</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#8212;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">9,011</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 12pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Non-financial private sector and residents abroad </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,285,835,106</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,283,261,847</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,573,259</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#8212;</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#8212;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">428,887,917</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">Other debt securities </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">71,866,052</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">71,866,052</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">&#8212;</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">&#8212;</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">&#8212;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">161,297,397</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">Financial assets pledged as collateral </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">67,802,233</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">67,802,233</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">&#8212;</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">&#8212;</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">&#8212;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">92,371,297</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">Investments in equity instruments </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">770,488</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">735,975</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">34,513</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">&#8212;</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">&#8212;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">941,205</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>TOTAL ASSETS</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>3,816,712,592</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>3,771,520,007</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>41,775,542</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>664,039</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>2,753,004</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>3,601,962,789</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 14.15pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>ACCOUNTS</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD COLSPAN="4" STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>AS OF 12.31.24&nbsp;&nbsp;&nbsp;&nbsp;(per currency)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>TOTAL</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 36%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>AS OF</B></FONT></TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 10%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 8%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 11%; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>AS OF</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>LIABILITIES</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Dollar</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Euro</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Real</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Other</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">Deposits </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">3,595,692,416</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">3,565,638,416</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">30,054,000</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">&#8212;</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">&#8212;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">2,791,388,887</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 12pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Non-financial government sector </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">90,397,320</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">90,396,802</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">518</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#8212;</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#8212;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">48,200,556</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 12pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Financial sector </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,638,005</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,629,696</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">8,309</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#8212;</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#8212;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,376,470</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 12pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Non-financial private sector and residents abroad </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">3,503,657,091</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">3,473,611,918</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">30,045,173</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#8212;</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&#8212;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,741,811,861</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">Other financial liabilities </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">184,601,391</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">180,539,108</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">3,059,414</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">&#8212;</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">1,002,869</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">174,058,115</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">Financing received from the BCRA and other financial institutions</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">43,783,095</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">41,560,479</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">2,222,616</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">&#8212;</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">&#8212;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">6,792,230</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">Other non-financial liabilities </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">77,399,790</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">44,784,051</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">32,615,739</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">&#8212;</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">&#8212;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">134,777,707</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>TOTAL LIABILITIES</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>3,901,476,692</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1.5pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>3,832,522,054</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1.5pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>67,951,769</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1.5pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>&#8212;</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1.5pt double; padding-right: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>1,002,869</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1.5pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>3,107,016,939</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 35.45pt; text-align: justify">The notional amounts of the foreign currency
forward, forward transactions and interest rate swaps are detailed in Note 5.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 35.45pt; text-align: justify"><U>Interest rate risk</U></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 35.45pt; text-align: justify">Structural interest risk (SIR) gathers
the potential impact of market interest rate variations on the margin of interest and the equity value of BBVA Argentina.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 35.45pt; text-align: justify">The process to manage this risk has a
limit structure to keep the exposure to this risk within levels that are consistent with the risk appetite and the business strategy defined
and approved by the Board of Directors.</P>


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<P STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin: 0 7.1pt 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 35.45pt; text-align: justify">Within the core metrics used for measurement,
follow-up and control, the following stand out:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 53.45pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify; padding-right: 7.1pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Margin at Risk
(MaR): It quantifies the maximum loss which may be recorded in the financial margin projected over 12 months under the worst-case scenario
of rate curves for a certain level of confidence.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 53.45pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify; padding-right: 7.1pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Economic Capital
(EC): It quantifies the maximum loss which may be recorded in the Entity's economic value under the worst-case scenario of rate curves
for a certain level of confidence.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 35.45pt; text-align: justify">The Bank additionally carries out a sensitivity
analysis on the economic value and the financial margin for parallel variations by +/- 100 basis points over interest rates.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 35.45pt; text-align: justify">The following table shows the progress
of the sensitivity of the economic value (SEV), given a variation of +100 basis points in relation to the Core Capital:</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 35.45pt; text-align: justify"><B>SEV +100 bps</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; text-indent: 28.35pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 40%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; vertical-align: top; width: 30%; padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; color: #072146; line-height: 112%"><B>12.31.24</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; vertical-align: top; width: 30%; padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; color: #072146; line-height: 112%"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 1.15pt; padding-bottom: 1pt; text-align: justify; line-height: 112%; text-indent: 35.45pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; line-height: 112%">Closing</FONT></TD>
    <TD STYLE="padding-top: 1.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">0.94 %</FONT></TD>
    <TD STYLE="padding-top: 1.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">1.09 %</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-top: 2.15pt; padding-bottom: 1pt; text-align: justify; line-height: 11.2pt; text-indent: 35.45pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Minimum</FONT></TD>
    <TD STYLE="padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">0.30 %</FONT></TD>
    <TD STYLE="padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">0.67 %</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.15pt; padding-bottom: 1pt; text-align: justify; line-height: 11.2pt; text-indent: 35.45pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Maximum</FONT></TD>
    <TD STYLE="padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">0.94 %</FONT></TD>
    <TD STYLE="padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">1.09 %</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-top: 2.15pt; padding-bottom: 1pt; text-align: justify; line-height: 112%; text-indent: 35.45pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; line-height: 112%">Average</FONT></TD>
    <TD STYLE="padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">0.63 %</FONT></TD>
    <TD STYLE="padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">0.79 %</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 35.45pt; text-align: justify">The following table shows the progress
of the sensitivity of the financial margin (SFM), given a variation of -100 basis points in relation to the 12-month projected margin:</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; text-indent: 28.35pt"><B>SFM -100 bps</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 40%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; vertical-align: top; width: 30%; padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; color: #072146; line-height: 112%"><B>12.31.24</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; vertical-align: top; width: 30%; padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; color: #072146; line-height: 112%"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 1.15pt; padding-bottom: 1pt; text-align: justify; line-height: 112%; text-indent: 35.45pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; line-height: 112%">Closing</FONT></TD>
    <TD STYLE="padding-top: 1.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">0.77 %</FONT></TD>
    <TD STYLE="padding-top: 1.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">0.30 %</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-top: 2.15pt; padding-bottom: 1pt; text-align: justify; line-height: 11.2pt; text-indent: 35.45pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Minimum</FONT></TD>
    <TD STYLE="padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">0.11 %</FONT></TD>
    <TD STYLE="padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">0.11 %</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.15pt; padding-bottom: 1pt; text-align: justify; line-height: 11.2pt; text-indent: 35.45pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Maximum</FONT></TD>
    <TD STYLE="padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">0.77 %</FONT></TD>
    <TD STYLE="padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">0.35 %</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-top: 2.15pt; padding-bottom: 1pt; text-align: justify; line-height: 112%; text-indent: 35.45pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; line-height: 112%">Average</FONT></TD>
    <TD STYLE="padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">0.44 %</FONT></TD>
    <TD STYLE="padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">0.24 %</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>Liquidity and financing risk</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 28.35pt; text-align: justify">Liquidity risk is defined as the possibility
that the Entity may not efficiently meet its payment obligations, without incurring significant losses that may affect its daily operations
or its financial position.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 28.35pt; text-align: justify">The short-term purpose of the liquidity
and financing risk management process at BBVA Argentina is to timely and duly address payment commitments agreed, without resorting to
additional funding deteriorating the Entity's reputation or significantly affecting its financial position, keeping the exposure to this
risk within levels that are consistent with the risk appetite and the business strategy defined and approved by the Board of Directors.
In the medium and long term, such process is aimed at watching for the suitability of the financial structure of the Bank and its changes,
according to the economic situation, the markets, and the regulatory changes.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 28.35pt; text-align: justify">Within the core metrics used for measurement,
follow-up and control of this risk, the following stand out:</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 28.35pt; text-align: justify">LtSCD (Loan to Stable Customers Deposits):
It measures the relationship between the net credit investment and the customers&#8217; stable resources and is set forth as the key metric
of risk appetite. The goal is to preserve a stable financing structure in the medium and long term.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 28.35pt; text-align: justify">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->101<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Changes in LtSCD ratios are summarized below:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 38%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; vertical-align: top; width: 31%; padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; color: #072146; line-height: 112%"><B>12.31.24</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; vertical-align: top; width: 31%; padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; color: #072146; line-height: 112%"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 1.15pt; padding-bottom: 1pt; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; line-height: 112%">LtSCD Closing</FONT></TD>
    <TD STYLE="padding-top: 1.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">88.90 %</FONT></TD>
    <TD STYLE="padding-top: 1.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">59.70 %</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 11.2pt; text-indent: 35.45pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Maximum</FONT></TD>
    <TD STYLE="padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">88.90 %</FONT></TD>
    <TD STYLE="padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">80.30 %</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 11.2pt; text-indent: 35.45pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Minimum</FONT></TD>
    <TD STYLE="padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">57.70 %</FONT></TD>
    <TD STYLE="padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">58.20 %</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%; text-indent: 35.45pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; line-height: 112%">Average</FONT></TD>
    <TD STYLE="padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">74.60 %</FONT></TD>
    <TD STYLE="padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">62.70 %</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 28.35pt; text-align: justify">LCR (Liquidity Coverage Ratio): It measures
the relation between high quality liquid assets and total net cash outflows during a 30-day period. BBVA Argentina, as established in
the regulations issued by the BCRA, &#8220;A&#8221; 5693, calculates the liquidity coverage coefficient daily.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; text-indent: 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Changes in LCR ratios are summarized below:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 34%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; vertical-align: top; width: 33%; padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; color: #072146; line-height: 112%"><B>12.31.24</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; vertical-align: top; width: 33%; padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; color: #072146; line-height: 112%"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 1.15pt; padding-bottom: 1pt; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; line-height: 112%">LCR Closing</FONT></TD>
    <TD STYLE="padding-top: 1.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">141 %</FONT></TD>
    <TD STYLE="padding-top: 1.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">271 %</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 11.2pt; text-indent: 35.45pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Maximum</FONT></TD>
    <TD STYLE="padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">246 %</FONT></TD>
    <TD STYLE="padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">433 %</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 11.2pt; text-indent: 35.45pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Minimum</FONT></TD>
    <TD STYLE="padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">137 %</FONT></TD>
    <TD STYLE="padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">151 %</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%; text-indent: 35.45pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; line-height: 112%">Average</FONT></TD>
    <TD STYLE="padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">176 %</FONT></TD>
    <TD STYLE="padding-top: 2.15pt; padding-bottom: 1pt; text-align: center; line-height: 112%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; line-height: 112%">246 %</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 28.35pt; text-align: justify">Concentration of deposits as of December
31, 2024 and 2023 is exposed in Exhibit H to these consolidated financial statements.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 35.45pt; text-align: justify">&nbsp;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The following charts show the breakdown by
term of loans, other financing and financial liabilities considering the total contractual amounts to their due date, as of December 31,
2024 and 2023:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Assets - Exhibit D (*)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Liabilities -Exhibit I (*)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 30%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-top: black 2.25pt solid; border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-top: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="width: 15%; border-top: black 2.25pt solid; border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 18%; border-top: black 2.25pt solid; border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-top: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="width: 17%; border-top: black 2.25pt solid; border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #070321">Up to 1 month</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">3,021,473,708</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,064,451,238</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">10,488,823,051</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">8,428,811,205</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #070321">From 1 month to 3 months</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,502,715,250</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">812,176,934</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">642,720,479</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">627,466,145</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #070321">From 3 months to 6 months</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,189,985,899</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">766,359,510</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">295,112,417</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">218,637,104</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #070321">From 6 months to 12 months</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">894,151,306</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">678,828,458</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">214,608,934</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">73,441,349</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #070321">From 12 months to 24 months</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,000,563,315</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">458,095,457</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">27,626,562</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">25,510,631</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #070321">More than 24 months</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,862,576,846</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">760,580,740</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">20,770,224</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">40,703,755</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #070321">TOTAL</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>9,471,466,324</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>5,540,492,337</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>11,689,661,667</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>9,414,570,189</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify"><SUB>(*)The figures of this chart include
the amounts for interest accrued and to be accrued. For floating-rate instruments, interest was calculated using the current rate.</SUB></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify; text-indent: 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">In addition, the Bank has issued financial
guarantees and credit commitments with the following breakdown by term considering their maturity date as of December 31, 2024 and 2023:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 44%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 26%; border-bottom: black 2.25pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 22%; border-bottom: black 2.25pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Up to 1 month</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">11,945,342,933</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">4,115,344,661</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">From 1 month to 3 months</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">26,919,305</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">47,975,606</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">From 3 months to 6 months</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">23,867,217</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">30,306,102</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">From 6 months to 12 months</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">107,666,815</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">50,224,779</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">From 12 months to 24 months</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">79,504,722</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">49,525,587</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">More than 24 months</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">10,364,452</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">11,272,679</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>TOTAL</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-top: 0.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12,193,665,444</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-top: 0.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>4,304,649,414</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->103<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The amounts of the Group's financial assets
and liabilities, which are expected to be collected or paid twelve months after the reporting date, are disclosed below:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 54%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Financial assets</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 3%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 5%">&nbsp;</TD>
    <TD STYLE="width: 17%; border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 5%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Debt securities at fair value through profit or loss</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">11,813,374</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">3,596,683</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Loans and other financing</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,863,140,161</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,218,676,198</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other debt securities</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">661,331,314</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">289,772,324</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Financial assets pledged as collateral</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">25,757,300</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">74,955,190</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Total</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>3,562,042,149</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>1,587,000,395</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Financial liabilities</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Deposits</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">3,215</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">630,083</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other financial liabilities</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">23,930,280</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">48,125,310</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Financing received from the BCRA and other financial institutions</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">18,121,437</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">17,458,993</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>
    <P STYLE="font: 9pt BBVA Benton Sans Book; margin: 0">Corporate bonds issued</P>
    <P STYLE="font: 9pt BBVA Benton Sans Book; margin: 0">&nbsp;</P></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">6,341,854</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Total</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>48,396,786</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>66,214,386</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 3.1pt 8pt 28.35pt; text-align: justify"><B>Refinancing and restructuring agreements
</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 3.1pt 8pt 28.35pt; text-align: justify"><I>Policies and principles on refinancing
and restructuring agreements </I></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 3.1pt 8pt 28.35pt; text-align: justify">Refinancing and restructuring transactions
are carried out with customers who have requested such an operation in order to meet their current loan payments if they are expected,
or may be expected, to experience financial difficulty in making payments in the future.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 3.1pt 8pt 28.35pt; text-align: justify">The basic aim of a refinancing and
restructuring operation is to provide the customer with a situation of financial viability over time by adapting the repayment of the
loan entered into with the Group to the customer&#8217;s new situation of fund generation. The use of refinancing and restructuring for
other purposes, such as to delay loss recognition, is contrary to the Group&#8217;s policies.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 3.1pt 8pt 28.35pt; text-align: justify">The Group&#8217;s refinancing and restructuring
policies are based on the following general principles:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify; padding-right: 3.1pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Refinancing and
restructuring is authorized according to the capacity of customers to pay the new installments. This is done by first identifying the
origin of the payment difficulties and then carrying out an analysis of the customers&#8217; viability, including an updated analysis
of their economic and financial situation and capacity to pay and generate funds. If the customer is a company, the analysis also covers
the situation of the industry in which it operates. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify; padding-right: 3.1pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">With the aim of
increasing the solvency of the operation, new guarantees and/or guarantors of demonstrable solvency are obtained where possible. An essential
part of this process is an analysis of the effectiveness of both the new and original guarantees.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify; padding-right: 3.1pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">This analysis
is carried out from the overall customer or group perspective.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify; padding-right: 3.1pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Refinancing and
restructuring operations do not in general increase the amount of the customer&#8217;s loan, except for the expenses inherent to the operation
itself. </FONT></TD></TR></TABLE>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->104<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin: 0 3.1pt 8pt 28.35pt; text-align: justify; text-indent: 2.25pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify; padding-right: 3.1pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">The capacity to
refinance and restructure loans is not delegated to the branches, but decided by the risk units.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify; padding-right: 3.1pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">The decisions
made are reviewed from time to time with the aim of evaluating full compliance with refinancing and restructuring policies. </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 3.1pt 8pt 28.35pt; text-align: justify">In the case of retail customers (private
individuals), the main aim of the Group&#8217;s policy on refinancing and restructuring loans is to avoid default arising from a customer&#8217;s
temporary liquidity problems by implementing structural solutions that do not increase the balance of the customer&#8217;s loan. The solution
required is adapted to each case and the loan repayment is easened, in accordance with the following principles:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify; padding-right: 3.1pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Analysis of the
viability of the operations based on the customer&#8217;s willingness and ability to pay, which may be reduced, but should nevertheless
be present. The customer must therefore repay at least the interest on the operation in all cases. No arrangements may be concluded that
involve a grace period for both principal and interest. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify; padding-right: 3.1pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Refinancing and
restructuring of operations is only allowed on those loans in which the Group originally entered into. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify; padding-right: 3.1pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Customers subject
to refinancing and restructuring operations are excluded from marketing campaigns of any kind.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 3.1pt 8pt 28.35pt; text-align: justify">Under restructuring or refinancing,
the cure period is defined as one year from the latter of:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify; padding-right: 3.1pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">The moment of
extending the restructuring measures. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify; padding-right: 3.1pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">The moment when
the exposure has been classified as defaulted. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify; padding-right: 3.1pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">The end of the
grace period included in the restructuring agreements. </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 3.1pt 8pt 28.35pt; text-align: justify">Additionally, this period should not
be shorter than the period during which material payment has been made by the customer.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 3.1pt 8pt 28.35pt; text-align: justify">During the cure period, facilities
have a PD of 100% assigned and are classified as Stage 3.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 3.1pt 8pt 28.35pt; text-align: justify">Once the cure period for Stage 3 is
finished, the contract refinancing and restructuring is transferred to Stage 2 for two additional years.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 3.1pt 8pt 28.35pt; text-align: justify">The following table provides information
about the Group's refinanced assets:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 56%; padding-right: 2.65pt; padding-left: 2.65pt">&nbsp;</TD>
    <TD STYLE="width: 2%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 20%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 2%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 20%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Refinanced assets</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">25,937,582</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">21,512,288</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Allowance for loan losses</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(15,725,577)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(12,767,907)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The following table includes Stage 2 and
3 assets refinanced during the year, with the relevant loss due to modification suffered by the Group:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->105<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 56%; padding-right: 2.65pt; padding-left: 2.65pt">&nbsp;</TD>
    <TD STYLE="width: 2%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 20%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 2%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 20%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Additions of financial assets at amortized cost modified&nbsp;&nbsp;during the year</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">19,990,358</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">17,926,003</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Net loss from modifications</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(689,942)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(956,980)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The following table shows the gross book
value of financial assets modified for which the provision for losses changed to the 12-month ECL measurement during the year:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>After modification</B></FONT></TD></TR>
  <TR>
    <TD STYLE="width: 54%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 2%; padding-right: 2.65pt; padding-left: 2.65pt">&nbsp;</TD>
    <TD STYLE="width: 21%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Gross book value</B></FONT></TD>
    <TD STYLE="width: 2%; border-top: black 1pt solid; padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 21%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Applicable ECL</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Financial assets remedied since modification and now measured with 12-month ECL (Stage 1)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">94,200</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,373</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Financial assets returned to remaining life ECL (Stage 2/3) once remedied</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">131,827</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">6,204</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>After modification</B></FONT></TD></TR>
  <TR>
    <TD STYLE="width: 54%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD>
    <TD STYLE="width: 2%; padding-right: 2.65pt; padding-left: 2.65pt">&nbsp;</TD>
    <TD STYLE="width: 21%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Gross book value</B></FONT></TD>
    <TD STYLE="width: 2%; border-top: black 1pt solid; padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 21%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Applicable ECL</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Financial assets remedied since modification and now measured with 12-month ECL (Stage 1)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">294,263</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,003</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Financial assets returned to remaining life ECL (Stage 2/3) once remedied</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,353,794</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">34,500</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 3.1pt 8pt 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->106<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #004481"><B>43.2. Exposure to credit
risk and allowances</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Below is the exposure to credit risks and
allowances, measured in accordance with IFRS 9 as per BCRA (expected loss model, except for non-financial government sector's financial
assets), as of December 31, 2024 and 2023:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 14.2pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="2" STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 5pt/5pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>Exposure to default - </B></P>
    <P STYLE="font: 5pt/5pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>Credit Investment</B></P></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Stage 1</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Stage 2</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Stage 3</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Total</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Collective</B></FONT></TD>
    <TD STYLE="border-top: black 2.25pt solid; border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Individual</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Collective</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Individual</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="width: 37%; border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Balances as of 12.31.23</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>4,139,686,106</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>435,141,665</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>15,095,301</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>68,345,194</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>8,320,120</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>4,666,588,386</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Inter-stage Transfers:</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;From stage 1 to stage 2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(837,319,455)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">804,869,883</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">5,915,233</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(26,534,339)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;From stage 2 to stage 1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">603,549,865</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(520,148,591)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(3,840,477)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">79,560,797</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;From stage 1 or 2 to stage 3</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(18,749,254)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(150,272,911)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(127,573)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">175,087,957</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">121,679</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">6,059,898</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;From stage 3 to stage 1 or 2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,891,706</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">7,880,058</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(4,873)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(13,864,284)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(152,824)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(4,250,217)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Changes without inter-stage transfers</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">1,421,462,687</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">123,019,264</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">14,085,886</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(842,642)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">2,930,990</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">1,560,656,185</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Newly originated financial assets</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">11,007,340,248</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">103,951,010</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">12,951,056</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">21,793,244</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">236,952</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">11,146,272,510</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Reimbursements</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(5,702,770,221)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(129,387,638)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(14,475,739)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(30,077,699)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(522,112)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(5,877,233,409)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Write-offs</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(62,971,100)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(1,828,294)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(64,799,394)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Foreign exchange differences</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">150,465,199</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">2,213,499</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">2,101,449</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">15,072</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">958,669</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">155,753,888</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Inflation adjustment</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(3,203,235,095)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(281,881,757)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(10,303,544)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(49,982,499)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(4,753,900)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(3,550,156,795)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Balances as of 12.31.24</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>7,562,321,786</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>395,384,482</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>21,396,719</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>107,503,243</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>5,311,280</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>8,091,917,510</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="2" STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 5pt/5pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>Exposure to default - </B></P>
    <P STYLE="font: 5pt/5pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>Credit Investment</B></P></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Stage 1</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Stage 2</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Stage 3</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Total</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Collective</B></FONT></TD>
    <TD STYLE="border-top: black 2.25pt solid; border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Individual</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Collective</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Individual</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="width: 37%; border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Balances as of 12.31.22</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>4,797,459,525</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>415,395,375</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>30,025,289</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>74,794,712</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>10,518,892</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>5,328,193,793</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Inter-stage Transfers:</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;From stage 1 to stage 2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(989,087,309)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">975,117,458</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">57</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(13,969,794)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;From stage 2 to stage 1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">664,703,804</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(588,489,919)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(3,395,564)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">72,818,321</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;From stage 1 or 2 to stage 3</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(19,926,600)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(158,949,974)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(4,916,802)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">181,726,964</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">5,034,514</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,968,102</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;From stage 3 to stage 1 or 2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">4,482,570</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9,938,627</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3,672,288</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(18,343,970)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(4,091,886)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(4,342,371)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Changes without inter-stage transfers</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">1,290,605,507</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">180,870,662</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">5,788,598</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(10,476,405)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">3,218,655</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">1,470,007,017</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Newly originated financial assets</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">7,991,379,351</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">149,825,514</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">73,438,205</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">16,255,562</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">4,115,479</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">8,235,014,111</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Reimbursements</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(5,139,177,952)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(113,884,557)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(73,995,344)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(26,716,922)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(5,745,330)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(5,359,520,105)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Write-offs</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(58,657,193)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(2,219,251)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(60,876,444)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Foreign exchange differences</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">457,135,028</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">14,659,263</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">10,380,602</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">160,354</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">6,761,440</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">489,096,687</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Inflation adjustment</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(4,917,887,818)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(449,340,784)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(25,902,028)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(90,397,908)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(9,272,393)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(5,492,800,931)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Balances as of 12.31.23</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>4,139,686,106</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>435,141,665</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>15,095,301</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>68,345,194</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>8,320,120</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>4,666,588,386</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="2" STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 5pt/5pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>Exposure to default - </B></P>
    <P STYLE="font: 5pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>Contingent</B></P></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Stage 1</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Stage 2</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Stage 3</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Total</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Collective</B></FONT></TD>
    <TD STYLE="border-top: black 2.25pt solid; border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Individual</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Collective</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Individual</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="width: 38%; border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Balances as of 12.31.23</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>1,274,815,404</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>133,320,842</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>392,084</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>451,089</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>753</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 11%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>1,408,980,172</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Inter-stage Transfers:</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;From stage 1 to stage 2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(234,954,965)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">208,668,179</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">71,708</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(26,215,078)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;From stage 2 to stage 1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">282,600,695</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(192,561,880)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(252,306)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">89,786,509</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;From stage 1 or 2 to stage 3</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(2,055,990)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(680,161)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(284)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,765,558</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">208</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(970,669)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;From stage 3 to stage 1 or 2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,000,777</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">339,440</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">284</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(1,015,178)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(1,342)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">323,981</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Changes without inter-stage transfers</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">2,466,252,715</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">106,996,063</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(1,324,084)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">298,641</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">6,858</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">2,572,230,193</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Newly originated financial commitments</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">1,087,873,500</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">52,586,237</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">2,892,098</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">222,498</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">1,143,574,333</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Reimbursements</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(493,088,612)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(56,648,154)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(494,000)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(423,595)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(69)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(550,654,430)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Write-offs</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(1,822)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(1,822)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Foreign exchange differences</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">40,682,101</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">1,893,004</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">408,500</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">42,983,605</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Inflation adjustment</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(1,112,263,685)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(94,947,309)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(919,843)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(349,581)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(4,433)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(1,208,484,851)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Balances as of 12.31.24</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>3,310,861,940</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>158,966,261</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>774,157</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>947,610</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>1,975</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>3,471,551,943</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>


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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="2" STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 5pt/5pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>Exposure to default - </B></P>
    <P STYLE="font: 5pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>Contingent</B></P></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Stage 1</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Stage 2</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Stage 3</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Total</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Collective</B></FONT></TD>
    <TD STYLE="border-top: black 2.25pt solid; border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Individual</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Collective</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Individual</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="width: 37%; border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Balances as of 12.31.22</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>1,321,683,381</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>124,417,490</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>417,739</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>453,972</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>1,065</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>1,446,973,647</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Inter-stage Transfers:</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;From stage 1 to stage 2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(254,854,479)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">237,205,389</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">16,657</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(17,632,433)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;From stage 2 to stage 1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">218,840,681</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(177,171,409)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(67,147)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">41,602,125</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;From stage 1 or 2 to stage 3</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(1,545,425)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(1,126,681)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(246)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,462,449</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">322</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(1,209,581)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;From stage 3 to stage 1 or 2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">457,019</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">541,548</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">268</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(1,053,689)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(21,506)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(76,360)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Changes without inter-stage transfers</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">591,409,436</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">66,443,885</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">203,362</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">380,919</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">26,700</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">658,464,302</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Newly originated financial commitments </FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">984,079,857</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">35,642,932</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">323,828</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">331,158</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">1,020,377,775</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Reimbursements</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(421,131,951)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(52,529,209)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(140,270)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(545,315)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(1,422)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(474,348,167)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Write-offs</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(1,154)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(1,154)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Foreign exchange differences</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">236,444,966</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">20,514,301</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">97,867</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">257,057,134</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Inflation adjustment</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(1,400,568,081)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(120,617,404)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(459,974)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(577,251)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(4,406)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(1,522,227,116)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Balances as of 12.31.23</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>1,274,815,404</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>133,320,842</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>392,084</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>451,089</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>753</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>1,408,980,172</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="2" STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Allowances - Credit Investment</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Stage 1</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Stage 2</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Stage 3</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Total</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Collective</B></FONT></TD>
    <TD STYLE="border-top: black 2.25pt solid; border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Individual</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Collective</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Individual</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="width: 37%; border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Balances as of 12.31.23</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>30,182,441</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>16,503,206</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>230,866</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>49,317,832</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>5,980,331</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>102,214,676</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Inter-stage Transfers:</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">&nbsp;&nbsp;&nbsp;&nbsp;From stage 1 to stage 2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(16,124,291)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">47,578,081</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">347,830</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">31,801,620</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">&nbsp;&nbsp;&nbsp;&nbsp;From stage 2 to stage 1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">5,250,908</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(17,717,381)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(45,399)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(12,511,872)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">&nbsp;&nbsp;&nbsp;&nbsp;From stage 1 or 2 to stage 3</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(1,261,890)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(26,350,084)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(4,107)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">102,528,347</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">2,829</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">74,915,095</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">&nbsp;&nbsp;&nbsp;&nbsp;From stage 3 to stage 1 or 2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">109,116</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">568,706</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(9,484,619)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(100,109)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(8,906,906)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Changes without inter-stage transfers</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">15,589,734</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">15,603,546</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">653,697</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">30,435,361</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">2,922,053</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">65,204,391</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Newly originated financial assets</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">93,620,673</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">1,698,989</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">128,373</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">12,099,402</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">236,944</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">107,784,381</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Reimbursements</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(53,516,165)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(4,332,994)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(165,061)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(19,593,514)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(468,675)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(78,076,409)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Write-offs</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(6)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(50,406,351)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(1,785,614)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(52,191,971)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Foreign exchange differences</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">1,197,867</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">46,555</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">39,882</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">5,353</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">663,655</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">1,953,312</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Inflation adjustment</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(20,492,112)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(11,226,848)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(177,643)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(35,938,045)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(3,545,746)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(71,380,394)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Balances as of 12.31.24</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>54,556,281</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>22,371,770</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>1,008,438</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>78,963,766</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>3,905,668</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>160,805,923</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="2" STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Allowances - Credit Investment</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Stage 1</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Stage 2</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Stage 3</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Total</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Collective</B></FONT></TD>
    <TD STYLE="border-top: black 2.25pt solid; border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Individual</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Collective</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Individual</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="width: 37%; border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Balances as of 12.31.22</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>36,856,697</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>38,398,907</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>815,243</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>61,356,902</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>7,581,630</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>145,009,379</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Inter-stage Transfers:</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">&nbsp;&nbsp;&nbsp;&nbsp;From stage 1 to stage 2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(22,774,025)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">88,932,978</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">15</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">66,158,968</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">&nbsp;&nbsp;&nbsp;&nbsp;From stage 2 to stage 1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">10,020,586</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(40,738,217)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(44,935)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(30,762,566)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">&nbsp;&nbsp;&nbsp;&nbsp;From stage 1 or 2 to stage 3</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(1,220,560)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(47,120,627)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(165,027)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">108,913,847</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">3,222,910</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">63,630,543</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">&nbsp;&nbsp;&nbsp;&nbsp;From stage 3 to stage 1 or 2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">376,690</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">928,296</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(36,530)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(14,913,737)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(2,760,528)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(16,405,809)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Changes without inter-stage transfers</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">18,319,274</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">9,023,742</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(41,651)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">32,718,067</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">4,094,530</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">64,113,962</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Newly originated financial assets</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">64,054,854</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">2,706,669</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">1,967,604</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">10,347,983</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">2,803,528</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">81,880,638</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Reimbursements</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(44,688,890)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(3,707,452)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(1,926,858)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(19,509,676)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(4,297,979)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(74,130,855)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Write-offs</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(2)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(56,211,057)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(2,137,681)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(58,348,740)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Foreign exchange differences</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">4,587,516</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">393,247</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">383,578</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">20,269</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">4,587,074</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">9,971,684</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Inflation adjustment</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(35,349,701)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(32,314,335)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(720,573)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(73,404,766)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(7,113,153)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(148,902,528)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Balances as of 12.31.23</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>30,182,441</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>16,503,206</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>230,866</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>49,317,832</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>5,980,331</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>102,214,676</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->108<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="2" STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Allowances &#8211; Contingent</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Stage 1</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Stage 2</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Stage 3</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Total</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Collective</B></FONT></TD>
    <TD STYLE="border-top: black 2.25pt solid; border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Individual</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Collective</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Individual</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="width: 37%; border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Balances as of 12.31.23</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>10,217,322</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>2,498,089</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>6,352</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>283,283</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>551</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>13,005,597</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Inter-stage Transfers:</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">&nbsp;&nbsp;&nbsp;&nbsp;From stage 1 to stage 2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(2,434,920)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">6,061,055</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">4,619</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">3,630,754</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">&nbsp;&nbsp;&nbsp;&nbsp;From stage 2 to stage 1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1,936,559</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(4,318,846)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(4,464)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(2,386,751)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">&nbsp;&nbsp;&nbsp;&nbsp;From stage 1 or 2 to stage 3</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(45,352)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(66,759)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(11)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1,003,537</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">81</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">891,496</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">&nbsp;&nbsp;&nbsp;&nbsp;From stage 3 to stage 1 or 2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">39,028</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">16,131</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">6</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(611,374)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(22,743)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(578,952)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Changes without inter-stage transfers</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">1,448,987</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">2,590,230</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(34,551)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">273,611</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">31,926</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">4,310,203</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Newly originated financial commitments</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">18,208,338</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">720,836</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">59,442</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">144,462</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">19,133,078</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Reimbursements</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(4,578,926)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(1,091,098)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(10,539)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(243,098)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(51)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(5,923,712)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Write-offs</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(1,337)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(1,337)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Foreign exchange differences</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">392,144</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">15,136</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">7,464</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">414,744</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Inflation adjustment</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(7,650,729)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(1,830,316)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(17,039)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(212,281)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(4,900)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(9,715,265)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Balances as of 12.31.24</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>17,532,451</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>4,594,458</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>11,279</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>636,803</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>4,864</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>22,779,855</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="2" STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Allowances &#8211; Contingent</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Stage 1</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Stage 2</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Stage 3</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Total</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Collective</B></FONT></TD>
    <TD STYLE="border-top: black 2.25pt solid; border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Individual</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Collective</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Individual</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="width: 37%; border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Balances as of 12.31.22</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>11,918,098</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>5,984,412</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>29,174</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>337,665</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>706</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%; border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>18,270,055</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Inter-stage Transfers:</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">&nbsp;&nbsp;&nbsp;&nbsp;From stage 1 to stage 2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(3,600,012)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">12,503,769</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">542</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">8,904,299</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">&nbsp;&nbsp;&nbsp;&nbsp;From stage 2 to stage 1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">2,713,585</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(9,413,685)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(20,263)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(6,720,363)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">&nbsp;&nbsp;&nbsp;&nbsp;From stage 1 or 2 to stage 3</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(33,681)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(197,184)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(61)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">857,848</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">120</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">627,042</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">&nbsp;&nbsp;&nbsp;&nbsp;From stage 3 to stage 1 or 2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">75,742</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">59,012</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">4,375</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(843,456)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(57,021)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(761,348)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Changes without inter-stage transfers</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(4,472,823)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(2,260,074)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">14,764</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">463,359</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">66,620</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(6,188,154)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Newly originated financial commitments</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">16,717,879</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">745,670</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">12,939</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">227,974</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">17,704,462</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Reimbursements</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(3,735,742)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(1,027,477)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(10,287)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(337,861)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(6,058)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(5,117,425)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Write-offs</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(886)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(886)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Foreign exchange differences</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">2,000,236</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">110,693</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">2,461</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">2,113,390</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">Inflation adjustment</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(11,365,960)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(4,007,047)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(27,292)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(421,360)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(3,816)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481">(15,825,475)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Balances as of 12.31.23</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>10,217,322</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>2,498,089</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>6,352</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>283,283</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>551</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>13,005,597</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>44. Restrictions to the
distribution of earnings </B></P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 13.65pt; text-align: justify; text-indent: -3.3pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/11.2pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">a)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">In accordance with the regulations of
the BCRA, 20% of the income for the year plus/less adjustments of prior years' results, transfers from other comprehensive income to retained
earnings and less the accumulated loss at the end of the previous year, if any, must be allocated to the legal reserve. Therefore, the
next Shareholders&#8217; Meeting must apply 70,648,487 of Unappropriated retained earnings to increase the balance of such reserve.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">b)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">The mechanism to be followed by financial
to assess distributable balances is defined by the BCRA by means of the regulations in force on &#8220;Distribution of earnings&#8221;
provided that certain situations are not verified, namely: to receive financial assistance from such entity due to illiquidity, shortfalls
as regards minimum capital requirements or minimum cash requirements, to fall under the scope of the provisions of Sections 34 and 35
bis of the Financial Institutions Law (sections referred to regularization and correction plans and restructuring of the Entity), among
other conditions detailed in the referred communication to be complied with. Furthermore, the distribution of earnings as approved by
the Entity&#8217;s Shareholders&#8217; Meeting shall not be effective unless approved by the Superintendency of Financial and Foreign
Exchange Institutions of the BCRA.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify">In addition, no distributions of earnings
shall be made with the profit resulting from the first time application of IFRS, which shall be included as a special reserve, and the
balance of which as of December 31, 2024 amounts to 161,028,676.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 42.55pt; text-align: justify">Besides, the Entity shall verify that,
once the proposed distribution of earnings is made, capital conservation margin equivalent to 2.5% of the risk-weighted assets is kept,
which is additional to the minimum capital requirement set forth by law, and shall be paid in with level 1 ordinary capital (COn1), net
of deductible concepts (CDC0n1).</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 42.55pt; text-align: justify">Pursuant to Communication &quot;A&quot;
7984, the BCRA provided that until December 31, 2024, financial institutions that have the BCRA's prior authorization may distribute earnings
for up to 60% of the amount that would have corresponded to them in six equal, monthly and consecutive installments. In addition, it established
that the items used in determining the distributable earnings, and the amounts of the abovementioned installments should be computed in
constant pesos as of the date of the Shareholders&#8217; Meeting and as of the payment date of each installment, as applicable.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 42.55pt; text-align: justify">Subsequently, by means of Communication
&quot;A&quot; 7997, the BCRA established that financial institutions that resolve or have resolved to distribute earnings within the framework
of the provisions of Communication &quot;A&quot; 7984, may do so in three equal, monthly and consecutive installments for up to the corresponding
amount according to the aforementioned communication. The Communication also established that financial institutions should grant nonresident
shareholders the option to collect their dividends &#8211;in full or in part&#8211; in a single installment in cash, provided that such
funds be directly used for the primary subscription of Bonds for the reconstruction of a free Argentina (BOPREAL, for its acronym in Spanish)
in accordance with current exchange regulations.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">c)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Pursuant to the provisions of General
Resolution No. 622 of the CNV, the Shareholders&#8217; Meeting that considers the annual financial statements shall resolve upon the specific
use of accumulated earnings of the Entity.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt">On April 28, 2023, the General Ordinary and Extraordinary Shareholders&#8217;
Meeting was held and the following was approved:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 42.55pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Allocate 11,765,158 (79,782,573 in restated
amounts) out of Unappropriated retained earnings for fiscal year 2022 to the Legal Reserve.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Allocate 47,060,630 (319,130,293 in
restated amounts) to Unappropriated retained earnings for fiscal year 2022 to the Optional Reserve for future distribution of earnings.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Allocate 35,566,224 (169,587,609 in
nominal amounts) to the payment of dividends by partially reversing the Optional Reserve for future distribution of earnings.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Request the BCRA authorization to pay
dividends for 50,401,015 (in nominal values). </FONT></TD></TR></TABLE>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->110<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify">On May 31, 2023, the BCRA approved the
distribution of 50,401,015 as dividends which were paid in kind through the delivery of 49,524,433,015 Argentine discount government bills
in Argentine pesos (in nominal values), adjusted by CER and maturing on November 23, 2023, (X23N3).</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">On April 26, 2024, the General Ordinary and
Extraordinary Shareholders&#8217; Meeting was held and approved as follows:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 42.55pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">To allocate 32,908,378 (71,662,188 in
restated amounts) out of Unappropriated retained earnings for fiscal year 2023 to the Legal Reserve.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">To allocate 131,633,510 (286,648,751
in restated amounts) to Unappropriated retained earnings for fiscal year 2023 to the Optional Reserve for future distribution of earnings.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">To allocate 264,227,685 (507,501,293
in restated amounts) to the payment of dividends by partially reversing the Optional Reserve for future distribution of earnings.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Request the BCRA authorization to pay
dividends for 264,227,685 (507,501,293 in restated values). </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">On May 3, 2024, the BCRA approved the distribution
of 264,227,685 (507,501,293 in restated values) which were be paid as follows as established by Communications &#8220;A&#8221; 7997 and
&#8220;A&#8221; 7999:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.4pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Non-resident shareholders: they were
able to opt to collect their dividends in a single installment in cash, provided that such funds be directly used for the primary subscription
of BOPREAL. The payment in BOPREAL was made on the date of the calculation of the bid made by the BCRA. If they opted for the subscription
of BOPREAL, the payment was made in Argentine pesos unless they had stated their intention to receive payment through the delivery of
Argentine Treasury bonds in Argentine pesos adjusted by CER (benchmark stabilization coefficient) at 4.25% maturing on December 13, 2024
(&#8220;T5X4&#8221;).</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.4pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Resident shareholders: it was paid in
Argentine pesos unless they had stated their intention to receive the T5X4 bond. Resident shareholders were not allowed to subscribe BOPREAL.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Both the payment in T5X4 and in Argentine
pesos were made in three installments on May 14, June 11 and July 11, 2024.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">As of the date of these financial statements,
the payment of dividends for fiscal year 2023 was completed.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>&nbsp;</B></P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->111<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>45. Restricted assets</B></P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">As of December 31, 2024 and 2023, the Group
has the following restricted assets:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">a)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">The Entity applied the following assets
as security for loans agreed under the Global Credit Program for micro, small and medium-sized enterprises granted by the Inter-American
Development Bank (IDB).</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 10.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 64%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 4%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="background-color: white">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Argentine Treasury Bonds adjusted by CER. Maturity 2026</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">5,873</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Argentine Treasury Bonds adjusted by CER. Maturity 2024</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">27,871</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; padding-left: 42pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>5,873</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>27,871</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 6pt 0 6pt 60.7pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">b)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Also, the Entity has accounts, deposits
and trusts applied as guarantee for activities related to credit card transactions, with automated clearing houses, forward transactions,
foreign currency futures, court proceedings and leases in the amount of 462,967,978 and 569,743,007 as of December 31, 2024 and 2023,
respectively (see Note 10). </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>46. Banking deposits guarantee
insurance system</B></P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Law No. 24,485 and Decree No. 540/95 provided
for the creation of the Deposit Guarantee Insurance System, which was assigned the characteristics of being limited, mandatory and onerous,
with the purpose of covering the risks of bank deposits, in a subsidiary and complementary manner to the system of privileges and protection
of deposits established by the Financial Institutions Law.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">That law provided for the incorporation
of the company &#8220;Seguros de Dep&oacute;sitos Sociedad An&oacute;nima&#8221; (SEDESA) for the exclusive purpose of managing the Deposits
Guarantee Fund, the shareholders of which, pursuant to the changes introduced by Decree No. 1292/96, will be the BCRA with at least one
share and the trustees of the trust with financial institutions in the proportion determined by the BCRA for each, based on their contributions
to the Deposit Guarantee Fund.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Deposits in pesos and foreign currency
made with the participating entities under the form of checking accounts, savings accounts, time deposits or otherwise as determined by
the BCRA up to the amount of 25,000 and which meet the requirements of Decree No. 540/95 and those to be set forth by the enforcement
authority shall fall within the scope of said decree.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">In August 1995, that company was incorporated,
and the Entity has an 8.3672% share of the corporate stock as of December 31, 2023 (BCRA Communication &#8220;B&#8221; 12503).</P>

<P STYLE="font: 12pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">As of December 31, 2024 and 2023, the contributions
to the Fund have been recorded in the item &#8220;Other operating expenses - Contributions to the deposits guarantee fund&#8221; in the
amounts of 10,933,914 and 12,473,800, respectively.</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->112<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>47. Minimum cash and minimum
capital requirements</B></P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; color: #004481"><B>47.1. Minimum cash requirements</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 12pt 0 6pt 28.35pt; text-align: justify">The BCRA establishes different prudential
regulations to be observed by financial institutions, mainly regarding solvency levels, liquidity and credit assistance levels.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Minimum cash regulations set forth an obligation
to keep liquid assets in relation to deposits and other obligations recorded for each period. The items included for the purpose of meeting
that requirement are detailed below:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 60%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; color: #072146"><B>Accounts</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 3%">&nbsp;</TD>
    <TD STYLE="width: 17%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 3%">&nbsp;</TD>
    <TD STYLE="width: 17%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; color: #072146">Balances at the BCRA</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">BCRA - Current account not restricted</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">757,637,118</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">781,551,804</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 10pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">BCRA - Special guarantee accounts - restricted (Note 10)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">211,771,973</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">211,069,288</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>969,409,091</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>992,621,092</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Government securities in pesos &#8211; At amortized cost (1)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">159,904,307</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">210,536,162</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Government securities in pesos &#8211; At fair value through OCI (1)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,002,891,867</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,013,677,345</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Government securities in foreign currency &#8211; At fair value through OCI</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">470,852,827</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">BCRA Bills in pesos &#8211; At fair value through OCI</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">131,605,207</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>3,132,205,265</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>2,819,292,633</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">(1) See detail of securities considered
(identified with (1)), as of December 31, 2024, in Exhibit A to the consolidated financial statements.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt">The balances disclosed are consistent with those reported by
the Bank.</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; color: #004481"><B>47.2. Minimum cash requirements</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 12pt 28.35pt">The regulatory breakdown of minimum capital requirements is
as follows at the above-mentioned dates:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 35.45pt; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 54%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Minimum capital requirement</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 11%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 3%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Credit risk</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(724,705,937)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(483,634,440)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Operational risk</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(253,936,068)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(197,092,938)</FONT></TD></TR>

<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 54%; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Market risk</FONT></TD>
    <TD STYLE="width: 11%">&nbsp;</TD>
    <TD STYLE="width: 16%; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(2,505,620)</FONT></TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 16%; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(14,236,921)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Non-compliance (1)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(38,120,704)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Paid-in</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,298,928,651</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,483,906,175</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Surplus</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>1,317,781,026</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>1,750,821,172</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt">&nbsp;</P>

<P STYLE="font: 8pt/9.6pt BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify; text-indent: -14.2pt">(1) The increase observed
in the minimum capital requirement for credit risk is due to the non-compliance with the maximum limit established by the BCRA for the
financing to the non-financial government sector during 15 days of December 2023. According to the provisions of the regulations, this
non-compliance causes an increase in the minimum capital requirement for credit risk for an amount equivalent to 100% of the surplus,
as from the month in which the non-compliance occurs and for as long as it continues. In the case of credit ratios, the computation of
the deviation will be made on the basis of the monthly average of daily surpluses.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 49.6pt; text-align: justify; text-indent: -21.25pt; color: #072146"><B>48.
Compliance with the provisions to act in the different categories of agent defined by the Argentine Securities Commission</B></P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Considering the transactions carried out
by Banco BBVA Argentina S.A. and according to the different categories of agent set forth by General Resolution No. 622-13 of the CNV,
on September 9 and 19, 2014, the Entity was registered as Custodian Agent of Collective Investment Products of Mutual Funds under No.
4 and Settlement and Clearing Agent &#8211; Comprehensive (ALyC) under No. 42, respectively.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Section 8 of General Resolution No. 821 of
the CNV sets forth that the minimum shareholders&#8217; equity required to operate as ALyC shall be equal to 470,350 UVAs adjusted by
CER, Law No. 25827. As of December 31, 2024, it amounts to 611,855. The Entity&#8217;s shareholders&#8217; equity exceeds the minimum
shareholders&#8217; equity required by said resolution.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Besides, the required minimum contra-account
of 305,927, fifty percent (50%) of the minimum shareholders&#8217; equity amount, includes Argentine Treasury Bonds in pesos adjusted
by CER due 2026 as of December 31, 2024 deposited with the account opened at Caja de Valores S.A., named &#8220;Depositor 1647 Brokerage
Account 5446483 BBVA Banco Franc&eacute;s minimum cash contra-account&#8221;.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Furthermore, pursuant to the requirements
of General Resolution No. 792 issued by the CNV on April 30, 2019, mutual fund management companies&#8217; minimum shareholders&#8217;
equity will be comprised of 150,000 UVAs plus 20,000 UVAs, per each additional mutual fund under management. As concerns the cash contra-account,
the amount to be paid shall be equal to no less than fifty per cent (50%) of minimum shareholders' equity.</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The subsidiary BBVA Asset Management Argentina
S.A.U. Sociedad Gerente de Fondos Comunes de Inversi&oacute;n, as Mutual Funds Management Agent, registered on August 7, 2014 under No.
3, met the CNV minimum cash contra-account requirements with 5,725,353 shares of FBA Renta Pesos Fondo Com&uacute;n de Inversi&oacute;n,
in the amount of 722,820, through custody account No. 493-0005459481 held at BBVA Banco Franc&eacute;s S.A. As of December 31, 2024, the
company's Shareholders&#8217; Equity exceeds the minimum amount imposed by the CNV.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">On October 23, 2024, this subsidiary requested
to be registered with the CNV as a comprehensive settlement and clearing agent under section 12, Chapter II, Title VII, of CNV regulations
(as amended in 2013). As of the date of issuance of these financial statements, the CNV is analyzing the case to issue a resolution.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 56.7pt; text-align: justify; text-indent: -28.35pt; color: #072146"><B>49.
Compliance with the provisions of the Argentine Securities Commission &#8211; Documentation</B></P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The CNV issued General Resolution No. 629
on August 14, 2014 to introduce changes to its own rules governing the maintenance and safekeeping of corporate books, accounting records
and business documentation. In this respect, it is reported that the Bank has delivered the documentation that supports its operations
for the periods still open to audit for safekeeping in Administradora de Archivos S.A. (AdeA), domiciled at Ruta 36 Km. 31.5, district
of Florencio Varela, Province of Buenos Aires.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">In addition, it is informed that a detail
of the documentation delivered for safekeeping, as well as the documentation referred to in Art. 5. a.3), Section I of Chapter V of Title
II of the CNV rules is available at the Bank&#8217;s registered office. (2013 consolidated text and amendments).</P>

<P STYLE="font: 12pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #072146"><B>50. Trust activities</B></P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">On January 5, 2001, the Board of Directors
of BCRA issued Resolution No. 19/2001, providing for the exclusion of Mercobank S.A.&#8217;s senior liabilities under the terms of section
35 bis of the Financial Institutions Law, the authorization to transfer the excluded assets to the Bank as a trustee of the Diagonal Trust,
and the authorization to transfer the excluded liabilities to beneficiary banks. On the same date, Mercobank S.A., as Settler, and the
Bank, as Trustee, entered into the agreement to set up the Diagonal Trust in relation to the exclusion of assets as provided in the above-mentioned
resolution. As of December 31, 2024 and 2023, the assets of Diagonal Trust amount to 2,427 and 5,286, respectively, considering their
recoverable values.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">In addition, the Entity, in its capacity
as Trustee in the Corp Banca Trust, recorded the selected assets on account of the redemption in kind of participation certificates in
the amount of 4,177 and 9,097 as of December 31, 2024 and 2023, respectively.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">In addition, the Entity acts as a Trustee
in 12 non-financial trusts, in no case as personally liable for the liabilities assumed in the performance of the contract obligations.
Such liabilities will be settled with and up to the full amount of the trust assets and the proceeds therefrom. The non-financial trusts
concerned were set up to manage assets and/or secure the receivables of several creditors (beneficiaries) and the trustee was entrusted
with the management, care, preservation and custody of the corpus assets until (i) noncompliance with the obligations by the debtor (settler)
vis-a-vis the creditors (beneficiaries) is verified, when such assets are sold and the proceeds therefrom are distributed (net of expenses)
among all beneficiaries, the remainder (if any) shall be delivered to the settler, or (ii) all contract terms and conditions are complied
with, in which case all the trust assets will be returned to the settler or to whom it may indicate. The trust assets totaled 2,490,787
and 4,326,324 as of December 31, 2024 and 2023, respectively, and consist of cash, creditors' rights, real estate and shares.</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #072146"><B>51. Mutual funds</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">As of December 31, 2024 and 2023, the Entity
holds in custody, as Custodian Agent of Mutual Funds managed by BBVA Asset Management Argentina S.A.U. Sociedad Gerente de Fondos Comunes
de Inversi&oacute;n, time deposit certificates, shares, corporate bonds, government securities, mutual funds, deferred payment checks,
BCRA instruments, Buenos Aires City Government Bills, ADRS, Buenos Aires Province Government Bills for 1,846,107,246 and 248,018,187,
which are part of the mutual fund portfolio and are recorded in debit balance memorandum accounts &#8220;Control &#8211; Other.&#8221;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->115<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The Mutual Fund assets are as follows:</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 57%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Mutual funds</B></FONT></TD>
    <TD STYLE="width: 21%; border-bottom: black 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; background-color: white">&nbsp;</TD>
    <TD STYLE="width: 21%; border-bottom: black 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">FBA Renta Pesos</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,583,115,382</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,688,764,171</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">FBA Acciones Argentinas (1)</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">124,685,697</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">44,337,831</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">FBA Ahorro Pesos</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">123,315,056</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">10,610,995</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">FBA Renta Fija D&oacute;lar I</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">88,629,537</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">FBA Renta Fija Plus</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">38,259,917</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">8,686,634</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">FBA Bonos Argentina</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">24,572,755</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,627,843</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">FBA Horizonte</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">22,936,682</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,057,009</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">FBA Renta Mixta</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">17,531,217</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">4,343,896</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">FBA Acciones Latinoamericanas</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">9,530,310</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">9,392,110</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">FBA Renta Publica I</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">6,047,575</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,216,009</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">FBA Bonos Globales</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">10,505</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">35,504</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">FBA Horizonte Plus</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">10,259</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">24,581</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">FBA Retorno Total I</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,906</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">28,150</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">FBA Gesti&oacute;n I</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">324</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">140,862</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">FBA Calificado&nbsp;&nbsp;(1)</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">34,640,217</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">FBA Renta Fija D&oacute;lar Plus I</FONT></TD>
    <TD STYLE="border-bottom: #004481 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #004481 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">8,334</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #004481 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>3,038,648,122</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #004481 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>2,805,914,146</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 7pt/120% BBVA Benton Sans Book; margin: 0 0 0 92.1pt; text-align: center; text-indent: -63.75pt">&nbsp;</P>

<P STYLE="font: 7pt/120% BBVA Benton Sans Book; margin: 0 0 0 92.1pt; text-align: center; text-indent: -63.75pt">(1) FBA Calificado and
FBA Acciones Argentinas mutual funds were merged. The FBA Acciones Argentinas mutual fund is the surviving fund.</P>


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<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0 0 0 92.1pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; color: #072146"><B>52. Penalties and administrative proceedings
instituted by the BCRA</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">According to the requirements of Communication
&#8220;A&#8221; 5689, as amended, issued by the BCRA, below is a detail of the administrative and/or disciplinary penalties as well as
the judgments issued by courts of original jurisdiction in criminal matters, enforced or brought by the BCRA of which the Entity has been
notified:</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; color: #004481"><B>Administrative proceedings commenced by the
BCRA</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 25.05pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 25.05pt; text-align: justify"><B>&#8220;Banco Franc&eacute;s S.A. over
breach of Law 19.359.&#8221; </B>Administrative Proceedings for Foreign Exchange Offense initiated by the BCRA, notified on February 22,
2008 and identified under No. 3511, File No. 100194/05, on grounds of a breach of the Criminal Foreign Exchange Regime as a result of
the purchase and sale of US Dollars through the BCRA in excess of the authorized amounts. They totaled 44 transactions involving the Bank's
branches 099, 342, 999 and 320. The individuals/entities subject to these proceedings were Banco BBVA Argentina S.A. and the following
Bank officers: Julio Lopez, Marcelo Canestri, Humberto Daniel De Luca, Mario Daniel Breno, Agust&iacute;n Garicia, Gustavo Pedro Vitale,
Eduardo Carlos Hombre, Ana Mercedes Pacheco, Carlos Alberto Klapproth, Ernesto Salgado, Adriana Lilian Olmedo, Estrella Blanca Fernandez,
Francisco Meringolo, Daniela Vanesa Guevara, Marcelo Mozillo, Cintia Tamara Ortiz, Maria Elena Fridman, Maria Antonia Cejo Rial, Carlos
Alberto Gonzalez, Johana Andrea Frezza, Haroldo Daniel Gramajo and Andrea Patricia Ramirez, who served in the capacities described below
at the date when the breaches were committed: (i) two Territory Managers, (ii) four Branch Managers, (iii) four Heads of Back-Office Management
and (iv) twelve cashiers. On August 21, 2014, the court acquitted the individuals/entities above from all charges. The General Attorney&#8217;s
Office filed an appeal and Room A of the Appellate Court with jurisdiction over Criminal and Economic Matters confirmed the Bank&#8217;s
and the involved officers&#8217; acquittal from all charges. The General Attorney&#8217;s Office filed an Extraordinary Appeal, which
was granted and as of the date of these financial statements is being heard by the Argentine Supreme Court of Justice. The case has been
called for resolution. The case has been called for resolution.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 25.05pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Symbol; font-size: 9pt">&middot;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;
</FONT><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B>&#8220;Banco Franc&eacute;s S.A. over breach of Law 19.359.&#8221;
</B>Administrative Proceedings for Foreign Exchange Offense initiated by the BCRA, notified on December 1, 2010 and identified under
No. 4539, File No. 18398/05 where charges focus on fake foreign exchange transactions, through false statements upon processing thereof,
carried out by personnel from five branches in Mar del Plata, which would entail failure to comply with the costumer identification requirements
imposed by foreign exchange rules and regulations through Communication &#8220;A&#8221; 3471, paragraph 6. The individuals/entities subject
to these proceedings were Banco BBVA Argentina S.A., the five regular members of the Board of Directors and the following Bank officers
who served in the capacities described below at the date when the breaches were committed: (i) the Retail Bank Manager, (ii) the Territory
Manager, (iii) the Area Manager, (iv) a commercial aide to the Area Manager, (v) five Branch Managers, (vi) four Heads of Back-Office
Management, (vii) five Main Cashiers and (viii) one cashier. To date, the case is being heard by Federal Court No. 3, Criminal Division
of the City of Mar del Plata, under File No. 16377/2016. On June 21, 2017, the court sought to obtain further evidence on its own initiative
ordering that an official letter should be sent to the BCRA for it to ascertain if the rules governing the charges brought in the Case
File No. 18398/05 Proceedings No. 4539 have been subject to any change. The BCRA answered the request from the Court, stating that noncompliance
with the provisions of Communication &#8220;A&#8221; 3471 would not currently be subject to any change that may imply a lesser offense.
On September 30, 2019, the court of original jurisdiction rendered judgment against the Bank for its involvement in the transaction imposing
a fine of US$ 592,000, while imposing fines to the individuals involved for the aggregate amount of US$ 518,766 and Euro 48,500. The
Bank is jointly and severally liable for the aforementioned fines. The Bank's Directors Jorge Carlos Bledel, Javier D. Ornella, Marcelo
Canestri and Oscar Castro and Territory Managers Oscar Fantacone and Jorge Allen were acquitted from all charges. An appeal was filed
on behalf of Banco BBVA Argentina S.A. and its employees asking for the reversal of the decision or otherwise significant reductions
of the amounts involved. On August 24, 2021, the Federal Appellate Court of Mar de Plata resolved to declare the action extinguished
based on the grounds of violation of the reasonable term and consequently acquit Banco BBVA Argentina S.A., Pablo Bistacco, Graciela
Alonso, N&eacute;stor O. Baquer, Hugo Benzan, Mariela Espinosa, Jorge Fioritti, Liliana Paz, Alberto Gim&eacute;nez, Jorge Elizalde,
Elizabeth Mosquera, Carlos Barcellini, Carlos O. Alfonzo, Samuel Alanis, Juli&aacute;n Gabriel Burgos, for the facts that were condemned
in the present case for violation of Law No. 19.359, and the relevant regulations. In view of this ruling, the Federal Prosecutor filed
an extraordinary federal appeal. On February 21, 2024, we were notified that the Argentine Supreme Court of Justice rejected the extraordinary
appeal filed, declaring its inadmissibility. Therefore, the decision made by the Federal Court is final and is considered to be <I>res
judicata</I>.</FONT></P>
<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"></FONT></P>


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<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 49.95pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% Lucida Sans; margin: 0 0 0 28.35pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Symbol">&middot;</FONT>
<FONT STYLE="font-family: BBVA Benton Sans Book"><B>&#8220;Banco Franc&eacute;s S.A. over breach of Law 19.359.&#8221; </B>Administrative
Proceedings for Foreign Exchange Offense initiated by the BCRA, notified on July 26, 2013 and identified under No. 5406, File No. 100443/12
where charges are concerned with fake foreign exchange transactions through false statements upon processing thereof incurred by personnel
in Branch 087 - Salta -, which would entail a failure to comply with the costumer identification requirements imposed by foreign exchange
rules and regulations through Communication &#8220;A&#8221; 3471, Paragraph 6. The individuals/entities subject to these proceedings were
Banco BBVA Argentina S.A. and the following Bank officers who served in the capacities described below at the date when the breaches were
committed: (i) the Branch Manager (ii) the Back Office Management Head, (iii) the Main Cashier and (iv) two cashiers. The trial period
came to a close and the BCRA must send the file to Salta&#8217;s Federal Court. As of the date hereof, the case file has not been sent
to court.</FONT></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 25.05pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Symbol; font-size: 9pt">&middot;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;
</FONT><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B>&#8220;Banco Franc&eacute;s S.A. over breach of Law 19.359.&#8221;
</B>Administrative Proceedings for Foreign Exchange Offense initiated by the BCRA, notified on December 23, 2015 and identified under
No. 6684, File No. 100068/13. The proceedings were brought for allegedly having completed operations under Code 631 &#8220;Professional
and technical business services&#8221; for ROCA ARGENTINA S.A. against the applicable exchange regulations (Communications &#8220;A&#8221;
3471, &#8220;A&#8221; 3826 and &#8220;A&#8221; 5264), involving the incomplete verification of the services provided. The individuals/entities
subject to these proceedings were Banco BBVA Argentina S.A. and two Bank officers holding the positions described below at the date when
the breaches were committed: (i) the Foreign Trade Manager (Alejandro Chiarad&iacute;a) and (ii) an officer of the Area (Horacio Perotti).
The BCRA has decided that the trial period has come to an end. The case is being heard by Federal Court No. 2, Criminal Division of Lomas
de Zamora, Province of Buenos Aires, under File No. 39130/2017. On October 26, 2017, the Entity filed a request for retroactive application
of the most favorable criminal law, as through Communication &#8220;A&#8221; 5264, whereby the restriction on foreign trade transactions
was removed, the payment of services abroad was reinstated.</FONT></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 25.05pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% Lucida Sans; margin: 0 0 0 28.35pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Symbol">&middot;</FONT>
<FONT STYLE="font-family: BBVA Benton Sans Book"><B>Banco BBVA ARGENTINA S.A. Financial summary proceedings initiated by the B.C.R.A.
</B>Notified on June 28, 2021 and identified under No. 1587, file No. 388/55/21. The charge consists of the alleged breach of paragraph
7.2 of Communication &quot;A&quot; 6981 by assisting (without prior approval of the BCRA) Cargill S.A. through a checking account overdraft
amounting to $ 167 million from April 29, 2020 to May 3, 2020, since as it had bonds taken as of April 22, 2020, it should have waited
90 calendar days without executing repo transactions and/or surety bonds, before being assisted. Likewise, during May and June 2020, Cargill&#8217;s
checking account disclosed credit balances, which were generally covered at the end of the day. In this regard, it should be noted that
Banco BBVA Argentina S.A. violated paragraph 7.2 of the revised text of the rules on &quot;Credit Policy&quot;, which strictly includes
the restriction on the granting of intraday (within the same day) assistance. The individuals/entities subject to these proceedings were
Banco BBVA Argentina S.A. (30-50000319-3); Mar&iacute;a Isabel Goiri Lartitegui; Jorge Delf&iacute;n Luna; Alfredo Castillo Triguero;
Juan Manuel Ballesteros Castellano; Oscar Miguel Castro; Gabriel Eugenio Milstein; Adriana Mar&iacute;a Fernandez De Melero; Jos&eacute;
Santiago Fornieles; Dar&iacute;o Javier Berkman; Carlos Eduardo Elizalde and Nicol&aacute;s Herbert Bohtligk. The relevant answers to
the charges were filed on August 4, 2021. On September 14, 2023, the Resolution of the BCRA was notified, confirming the initial charges
and rejecting the defenses regarding the interpretation of the regulation and the inexistence of intraday financing due to the way the
proceeds from collections operate. Therefore, the breach of the regulations was considered to be proven and a fine was imposed. The amount
in pesos of the fines applied is detailed below. Banco BBVA Argentina S.A. $24,000,000. Board of Directors: Oscar Castro $2,591,589 Gabriel
Milstein $ 2,591,589, Isabel Goiri $2,565,930 Adriana Melero $ 2,565,930, Jorge Luna $2,565,930, Alfredo Castillo $ 2,565,930, Juan Manuel
Ballesteros $2,565,930. Employees: Carlos Elizalde $1,710,620, Nicol&aacute;s Bohtlingk $1,710,620, Dar&iacute;o Berkman $1,710,620, Jos&eacute;
Fornieles $855,310. TOTAL $47,999,998. The resolution is appealed.</FONT></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>


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<TD STYLE="width: 17.55pt"></TD><TD STYLE="width: 10.8pt"><FONT STYLE="font-family: Symbol; font-size: 9pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B>BBVA ARGENTINA S.A. Financial summary
proceedings for Foreign Exchange Offence brought by the B.C.R.A. </B>Notified on October 25, 2022, and identified under No. 7835, related
to foreign exchange transactions performed in alleged noncompliance with the provisions established by point 9-A16 of BCRA Communiqu&eacute;
&#8220;A&#8221; No. 6770 referring to notes related to transactions performed between residents and import prepayments. Due to the link
between cases and procedural economy, five cases have been filed with the oversight agency. The infringement stands at USD 1,414,526.28.
The defendants are Banco BBVA Argentina S.A. (Argentine tax identification No. 30-50000319-3) and the following officials and employees:
Ruben Lauriente, Noelia Sorbello, Juan Manuel Olives, Santiago Alejandro Gonzales, Mario Gustavo Dellamea, Maria Teresa Palacios, Mirtha
Susana Monteleone and Gustavo Cara. The procedural status of the case is with the presentation of pleadings.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 25.05pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The Group and its legal advisors estimate
that a reasonable interpretation of the applicable regulations in force was made and do not expect an adverse financial impact from these
cases.</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0.05pt 2.45pt 0.05pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; color: #072146"><B>53. Capital management and corporate governance
transparency policy</B></P>

<P STYLE="font: 12pt/115% BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; text-indent: 0in"><B>I. Board of Directors</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">According to BBVA Argentina S.A.'s bylaws, the
Entity shall be managed by a Board of Directors composed of a minimum of three and a maximum of nine directors, as set forth by the Annual
Shareholders&#8217; Meeting at each time, for a term of three years, with the option for reelection. The Shareholders&#8217; Meeting may
also appoint an equal or lower number of alternate directors. The Board of Directors shall meet at least once a month.</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The composition of the Board of Directors shall
be previously submitted to evaluation by the Nomination and Remuneration Committee.</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Below is a list of the members of the Board
of Directors, their current position in the Entity and their business experience.</P>

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    <TD STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-left: Black 1pt solid; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><BR STYLE="clear: both">
Name</FONT></TD>
    <TD COLSPAN="2" STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Position</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Background and work history</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 31%; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-bottom: 6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: Black 1pt solid; border-right: Black 0pt solid; padding-bottom: 6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 22%; border-bottom: Black 1pt solid; border-right: Black 1pt solid; padding-bottom: 6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 46%; border-bottom: Black 1pt solid; border-right: Black 1pt solid; padding-bottom: 6pt; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Lorenzo de Crist&oacute;bal de Nicol&aacute;s</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Chairman </FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid">
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify"><U>Business experience</U>: Head of the Options Desk
    at Bank of America in Madrid, he held several executive positions at BBVA, such as: Head of Global Portfolio Management; Director of Market
    Risks; Head of Guaranteed and Quantitative Funds and Director of Investment at BBVA Asset Management.</P>
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">Independent director pursuant to the terms of General
    Resolution No. 622/13 (as amended in 2013).</P>
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Jorge Delf&iacute;n Luna</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid">
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">1st Vice-chairman</P>
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">&nbsp;</P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid">
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify"><U>Business experience</U>: Regular Director at Rombo
    Compa&ntilde;&iacute;a Financiera S.A.; Regular Director at PSA Finance Argentina Compa&ntilde;&iacute;a Financiera S.A.; Board of Directors'
    Vice-chairman at Banco Franc&eacute;s Foundation; Commercial Banking Director at BBVA Argentina S.A.; Member of the Management Committee
    at BBVA Argentina S.A.; Regional Manager at Citibank; Regional Manager at former Banco Cr&eacute;dito Argentino; General Manager at Easy
    Bank; General Manager and Vice-chairman at BBVA Uruguay; Chief Corporate Banking and Foreign Trade Officer at BBVA Argentina S.A; Chief
    Commercial Officer at BBVA Argentina S.A.</P>
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">Not an independent director pursuant to the terms of
    General Resolution No. 622/13 (as amended in 2013).</P>
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">&nbsp;</P></TD></TR>
  </TABLE>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 31%; border: Black 1pt solid; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Francisco Javier P&eacute;rez Cardete</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; width: 1%; border-bottom: Black 1pt solid; padding-bottom: 6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 22%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid">
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">2nd Vice-Chairman</P>
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">&nbsp;</P>
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">&nbsp;</P></TD>
    <TD STYLE="width: 46%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid">
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify"><U>Business experience</U>: South and East Territory
    Director, Banco Bilbao Vizcaya Argentaria; Area Director, Banco Bilbao Vizcaya Argentaria; Risks Head in Valencia.</P>
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">Independent director pursuant to the terms of General
    Resolution No. 622/13 (as amended in 2013).</P>
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid">
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">Adriana<BR>
    Mar&iacute;a Fern&aacute;ndez de Melero</P>
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">&nbsp;</P></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Regular Director</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid">
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify"><U>Business experience</U>: Structures and Productivity
    Manager at Banco BBVA Argentina S.A; HR Development &amp; Planning Manager at Banco Cr&eacute;dito Argentino; HR Administration Manager
    at BBVA Argentina S.A; Organization and Productivity Manager at BBVA Argentina S.A; Business and Channel Development Manager at BBVA Argentina
    S.A; Chief Corporate Development and Transformation Officer at BBVA Argentina S.A; Member of the Management Committee at BBVA Argentina
    S.A; Advisor to the Chair and Board of Director at Banco Provincia de Buenos Aires.</P>
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">Independent director pursuant to the terms of General
    Resolution No. 622/13 (as amended in 2013).</P>
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Ernesto Mario San Gil</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Regular Director</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid">
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">Business experience: Independent Director and Member
    of the Audit Committee of Ternium Argentina S.A. (former Siderar S.A.); Ad honorem Member of the Strategic Board of the Ministry of Modernization
    of Argentina; Director of IDEA; Different positions at EY Argentina (former Ernst &amp; Young and former Arthur Andersen) among others,
    Chief Strategy Officer (CSO), President and CEO, Member of the Executive Committee of the EY South America region, Partner in charge of
    Transactions, partner specialized in Financial Institutions.</P>
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">Independent director pursuant to the terms of General
    Resolution No. 622/13 (as amended in 2013).</P>
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Gustavo Alberto Mazzolini Casas</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Regular Director</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid">
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify"><U>Business experience</U>: Director of Financial Institutions,
    Ernst &amp; Young; Financial Director, Corp Banca Argentina; Financial Planning Director, Credilogros Compa&ntilde;&iacute;a Financiera;
    Head of Countries II - Financial Directors Coordination Latam, Banca Am&eacute;rica; Head of Financial Directors Coordination Department
    Latam, Banca Am&eacute;rica; Financial Director, Banco Provincial; Director of Strategy and Finance Lobs and AdS, BBVA Group; Financial
    Staff Country Monitoring, BBVA Group; CFO AdS, BBVA Group.</P>
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">Not an independent director pursuant to the terms of
    General Resolution No. 622/13 (as amended in 2013).</P>
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">&nbsp;</P></TD></TR>
  </TABLE>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 31%; border: Black 1pt solid">
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">Gabriel Alberto Chauf&aacute;n</P>
    <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">&nbsp;</P>
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">&nbsp;</P>
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">&nbsp;</P></TD>
    <TD STYLE="border-top: Black 1pt solid; width: 1%; border-bottom: Black 1pt solid; padding-bottom: 6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 22%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Regular Director</FONT></TD>
    <TD STYLE="width: 46%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid">
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify"><U>Business experience</U>: Chairman at BBVA Seguros
    Argentina S.A., Vice-chairman at PSA Finance Argentina Compa&ntilde;&iacute;a Financiera S.A., Regular Director at BBVA Uruguay S.A. and
    Rombo Compa&ntilde;&iacute;a Financiera S.A. and Alternate Director at Volkswagen Financial Services Compa&ntilde;&iacute;a Financiera
    S.A., Chairman of AVIRA; Member of the Management Committee at BBVA; Chairman and General Manager at Consolidar ART, Consolidar Seguros,
    Consolidar Salud, Consolidar Retiro and Consolidar AFJP (the latter undergoing liquidation proceedings). Manager of the Pension and Insurance
    Business; Head of the Pension Business and all insurance lines (Life, P&amp;C, Life Annuities, Health), and Underwriting Manager for the
    Group.</P>
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">Not an independent director pursuant to the terms of
    General Resolution No. 622/13 (as amended in 2013).</P>
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Gustavo Fabi&aacute;n Alonso</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Alternate Director</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid">
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify"><U>Business experience:</U> Commercial Director; Director
    of Innovation and Development; Retail Product Manager; Manager of Payment Methods and Consumption; Manager of Strategic Alliances and
    Products; Marketing Manager; Zonal Manager; and Branch Manager of Pilar, San Nicol&aacute;s and Rosario, all at BBVA Banco Franc&eacute;s.</P>
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">Independent director pursuant to the terms of General
    Resolution No. 622/13 (as amended in 2013).</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Carlos Eduardo Elizalde</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Alternate Director</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid">
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify"><U>Business experience:</U> Regional Director of Global
    Banking Operations Latam at BBVA; General Manager at AL-Rajhi Bank; Free-lance Consultant at Riyadh KSA Buenos Aires; General Manager
    at Citigroup Miami; Regional Head for Latin America at Citigroup Miami; and Head of Regional Sales at Citigroup Buenos Aires.</P>
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">Not an independent director pursuant to the terms of
    General Resolution No. 622/13 (as amended in 2013).</P></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-left: Black 1pt solid; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Ignacio Javier Lacasta Casado</FONT></TD>
    <TD STYLE="vertical-align: top; padding-bottom: 6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Alternate Director</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Business experience: Board Chairman at BBVA Forum (Sociedad de Cr&eacute;dito de Consumo Chile); Vice-chairman at BBVA Per&uacute;, BBVA Provincial (Venezuela) and BBVA Chile and Director at BBVA M&eacute;xico. He served several executive positions at BBVA, namely: Business Monitoring Responsible Officer, Assistant General Director, Retail Banking Manager and Country Manager at BBVA Chile.</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-bottom: 6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: top; padding-bottom: 6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-bottom: 6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Not an independent director pursuant to the terms of General Resolution No. 622/13 (as amended in 2013).</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt 53.5pt; text-align: justify"><B>&nbsp;</B></P>


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<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 6pt 53.5pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B>II.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B>Senior Management</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt 42.55pt; text-align: justify">Senior Management is made up of the General
Manager and by those executive officers who have decision-making powers and who report directly to the General Manager, or the Chairman
of the Board of Directors.</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt 42.55pt; text-align: justify">The officers in Senior Management positions
must have the skills and experience required by the financial industry to run the business with which they are entrusted and to oversee
as appropriate the personnel in the different areas.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 24.55pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B>III.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B>Management Committee - Members</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt 42.55pt; text-align: justify">The main members of Senior Management make up
the Management Committee. The Committee is chaired by the General Manager who shall be replaced, in case of absence or disability, by
the Director of the Financial and Planning Area.</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt 42.55pt; text-align: justify">Prospective management committee members shall
first be evaluated by the Nomination and Remuneration Committee for subsequent consideration by the Board.</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt 42.55pt; text-align: justify"><B>Powers</B></P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt 42.55pt; text-align: justify">The Management Committee shall have the following
powers, and, when appropriate, it shall be required to submit matters to consideration by the Board for final decision.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 60.55pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Implement the strategies and policies
approved by the Board. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 60.55pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Evaluate and propose business and investment
strategies and general risk policies. For such purpose, it shall annually approve the Business Plan and the Financial Program.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 60.55pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Develop the processes necessary to identify,
assess, monitor and mitigate the risks to which the Bank is exposed. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 60.55pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Implement appropriate internal control
systems and monitor their effectiveness, periodically reporting to the Board on the attainment of objectives. Accordingly, the Internal
Control and Operational Risk Reports shall be approved. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 60.55pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Establish business synergies with the
remaining Group companies.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 60.55pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Analyze and propose the year&#8217;s
comprehensive budget, monitor changes and determine any corrective actions as called for by internal and market variables. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 60.55pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Propose the delegation of powers to
the Bank&#8217;s officers. Supervise the managers in the various areas to make sure that they comply with the policies and procedures
set forth by the Board.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 60.55pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Evaluate and propose Entity-wide policies,
strategies and guidelines and then oversee and follow up the model implementation. </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt 42.55pt; text-align: justify">Decisions of the Management Committee shall
be made by a majority of the members present.</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt 42.55pt; text-align: justify">Below is a detail of the members of the Management
Committee, as well as their business background. The main executives are appointed for an indefinite term.<BR STYLE="clear: both">
</P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 6pt 42.55pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: top; border: Black 1pt solid; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Name</FONT></TD>
    <TD STYLE="vertical-align: top; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Position</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-top: 0.85pt; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Background and work history</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid">
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">Jorge Alberto Bledel</P>
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">&nbsp;</P>
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">&nbsp;</P>
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">&nbsp;</P>
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">&nbsp;</P>
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">&nbsp;</P></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid">
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">General Manager</P>
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">&nbsp;</P></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-top: 0.85pt; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><U>Business experience</U>: Director of Business Development for South America at BBVA Spain; Director of Business Development at BBVA Banco Franc&eacute;s S.A. (BBVA Argentina); Director of Digital Banking and Transformation at BBVA Banco Franc&eacute;s S.A. (BBVA Argentina); Manager of Innovation and Business Models at BBVA Banco Franc&eacute;s S.A. (BBVA Argentina); Manager of Investment Products and Insurance at BBVA Banco Franc&eacute;s S.A. (BBVA Argentina); Manager of Liabilities and Private Banking at BBVA Banco Franc&eacute;s S.A. (BBVA Argentina); Asset Management Manager (BBVA Argentina); Portfolio Manager (BBVA Argentina); Director at Ne&oacute;n (Brazil); Director at Openpay (Mexico); Director at Prisma Medios de Pago; Director at Volkswagen Financial Services Compa&ntilde;&iacute;a Financiera.</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid">
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">Carmen Morillo Arroyo</P>
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">&nbsp;</P></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Director of Finance </FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-top: 0.85pt; padding-bottom: 0.85pt">
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify"><U>Business experience</U>: Various positions in the
    holding structure of the BBVA Group: Global Financial Planning &amp; Performance discipline leader; Director of Planning and Management
    Control of South American Businesses; Manager of Planning and Management Control of South American Banks; Financial Analyst; Manager of
    Corporate Banking BBVA Spain.</P>
    <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">&nbsp;</P></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Adri&aacute;n Diego Alabaster</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Retail Banking Director</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-top: 0.85pt; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><U>Business experience</U>: <FONT STYLE="color: #121212">Head of BEx and Manager of Models, Servicing and Quality at BBVA Argentina.</FONT></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Vanesa Bories</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Talent &amp; Culture Director </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-top: 0.85pt; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><U>Business experience</U>: Head of Compensation, Organization, Administration, Payroll and SAE, in the Talent and Culture Department; Head of the Country Manager's Office; Head of Investor Relations and Planning; Head of Business Intelligence; Head of Management Schemes and Network Analysis in the Business Development Management of the Commercial Department; she started as a young professional in the Engineering Area; all of these roles held at BBVA Argentina.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Mar&iacute;a Ver&oacute;nica Incera </FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Corporate &amp; Investment Banking Director</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-top: 0.85pt; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><U>Business experience</U>: Head of Global Clients at BBVA USA, with corporate governance responsibilities for BBVA's NY Branch; Industry Banker for Consumers. Prior to joining BBVA, she worked for Credit Agricole in Argentina and New York, where she held various positions.</FONT></TD></TR>
  <TR>
    <TD STYLE="width: 18%">&nbsp;</TD>
    <TD STYLE="width: 35%">&nbsp;</TD>
    <TD STYLE="width: 0%">&nbsp;</TD>
    <TD STYLE="width: 47%">&nbsp;</TD>
    </TR>
  </TABLE>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 20%; border: Black 1pt solid; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Leandro &Aacute;lvarez&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="width: 40%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid">
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">Engineering and Data I Director</P>
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">&nbsp;</P></TD>
    <TD STYLE="border-top: Black 1pt solid; width: 1%; border-bottom: Black 1pt solid; padding-bottom: 6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 39%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-top: 0.85pt; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><U>Business experience</U>: Head of Solutions Development in the Business Development Department at Banco BBVA Argentina S.A.; Deputy Manager of Channels &amp; Application Architecture at Banco BBVA Argentina S.A.; Regional Manager for Latin America of the technological replacement of the systems of the offices of the banks where BBVA has been present (BBVA Aplica SA); Deputy Manager of Channels and Markets at BBVA Franc&eacute;s.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Gerardo Fiandrino</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid">
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">Risks</P>
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">Director</P>
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">&nbsp;</P></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-top: 0.85pt; padding-bottom: 0.85pt">
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify"><U>Business experience</U>: Retail Banking Director
    for South America, BBVA; Director of Wholesale Banking for South America, BBVA; Retail Risk Manager, BBVA Argentina S.A.; Wholesale and
    Enterprise Risk Manager, BBVA Argentina S.A.; Admission and Follow-up Manager, BBVA Argentina S.A.; Monitoring and Operation Risk Manager,
    BBVA Argentina S.A.; Director, Rombo Compa&ntilde;&iacute;a Financiera S.A.; Director, PSA Finance Argentina Compa&ntilde;&iacute;a Financiera
    S.A.; Portfolio Monitoring Manager, Banco de Cr&eacute;dito Argentino. Investment Banking Senior Officer, Banco de Cr&eacute;dito Argentino.</P>
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Pablo Hern&aacute;n Jord&aacute;n </FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid">
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">Corporate Banking Director</P>
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">&nbsp;</P></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-top: 0.85pt; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><U>Business experience</U>: Business Coordination Manager, North Territory Director, Capital Commercial Manager, Litoral Commercial Manager, Retail Banking Territory Assistant Manager, Central Office Manager, Downtown Branch Manager, Coronel D&iacute;az Branch Manager, Territory Commercial Assistant, VIP Banking Officer and Business Executive, all positions at BBVA Argentina.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-bottom: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Eduardo Gonz&aacute;lez Correas&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid">
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">Legal Services Director</P>
    <P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">&nbsp;</P></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-top: 0.85pt; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><U>Business experience</U>: Legal Manager of Banking Business and Corporate &amp; Investment Banking, BBVA Argentina S.A.; Deputy Legal Manager of Corporate &amp; Investment Banking, BBVA Argentina S.A.; Lawyer at the Legal Sub-Management of Corporate &amp; Investment Banking, BBVA Argentina S.A.; Lawyer at Allende &amp; Brea Law Firm; Lawyer at P&eacute;rez Alati, Grondona, Benites, Arntsen &amp; Martinez de Hoz (Jr.) Law Firm.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-bottom: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Beatriz Francia Guerrero</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Internal Control and Compliance Director</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-top: 0.85pt; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><U>Business experience:</U> Head of Regulation, Internal Control and Compliance at BBVA Uruguay; Head of the Customer Compliance Discipline and former Head of the Customer Compliance sub-unit, in the Global Compliance Unit, within the Regulation and Internal Control Area; Head of the Regulatory and Technical Compliance team at Centro de Bastanteos, Oficios y Testamentarias, all of these roles held at BBVA Spain.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt 42.55pt; text-align: justify"><B>&nbsp;</B></P>


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<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 6pt 42.55pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 24.55pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B>IV.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B>Basic ownership structure of Banco
BBVA Argentina S.A.</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt 42.55pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 42.55pt; text-align: justify">The following table sets forth certain
information regarding the beneficial ownership of the Entity's common shares as of December 31, 2024, by each entity that, to the best
of our knowledge, owns more than 5% of our common shares. These entities do not have different voting rights.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="2" STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>Common shares as of</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>December 31, 2024</B></FONT></TD></TR>
  <TR>
    <TD STYLE="width: 62%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 30pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>Shareholder</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 4%">&nbsp;</TD>
    <TD STYLE="width: 17%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>Amount</B></FONT></TD>
    <TD STYLE="width: 17%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>Class percentage</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Banco Bilbao Vizcaya Argentaria S.A. (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">245,154,707</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">40.01</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">BBV Am&eacute;rica S.L. (2)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">160,110,585</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">26.13</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">The Bank of New York Mellon (3)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">98,690,136</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">16.11</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">ANSES (Argentine Social Security Office)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">43,279,620</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">7.06</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt 42.55pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt BBVA Benton Sans Book; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 24.55pt"></TD><TD STYLE="width: 18pt">1.</TD><TD STYLE="text-align: justify">The shareholdings of Banco Bilbao Vizcaya Argentaria S.A., BBVA Am&eacute;rica S.L. and Corporaci&oacute;n
General Financiera S.A. (0.41%) amount to 66.55% of the total shares of BBVA Argentina.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 8pt BBVA Benton Sans Book; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 24.55pt"></TD><TD STYLE="width: 18pt">2.</TD><TD STYLE="text-align: justify">BBV Am&eacute;rica S.L. is controlled by BBVA. Direct holder of 26.13 % of BBVA Argentina's share capital.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 8pt BBVA Benton Sans Book; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 24.55pt"></TD><TD STYLE="width: 18pt">3.</TD><TD STYLE="text-align: justify">As an agent holder of ADSs.</TD></TR></TABLE>


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<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 6pt 24.55pt; text-align: justify">&nbsp;</P>

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<TD STYLE="width: 24.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B>V.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B>Organizational structure</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify"><B><SUP>&nbsp;</SUP></B></P>

<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><IMG SRC="image_003.jpg" ALT="">&nbsp;</P>

<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book"></FONT></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">References: General Manager: Jorge Bledel
&#8211; Strategy and Chair Cabinet: Bel&eacute;n Staudenmann &#8211; Internal Audit: Ana Karina Ortiz Cuellar &#8211; Corporate Banking
and Institutions: Hern&aacute;n Jord&aacute;n &#8211; Retail Banking: Adri&aacute;n Alabaster - Corporate &amp; Investment Banking: Ver&oacute;nica
Incera &#8211; Engineering &amp; Data: Leandro Alvarez - Finance: Carmen Morillo Arroyo &#8211; Talent &amp; Culture: Vanesa Bories -
Risks: Gerardo Fiandrino &#8211; Internal Control &amp; Compliance: in charge of J Bledel - Institutional Relations: Hern&aacute;n Carboni
&#8211; Research: Marcos Dal Bianco - Legal Services: Eduardo Gonzalez Correas.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 6.5pt; text-align: justify"><B><SUP>&nbsp;</SUP></B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 24.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B>VI.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B>Committees of the Board of Directors</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 6.5pt; text-align: justify"><B><SUP>&nbsp;</SUP></B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>a) Joint Audit Committee (CNV / B.C.R.A.)
</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The Joint Audit Committee of BBVA Argentina
shall be responsible for assisting the Board of Directors in monitoring the internal control environment and validating the existence
and improvement of controls covering the Bank's main risks, financial statements, external auditors, directors' fees, transactions with
related parties and conflicts of interest.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">It has internal regulations that regulate
its purpose, composition, operation and responsibilities. Said regulations have been approved by the Board of Directors at its meeting
dated June 29, 2021.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>Composition:</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The Audit Committee shall be composed of
at least three (3) Regular Members who are members of the Entity's Board of Directors, with the participation of the top responsible officer
of Internal Audit. The members shall operate as a collegiate body and shall be appointed by the Board of Directors by simple majority
vote. The Director of Legal Services shall act as Secretary of the Committee.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The appointed members shall remain in office
for a minimum term of two (2) years and a maximum of six (6) years (provided that their term as Director does not expire earlier), taking
into account that the term of office should not coincide, so that the Committee is always composed of an executive with experience in
the matter. The term of office may be renewed on an unlimited basis as long as the Director is independent in accordance with BCRA rules.</P>


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<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The composition of the Committee must comply
with the independence criteria established by the Argentine Securities Commission (&quot;CNV&quot;), the New York and Stock Exchange (&quot;NYSE&quot;)
and the Argentine Central Bank (&quot;BCRA&quot;).</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The appointment of the members of the Committee,
as well as any modification in its composition, whether due to resignation, leave of absence, incorporation or substitution of its members,
or any other cause, once considered by the Board of Directors, must be communicated by the Entity to the BCRA, CNV and NYSE within the
terms established in the regulations in force.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The directors who are members of the Audit
Committee shall have knowledge of business, financial or accounting matters, and one of them must comply with the requirements of accounting
expert established in Communication &quot;A&quot; 6552 of the BCRA.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>Duties:</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">It shall meet at least once a month and,
additionally, whenever its members deem it convenient.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The Committee may operate with the members
present or communicated among themselves by video teleconference or by any other means of simultaneous transmission of sound, images and
speech. For the purpose of determining the quorum, the directors present and those participating remotely through the technological means
specified above shall be counted.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">In order to hold a valid meeting, the quorum
required shall be at least two members of the Audit Committee. In all cases, decisions shall be adopted by a simple majority of the members
present, and the dissenting opinion shall be recorded.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The head of Internal Audit participates
in the meetings and deliberations of the Committee with voice but without vote.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The main functions are:</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>1. Internal Control Environment and
Financial Statements:</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">1.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Monitor the proper functioning of internal
controls and the preparation and publication of the administrative-accounting system.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">2.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Ensure the consistency and integrity
of all documentation that is published in the market.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">3.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Review and approve the annual work program
and the reports issued by the Entity's internal audit area, as well as its degree of compliance, ensuring that it has adequate resources
to perform its duties and functions in the Entity.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">4.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Evaluate the observations on the internal
control weaknesses found by the auditors and by the controlling bodies. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">5.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Submit to the Board of Directors, at
the time of publication of the year-end financial statements, a report on the status of the internal control system.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">6.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Know and supervise the internal control
environment and the controls covering the main risks to which the Bank is exposed. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">7.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Hold meetings with the General Management
area in order to be informed about the Bank's exposure to the relevant risks.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">8.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Be informed of the results of the reports
issued by the Supervisory Committee of the Bank and the different control committees established by the Argentine Central Bank in compliance
with their duties.</FONT></TD></TR></TABLE>


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<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>2. Internal Audit:</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">In relation to the Internal Audit function:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">1.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Propose to the Board of Directors the
selection, appointment, re-election and dismissal of the top responsible officer of Internal Audit, based on the candidates pre-selected
within the executive area by the Talent &amp; Culture area. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">2.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Supervise the independence, effectiveness
and operation of Internal Audit.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">3.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Analyze and establish the objectives
of the top responsible officer of Internal Audit and evaluate his/her performance, submitting the proposal thereof on both matters to
the Nomination and Remuneration Committee to ensure alignment with the compensation model applicable at all times to Senior Management,
submitting the corresponding proposals to the Board of Directors. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">4.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Ensure that the Internal Audit area
has the material and human resources necessary for the effective performance of its functions, both in terms of personnel and material
elements, systems, procedures and action manuals. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">5.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Analyze and, as the case may be, approve
the annual work plan of Internal Audit, as well as any other additional plans of an occasional or specific nature that may have to be
implemented due to regulatory changes or the needs of the Bank's business organization. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">6.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Receive monthly information from the
top responsible officer of Internal Audit on the activities carried out by the Internal Audit area, as well as on any incidents and obstacles
that may arise, and verify that Senior Management takes into account the conclusions and recommendations contained in its reports. Likewise,
as often as circumstances may require, to monitor these plans, being allowed to delegate to its Chairman the performance of preparatory
tasks to facilitate the work of the Committee. In the event of substantial deviations in the deadlines for the execution of the actions
contemplated in the plans, or in the scope of the reviews, the causes thereof shall be explained to the Committee, submitting for its
approval the modifications to be made to the Internal Audit plans. Notwithstanding the foregoing, the top responsible officer of Internal
Audit shall also report to the full Board of Directors, as often as appropriate, on the activities carried out by the Internal Audit area.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">7.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Be informed of the degree of compliance
by the audited units with the corrective measures recommended by Internal Audit in previous actions, and report to the Board of Directors
on those cases that may represent a relevant risk for the Bank.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The Committee shall be informed of the
irregularities, anomalies or breaches that the Internal Audit area has detected in the course of its actions, provided that they are relevant,
being understood as relevant those that may cause a significant and material impact or damage to the Bank's equity, results or reputation,
the assessment of which shall be at the discretion of the Internal Audit area, which, in case of doubt, shall opt for communication. This
communication shall be made, as soon as known, to the Chairman of the Committee.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>3. External Audit:</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">1.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Give its opinion regarding the proposal
of the Board of Directors for the appointment or revocation of the external auditors to be hired by the Bank and ensure their independence.
</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">2.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Review the plans of the external auditors
and evaluate their performance, and issue an opinion thereon in its Annual Management Report.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">3.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Analyze the reasonableness of the fees
billed by the external auditors.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">4.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Request the external auditor to inform
the Committee of any relevant fact that has a significant impact on the Entity&#8217;s equity, results, or reputation, or constitutes
a relevant weakness in its internal controls.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">5.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Provide the mechanisms so that the reports
to be submitted by the external and internal auditors of the financial entities are submitted in due time and form.</FONT></TD></TR></TABLE>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->128<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">6.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">When shareholders representing at least
5% of the capital stock request the Bank to appoint an external auditor proposed by them for the performance of one or more specific tasks,
the Audit Committee shall issue a prior opinion and shall inform the CNV.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>4. Issuance and Stock Plans and Acquisition
of Own Shares and Directors' Fees:</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">1.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Issue an opinion and make it public,
on compliance with legal requirements and on the reasonableness of the conditions for the issuance of shares or securities convertible
into shares, in cases of capital increase with exclusion or limitation of preemptive rights.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">2.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Issue a report prior to any decision
of the Board of Directors to acquire the Bank's own shares.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">3.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Give an opinion on the reasonableness
of the proposals made by the Board of Directors regarding fees and stock option plans of the Bank's directors and administrators.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>5. Related Party Transactions and Conflicts
of Interest:</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">1.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Ensure that transactions between related
parties are carried out in accordance with the provisions of Law No. 26831, issuing a well-founded opinion regarding transactions with
related parties in the cases established and specifically required.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">2.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">It shall immediately provide the market
with full information on transactions in which there is or could be a conflict of interest with members of the corporate bodies or controlling
shareholders.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>6. Standards of Conduct:</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">1.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Investigate irregular behavior or behavior
that may not be in accordance with applicable regulations or BBVA Argentina's Codes of Conduct. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">2.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Review the Bank's standards of conduct,
to ensure that they are adequately disseminated among all the Bank's personnel and verify compliance with such standards of conduct.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>7. Action Plan and Relationship with
Regulators:</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">1.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Submit annually, an action plan for
the fiscal year, which shall be submitted to the Board of Directors and the Supervisory Committee within sixty (60) calendar days after
the beginning of the fiscal year, in which it shall account for the treatment given during the fiscal year to the matters within its competence
provided for in Article 18 of Chapter III of the CNV Rules.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.65pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">2.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Maintain constant communication with
the officers of the Superintendency of Financial and Exchange Entities responsible for the control of the Entity in order to know their
concerns, the problems detected in the inspections carried out and the actions for their solution.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>b) Nomination and Remuneration Committee</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">BBVA Argentina's Nomination and Remuneration
Committee is a non-executive body whose purpose consists in assisting the Board on matters concerning the Bank&#8217;s remuneration and
benefit policies. Furthermore, the Nomination and Remuneration Committee is the body entrusted with the establishment of the standards
and procedures governing the recruitment and training of directors, key executives and senior personnel.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>Composition:</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">BBVA Argentina's Nomination and Remuneration
Committee shall be made up of three Non-Executive Directors to be designated by the Board in the same manner as the President. The Chief
Legal Officer and Chief Talent &amp; Culture Officer may be invited to attend the meetings of this committee. The Committee shall be presided
over by an Independent Director. The Chief Legal Officer is the secretary of the Committee.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Each member of the Nomination and Remuneration
Committee shall prove sufficient knowledge on and experience in Human Resources (HR), compensation policies and labor risk management.</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0"><B>&nbsp;</B></P>


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<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>Duties:</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The Nomination and Remuneration Committee
shall perform the following functions:</P>

<P STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin: 0 0 6pt 28.35pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">1.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Permanent functions:</FONT></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>Board of Directors' Performance, Succession
Plan, and Assessment</B></P>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 35.45pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Evaluate the Board of Directors performance and renewal and replacement
of members of the Senior Management.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 35.45pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Ensure application of a proper methodology
for the evaluation of Senior Management. </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>Recruitment Criteria and Training</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 35.45pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Identify potential candidates to fill
positions at the Board of Directors to be proposed at the Annual Shareholders&#8217; Meeting.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 35.45pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Approve recruitment criteria for senior
management members.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 35.45pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Ensure the Training and Development
of the members of the Board of Directors and senior management and other executives.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 35.45pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Suggest which members of the Board of
Directors should comprise the several Board&#8217; committees, based on their respective background.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 35.45pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Assess the convenience of the members
of the Board of Directors and/or supervisory auditors performing functions at several Entities.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>Remuneration, Retention, and Dismissal
Policy</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 35.45pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Keep the Board of Directors informed
on the Entity's Remuneration policy, with a detail of union agreements or other general adjustments which may have an impact on the Bank&#8217;s
salary structure.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 35.45pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Validate &#8211;on an annual basis-
the characteristics of variable compensation models in force at the Bank.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 35.45pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Ensure a clear link between the performance
of the Senior Management and their fixed or variable compensation, taking into account the risks undertaken and how they are managed.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 35.45pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Oversee that the variable portion of
Senior Management&#8217;s compensation is tied to the medium and/or long-term performance of their members.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 35.45pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Review the competitive position of the
Bank&#8217;s compensation and benefit policies and practices, and approve the respective changes. To such end, these policies shall embrace
the Entity&#8217;s goals, culture and activities, and shall be mainly intended to reduce incentives to undertake excessive risks in the
face of the structure of the employee&#8217;s incentive system.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 35.45pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Define and communicate key staff retention,
promotion, dismissal and suspension policies.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 35.45pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Ensure that the Talent &amp; Culture
/ HR policy does not embrace any form of discrimination.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 35.45pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Inform the guidelines to determine retirement
plans for Board of Directors' and Senior Management's members.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>Reporting to the Board of Directors
and Shareholders' Meetings</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 35.45pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Regularly report to the Board of Directors
and Shareholders' Meeting on any actions undertaken and the issues discussed in the meetings.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 35.45pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Annually inform the Board of Directors
the assessment guidelines that were followed to determine the compensation level of directors, senior positions and Senior Managers.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 35.45pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Ensure that the resumes of the Board
of Directors&#8217; and Senior Management&#8217;s members are available at the Entity&#8217;s website (indicating Directors&#8217; term
in office).</FONT></TD></TR></TABLE>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->130<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 35.45pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Intervene in cases of infringement to
the General Anticorruption Policy involving members of the Board of Directors, except to the extent such cases involve members of this
committee. This committee will coordinate the execution of the action plans required to deal with and address these situations. The actions
taken in this regard are reported to the Board of Directors. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 35.45pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Intervene in cases of infringement to
the General Conflicts of Interest Policy involving members of the Board of Directors, except to the extent such cases involve members
of this committee. This committee will coordinate the execution of the action plans required to deal with and address these situations.
The actions taken in this regard are reported to the Board of Directors.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>Organization Chart</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 35.45pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Learn about changes in the Entity's
Organization Chart made from time to time by the Talent &amp; Culture area.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 35.45pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">The Board of Directors shall appoint
the General Manager, following consultation with this Committee.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 35.45pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Notify the Board of Directors of the
appointment of: (i) each area's Directors; (ii) Managers of central areas, and (iii) Territory Managers of the Commercial Department.
</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin: 0 0 6pt 28.35pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">2.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Non-permanent functions.</FONT></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">In addition to the permanent functions
it is expected to discharge, the Nomination and Remuneration Committee may take care - within its areas of responsibility - of all such
matters strengthening people management quality and reliability at BBVA Argentina.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>Organization and Operation Rules:</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The Nomination and Remuneration Committee
shall meet every four months, and such meetings shall be either convened by the President or other member.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">A quorum is attained with the presence
of, at least, two of the committee's members, and resolutions will be adopted by majority of present members.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The Committee may convene individuals within
the Bank that perform tasks related to the Committee&#8217;s functions, and may seek such external advice, through the Board of Directors,
as deemed necessary to form an opinion on the matters within its competence.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The President of the Committee, or any
of its members, shall be available at the Annual Shareholders&#8217; Meeting approving the Board of Directors&#8217; compensation to explain
the Bank's remuneration policy for Board of Directors' and Senior Management's members.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>c) Other Committees </B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The composition and functions of the Committees
that are listed below are governed by the Bank&#8217;s internal manuals and the applicable rules and regulations laid down by oversight
agencies (BCRA, Financial Information Unit, CNV, among others).</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>1) Committee for the Prevention of Money
Laundering and Terrorist Financing</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">This Committee is made up of: (i) BBVA
Argentina&#8217;s Regular Director in his capacity as Regulatory Compliance Officer; (ii) Highest-Ranking Regulatory Compliance Officer;
(iii) one Regular Director, (iv) the Officer responsible for Compliance Processes and (v) the Officer responsible for the Prevention of
Money Laundering and Terrorist Financing Discipline.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Specifically, this Committee shall be in
charge of:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Setting action plans and continuously
reviewing their progress; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Filing reports with the competent authorities
concerning the so-called &#8220;unusual or suspicious&#8221; transactions, or, either, disregarding them, when appropriate; </FONT></TD></TR></TABLE>


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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Evaluating the potential risk of asset
laundering in the new products and/or services; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Reaching an agreement on actions for
the analysis of suspicious transactions; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Raising awareness in their areas about
the importance of preventing asset laundering and terrorist financing; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Identifying any relevant situation that
may occur in this regard in their respective areas; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Undertaking the necessary commitments
within its area to put in place prevention procedures, on a coordinated basis with the Officer Responsible for Prevention of Anti-Money
Laundering.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>2) Information Technology Committee</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">This Committee is made up of two members
of the Board, the Chief Engineering &amp; Data Officer, the Systems Manager, the Architecture, IT Manager, the Corporate Security and
Financial Crime Prevention Hub Manager, the Business Process Engineering Manager, the Data Transformation and Engineering Manager, the
Strategy and Control Manager, the Operations (Permanent Participants) Manager and the Level 3 (NIII) of Technology, Physical, Information
and Data Security Risk Control Specialist (Secretary).</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Specifically, this Committee shall be in
charge of:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">To monitor and evaluate the operation
of the information technology management framework and contribute to the improvement of its effectiveness. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">To monitor and evaluate the operation
of the information security management framework and its effectiveness.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Oversee the definitions, prioritization
and adherence to information technology and security plans.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Oversee the effectiveness of the business
continuity management framework and mechanisms to ensure technology resilience. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Supervise the execution of corrective
actions to regularize or minimize the observations arising from the audit reports on technology and information security aspects.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Monitor the results of the risk management
framework related to technology and information security and verify that the mitigation plans are executed according to the defined schedules.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Oversee comprehensive cyber incident
management and associated reporting.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Keep the Board of Directors informed
of the issues discussed and the decisions taken. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">This committee assumes the functions
established in section 2.5 of the minimum operating requirements of the information systems - Information Technology area.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>3) Disclosure Committee</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The mission of this non-executive Committee
will be enhancing the coordination between the several areas engaged in the development and disclosure of BBVA Argentina's public information,
thus enhancing its consistency, while fostering the definition of preparation procedures as an additional control element. This Committee
is composed of a Regular Director, the Chief Financial Officer, the Chief Risk Officer, the Chief Legal Officer, the Head of the Board
of Directors&#8217; Secretary&#8217;s Office, the Accounting Manager, the Investor Relations and Competence Analysis Manager, and the
Associate of Investors and Rating Agencies.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The main functions of this committee are:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Developing coordination, review
                                                                                                                                 and criteria-setting activities in connection with all information to be disclosed by the Entity to its shareholders, the markets
                                                                                                                                 where the Bank&#8217;s shares are listed and such markets&#8217; regulatory authorities, ensuring that: (i) the information required
                                                                                                                                 to be publicly disclosed (either directly or through the pertinent regulatory authorities) is registered, processed, summarized and reported in an accurate and
timely fashion, and (ii) that such information is gathered and shared with managers and directors in due time and fashion to ensure timely
decision-making based on the required information.</FONT></TD></TR></TABLE>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->132<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin: 0 0 6pt 85.05pt; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Coordinating with the several units
responsible for the preparation and disclosure of information to ensure consistency and that the information has been generated by the
pertinent internal area following the established procedures. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Reviewing and sharing the work done,
together with the incumbent areas, to ensure disclosure by the Bank of all such information required by the several regulatory authorities
and/or applicable laws. This Committee's functions do not replace the existing controls at the units responsible for preparing and publishing
the information, but are rather a supplementary and additional review element.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Establishing the criteria to be applied
in respect of the content and disclosure of documents. In order to ensure that the committee discharges its duties efficiently, it fosters
the development of policies and procedures to ensure an appropriate public information preparation and disclosure process.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">A quorum shall be attained with the absolute
majority of the Committee&#8217;s members, and decisions shall be made by a majority of the present members. Such individuals having expertise
on the issues to be discussed at the meetings may attend them as guests, and may sign the minutes; provided, however, that the presence
of such individuals shall not be taken into account for attaining quorum and required majorities.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>4) Risk Management Committee</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">This committee is the Entity&#8217;s uttermost
risk management body. It comprises the Chief Risk Officer (Chairman), Risk Internal Control Manager, Risk Internal Control (Technical
Division), Retail Risk Manager, Wholesale Risk Manager, the Financial Risk, Reporting and Sustainability Manager (permanent participants);
the CEO or General Manager, the Corporate &amp; Investment Banking Director and/or the Global Transactional Banking Manager and/or Manager
of Global Markets Trading Argentina and the Corporate Banking Director and/or Corporate Strategy, Performance, Coordination, SDA and RCA
Manager, the Retail Banking Manager (optional participants or to address specific issues); head of the area of the issue to be addressed,
and Presenter (specific participants).</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The main functions of this committee are:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Approve all transactions and Financial
Programs for Customers or Economic Groups exceeding the powers vested in Risks Managements (Wholesale / Retail), Financial institutions
and Issuer Risk, and any issues requiring approval from other areas (C&amp;IB, GRMC, CTOG).</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Approve individual and corporate customers&#8217;
refinance transactions, cancellations and charge-offs, as per the effective Delegation Rule.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Approve the operations of Non-Delegated
Risks (risks related to media, public relevance, political parties, trade unions or companies related to the Bank or its officers).</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Discuss the power delegation proposal
which will then be submitted to the Board of Directors for approval.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Annually approve the Risk Management
Specific Framework and periodically follow up on the changes in the metrics set in such framework.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Define and approve the strategies, manuals,
policies, necessary practices and procedures to identify, evaluate, measure and manage the risks to which the entity is exposed (credit,
market, structural, liquidity, operational risk, etc.).</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Approve Credit Policies, rating tools
and models, and campaigns of pre-approved loans or massive campaigns.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Approve the limits of Asset Allocation,
Preferred Lenders Program (PLPs) and stress tests.</FONT></TD></TR></TABLE>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->133<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Call the Crisis Committee, if deemed
necessary or at the request of the wholesale or retail follow-up Committee, and approve actions defined at such committee to mitigate
risk alerts previously exposed by the related Follow-up Committees.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Report to the Board of Directors decisions
taken on the approval of transactions and definition of risks policies and strategies.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Submit and analyze periodic management
reports, which are then submitted to the Senior Management and the Board of Directors. These reports shall gather the main aspects of
the management of all the risks of the Entity.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Approve, on a quarterly basis, the definition
of priorities for Single Development Agenda (SDA) projects (Intra-domain refinement).</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Monthly review actions as per the methodology
set out in IFRS 9.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The Committee shall be presided of the
Chairman (Chief Risk Officer) and shall have a Secretary (Head of Internal Control of Risks - Technical Division), who shall be in charge
of, amongst other things, setting the agenda, preparing the Minutes for each subject submitted with the related decision taken. In case
of absence of the Chairman, the Chief Executive Officer or General Manager shall act as such. In absence of the latter, the role shall
be jointly taken over by two regular participants (including optional participants or participants for specific issues) in the following
order: Wholesale Risk Manager, Retail Risk Manager, and Financial Risks and Reporting Manager.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The Committee shall meet twice a week.
If an urgent meeting is necessary, it shall be called as an extraordinary meeting.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>5) Corporate Assurance Committee</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">This Committee is comprised of the Chief
Executive Officer as Chairman, members of the Management Committee as Regular Members, and the Committee&#8217;s Secretary is undertaken
by the Non-financial Risk Manager.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The main functions of this committee are:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Communicating and watching over the
effective operation of the control model, as well as the required culture of transparency and self-criticism.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Ensuring the implementation and preservation
of the Corporate Assurance model across the entities comprising the BBVA Group.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Setting priorities as to control weaknesses
identified by the specialized areas and Internal Audit and as to the suitability, relevance and timing of the proposed corrective measures.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Ensuring that specialists fulfill their
responsibilities with transparency and self-criticism.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Being familiar with, assessing and assigning
responsibilities for managing the risks submitted to its consideration.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Timely follow-up to the agreed-upon
risk mitigation action plans.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Communicating the actions taken to specialists
and Business Units.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Fostering knowledge on the Operational
Risk Model, as well as the dissemination of related corporate policies.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Addressing and making decisions regarding
Operational Risks, as required, due to the materiality or importance of the issues involved.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Ensuring the application of the Operational
Risk Model and facilitating the adequate management of the operational risks associated to BBVA Argentina's activities.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Overseeing the adequate deployment of
the model tools and methodology.</FONT></TD></TR></TABLE>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->134<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">The Committee may take care of all such
issues that enhance the quality and reliability of BBVA Argentina's and its affiliates&#8217; internal controls.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The Committee shall hold ordinary and extraordinary
meetings. Ordinary meetings shall be held every four months, following the required call by the Secretary. Extraordinary meetings shall
be held when convened by the Secretary or at the request of one or more members of the Committee, when special circumstances so warrant.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>6) Compliance Committee</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">This committee is composed of: (i) the
top responsible officer of Compliance; (ii) the General Manager; (iii) the Chief Corporate Banking Director, (iv) the Chief Legal Officer,
(v) the Chief Financial Officer, (vi) the Chief Risk Officer, and (vii) the Internal Audit Officer, who will attend meetings as observer
with voice but no votes.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The main functions of this committee are:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Setting action plans and continuously
reviewing their progress;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Contributing to preserve the Corporate
Integrity of BBVA Argentina and Group companies in Argentina, ensuring the effective application of the Code of Conduct and the Rules
of Conduct in the Capital Markets.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Encouraging and promoting a culture
of ethics and integrity among members, encouraging the adoption of the necessary measures to resolve queries, concerns, suggestions regarding
compliance with and application of the Code, as well as ethically questionable actions that may be brought to its attention.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Promoting and following up on the operation
and effectiveness of the Whistleblower Channel. Reviewing the most representative cases.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Ensuring compliance with the provisions
on the Protection of Financial Services Users, considering the claims submitted by users and adopting actions to reduce their repetition.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Assuming the necessary commitments and
agreeing on actions to carry out the prevention systems, in coordination with the Head of Prevention of Money Laundering and Financing
of Terrorism</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Fostering action plans to train and
raise awareness about the importance of being acquainted with matters concerning the scope of the Committee.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">This Committee will meet on a monthly basis.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>7) Assets and Liabilities Committee
(ALCO)</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">This committee is composed of: (i) the
Chief Executive Officer; (ii) the Chief Retail Banking Officer; (iii) the Chief Financial Officer; (iv) the Chief Risk Officer; (v) the
Chief Corporate Banking Officer; (vi) the Chief Corporate &amp; Investment Banking Officer; (vii) the Financial Management Manager (Permanent
Participants), (viii) the BBVA Research Director, and (ix) the Financial Risk and Reporting Manager (Guests).</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The main functions of this committee are:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Follow-up to macroeconomic variables;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Analyzing and discussing the conditions
of local and international financial markets, and their forecast and impact on the Bank&#8217;s structural risks;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Follow-up to and control over liquidity
limits and alerts, rate, exchange position and market risk, both at an internal and regulatory levels; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Defining corrective measures, as necessary;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Reviewing historical changes in and
projection of the financial position statement items, deviations from the budget, and comparison against the market and the competition;</FONT></TD></TR></TABLE>


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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Follow-up on the Bank&#8217;s excess
liquidity, benchmarking and review of stress scenarios; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Establishing the funding strategy and
the allocation of resources;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Defining the pricing policy and lending
and borrowing products;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Follow-up on the changes to the Bank&#8217;s
financial margin and its main deviations. Changes to business spreads. Analysis of the impact of management proposals;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Designing the investment and surplus
strategy;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Defining the strategy of investment
in Public Venture Capital;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Historical and projected changes to
the Bank&#8217;s capital position and projected dividends and analysis of proposals leading to the efficient use of such capital;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Causing financial and other analysis
to be done, as necessary, to optimize the performance of the above items;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">The Finance area is responsible for
analyzing and following up the proposals submitted to the committee through the applicable commissions;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Enforcement and implementation of contingency
and liquidity plans;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Acting as Crisis committee in the event
the Recovery Plan and/or the Resolution Plan needs to be triggered.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">This Committee will meet on a monthly basis.</P>

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<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 25.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B>VII.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B>Banco BBVA Argentina S.A.'s subsidiaries
and associates</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The main subsidiaries and associates of
BBVA Argentina are:</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><U>Subsidiaries:</U></P>

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<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">a)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">BBVA Asset Management Argentina S.A.U.
Sociedad Gerente de Fondos Comunes de Inversi&oacute;n: the corporate purpose of this mutual fund manager is to run and manage Mutual
Funds in accordance with Section 3 of Law No. 24083, as subsequently amended by Law No. 26831.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">b)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">PSA Finance Argentina Compa&ntilde;&iacute;a
Financiera S.A. whose corporate purpose consists in financing the acquisition of new and second-hand Peugeot and Citro&euml;n vehicles
through pledge loans, receivables from finance leases and other financial products and in supplying services associated with the purchase,
maintenance and insurance of motor vehicles.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">c)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Consolidar AFJP S.A. (undergoing liquidation
proceedings): see Note 2.2.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">d)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Volkswagen Financial Services Compa&ntilde;&iacute;a
Financiera S.A., a company engaged in providing pledge loans for the purchase of VW, Audi and Ducati new or second hand vehicles, credit
through operating leases, and other financial products and services associated with the purchase, maintenance and insurance of vehicles.
</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><U>Associates:</U></P>

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<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">e)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Rombo Compa&ntilde;&iacute;a Financiera
S.A., whose corporate purpose is to finance the acquisition of new and second-hand Renault and Nissan vehicles through pledge loans, receivables
from financial leases and other financial products and in supplying services associated with the purchase, maintenance and insurance of
motor vehicles.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">f)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">BBVA Seguros Argentina S.A. This insurance
carrier operates in the following lines of business: fire, comprehensive household insurance, civil liability, theft, personal accidents,
group life insurance and other coverage.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt; text-align: justify">&nbsp;</P>


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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 25.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B>VIII.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B>Network of branches and retail offices</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Banco BBVA Argentina S.A. operates a network
of 235 branches distributed as follows: City of Buenos Aires: 72 branches; Greater Buenos Aires: 81 branches and rest of the country:
82 branches.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; text-indent: 0in"><B>IX. Business lines</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The most relevant business lines are: Retail
Banking, whose strategy relies on building a comprehensive relationship with customers and strengthening the credit card segment; Small
and medium companies, which aims at aiding companies through both short- and long-term financing and Corporate Banking, an area concerned
with Foreign Trade transactions as much as with advice in mergers and acquisitions and in capital market transactions.</P>

<P STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin: 0 0 6pt 28.35pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B>X.</B></FONT><B><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Economic incentives for the personnel</FONT></B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Banco BBVA Argentina S.A. applies a policy
of rewards to attract and retain the proper individuals for each position, based on the following principles:</P>

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<TD STYLE="width: 55pt; text-align: right"><FONT STYLE="font-size: 10pt">-</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Acknowledgement and compensation
based on individual performance, work team, results obtained and their quality, as well as the skills and competences applied by individuals
to their work.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 55pt; text-align: right">-</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify">Ensuring internal fairness through structure analysis, descriptions of positions and remunerations.</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 55pt; text-align: right">-</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify">Ensuring external competitiveness by updating the information with the benchmark market.</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 55pt; text-align: right">-</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify">Rewarding the contribution of tangible results.</TD>
</TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The rewards system includes compensations
paid to employees as consideration for their contribution to the organization in terms of time, role and results, and it involves a fixed
as well as a variable remuneration system.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">In order to comply with such principles,
the Entity has implemented the following tools within the remuneration processes:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 55pt; text-align: right">-</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify">Salary surveys into the benchmark market: the position adopted within the survey is defined
in accordance with the Bank&#8217;s needs and strategy for each period. This benchmark market is made up of a number of companies that
have similar organizational structures and business sizes.</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 55pt; text-align: right">-</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify">Salary categories/brackets: these are designed on the basis of the internal structure of
the positions and the information derived from market salary surveys. These brackets represent salary ranges grouping positions that
rank similarly in terms of responsibility, experience, knowledge, etc.</TD>
</TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Also, BBVA Argentina uses performance evaluations
as a key tool to compensate the effort and results of each employee. At the end of each fiscal year, each person in charge evaluates the
goals of their team members to obtain an individual assessment of their performance for the year. Such assessment has four types of goals:
Quantitative, Customer, Tactical and Other Goals.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The result of the assessment reflects the
level of contribution by each member of the team, which is the basis to assess the right to collect the rewards defined.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Classification is the process whereby the
manager carries out a global assessment of each team member to evaluate the performance of their current position. The results of such
assessment are used to apply certain Human Resources policies.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">In turn, projection is the process whereby
a manager assesses the capabilities of each team member to perform higher level functions inside BBVA Argentina. This assessment shall
be based on experience, knowledge, skills, and the commitment of the team member.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Each employee has access to various rewards
based on their work position and the results of their performance evaluation. The goal is to encourage and reward the achievement of results.
The models currently in force are:</P>


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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">-</FONT></TD><TD><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Network rewards model: It consists of four quarterly payments and
one payment of annual indicators. Payment is related to the attainment of the goals assigned to each individual, for each period. Each
position has a set of goals, and each goal has a certain weight.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Reward model for Central Areas, Channels
and Network support: It consists of a yearly variable payment assigned to each employee by the supervisor, taking into consideration their
performance evaluation and the position's reference reward. Additionally, variables related to the attainment of the Entity's goals are
considered, based on the criteria adopted and the degree of compliance with the budget. These factors may have an impact on the defined
variable reward.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Commissions reward model: The value
of the commission depends on the unit value of each product based on its contribution to the Entity's profit and loss account. The criteria
to be applied for rewards through commissions are reviewed annually. They are paid monthly in arrears.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12pt Lucida Sans; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">-</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Share-based incentives reward model:
An incentive program for executives whose professional activities have a material impact on the Entity&#8217;s risk profile, based on
the delivery of shares of the controlling company. The number of units to be assigned is determined taking as a reference the level of
responsibility of each beneficiary within the Bank. The number of shares to be actually delivered shall depend on the employee's individual
performance ratio.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Executives included in that group receive
at least 50% of the annual variable reward for each year in shares of the controlling entity. The payment, both in cash and shares, shall
be distributed as follows: 60% of their rewards during the first quarter of the year and the remaining 40%, 3 years after the first payment
date of the variable reward.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Shares delivered to this group of employees,
which are part of their annual variable reward for the year, cannot be disposed of during the 6 months immediately following delivery.
The unavailability regime applies to the net amount of the shares, that is to say, discounting the portion necessary for the employee
to pay taxes on the shares received. This shares unavailability regime also applies in the event of termination of the employment contract
or the contract of a director with BBVA Argentina for any cause, except in the case of death and all degrees of disability for labor purposes.
After the unavailability period, BBVA Argentina's employees that are part of the &#8220;Colectivo Sujeto&#8221; group may freely transfer
their shares.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">In addition to achieving the goals set
forth for such incentive, the beneficiary shall remain active in the Entity as of the settlement date, he/she should be entitled to receive
regular variable rewards for that fiscal year, and should have not been subject to penalties for serious noncompliance with the code of
conduct and other internal regulations.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; text-indent: 0in"><B>XI. Code of conduct</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The Entity has a Code of Conduct binding
on all employees and officers of BBVA Argentina.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The Code of Conduct defines the ethical
behavior that the Board of BBVA Argentina considers applicable to the businesses and activities conducted by BBVA Argentina and the group
companies in Argentina; builds the foundations thereof and lays down the guidelines required for corporate integrity to be outwardly expressed
in: (i) relationships with customers, employees, officers, suppliers, and third parties; (ii) acting in the various markets as issuers
or operators; (iii) individual actions by employees and officers; and (iv) establishing specific bodies and functions endowed with the
responsibility of enforcing the Code and fostering the actions necessary to effectively safeguard corporate integrity as a whole.</P>

<P STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin: 0 0 6pt 28.35pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B>XII.</B></FONT><B><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Conflict of interest</FONT></B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">On November 24, 2020, the Board of Directors
approved the General Conflicts of Interest Policy at BBVA Argentina and other affiliates in Argentina.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The Policy contains the following principal
guidelines: (i) it determines the scope of application; (ii) it sets forth the general principles, (iii) it identifies conflicts of interest;
and establishes the measures for preventing and handling conflicts of interest; (iv) it regulates the conflicts of interest of members
of the management board; and (v) it provides the model of government and supervision of this Policy.</P>


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<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">In addition, Section 12 &#8220;Standards
for discharging directorship duties&#8221; of the Code of Corporate Governance regulates, among other matters, transactions between Directors
and the Bank or other Group companies.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Basically, it mandates that any Director
involved shall not be in attendance when the relevant corporate bodies, in which he/she sits, are in session to discuss the matters in
which he/she might have a direct or indirect interest or which might affect persons related to him/her in the terms defined by the laws.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">It also prescribes that the Director involved
shall refrain from entering, either directly or indirectly, into personal, professional, or commercial transactions with the Bank or companies
of its group, other than ordinary banking transactions, unless these transactions are subject to a procurement process that ensures transparency,
with competing bids, and on an arm&#8217;s length basis.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><B>XIII. Diversity and inclusion</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">On September 4, 2020, the Argentine Central
Bank (&#8220;BCRA&#8221;) issued Communication &#8220;A&#8221; 7100, incorporating gender equality criteria to its &quot;Corporate Governance
Guidelines for Financial Institutions&quot; as best corporate practice for the composition of financial institutions' governance bodies.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Within the &#8220;General Considerations&#8221;
section of the &quot;Corporate Governance Guidelines for Financial Institutions,&#8221; the Argentine Central Bank incorporated the following
concepts: (i)&nbsp;gender equality, as a &#8220;guideline that seeks to achieve equal participation of men and women in decision-making
roles at the workplace and to ensure the right to equal opportunities and non-discrimination based on gender;&#8221; and (ii)<B>&nbsp;</B>managing
with gender equality, such as &#8220;developing gender-equality conditions though policies and affirmative actions.&#8221;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">As stated in Communication, a good corporate
governance practice is ensuring that entities' boards of directors are made up considering gender equality, to foster discussion and enrich
the decision-making on strategies, policies and risks assumed.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Furthermore, the communication recommends
that financial institutions: (i) select and, where necessary, replace their main executives and have an appropriate succession plan in
place so that candidates meet the eligibility requirements to run the Entity, taking into account gender equality; and&nbsp;(ii) approve,
watch and review the design and operation of their personnel's compensation plan and, if applicable, their personnel's incentive plans,
according to applicable laws and considering gender equality, ensuring that they are implemented accordingly.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Besides, the boards of directors of financial
institutions will be tasked with new functions, such as: (i) approving recruitment policies that foster inclusive and diverse workplaces
in terms of gender, geographical origin, age, ethnics, professional experience, family composition, and caring responsibilities, in designating
both senior management members and the rest of the entity's personnel; (ii) approving gender and gender violence education and training
policies; and (iii) fostering mechanisms to manage with gender equality, creating, where necessary, a dedicated area, based on equal opportunities
and non-discrimination on the basis of gender, applicable to the several stages of the entity's development.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">In this respect, on November 24, 2020,
the Board of Directors approved the General Diversity and Inclusion Policy. The policy seeks to establish guidelines that instill a culture
of respect for diversity and inclusion, ensuring equal opportunities and contributing to foster a more open culture, based on respect
and richness from diverse talents. All who are part of BBVA Argentina are personally responsible for following the procedures established
in this policy to ensure diversity, inclusion and non-discrimination in their actions, and for reporting any discriminatory practice.
Some of the principles enshrined by this policy include:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">1.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Recognizing and appraising diversity
at BBVA Argentina as part of its purpose of &#8220;bringing the opportunities of this new era to everyone.&#8221;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">2.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Affording a decent, respectful and equal
treatment to all our employees, whether direct and indirect, without regard to their age, ethnics, sex, religion, disability, gender,
financial condition, political affiliation, etc., recognizing freedom of speech and equal rights and embracing inclusion. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">3.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Favoring inclusion through the full
recognition and exercise of people's rights and equality. </FONT></TD></TR></TABLE>


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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">4.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Considering diversity in all our actions,
crosscutting all our decisions as members of BBVA Argentina, for employees as well as for customers and suppliers. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">5.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Appreciating contributions from diverse
perspectives, facilitating and encouraging people's development and professional growth. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">6.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Facilitating team's balance in terms
of work, family and leisure time, fostering actions framed under the Work Better &amp; Enjoy Life umbrella. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">7.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Using appropriate language and behaviors
at all times without jokes or comments that may be detrimental to people based on their age, ethnics, sex, religion, disability, gender,
financial condition, political affiliation, etc. </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 2.45pt 6pt 28.35pt; text-align: justify">The Group organizes online training
courses and talks on diversity and inclusion addressed to all employees to raise awareness on gender equality and non-discrimination.</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0.05pt 2.45pt 0.05pt 0; text-align: justify"><SUP>&nbsp;</SUP></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #072146"><B>54. Subsequent events</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #072146"><B><U>Debt exchange - January
2025 / February 2025</U></B></P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">During the months of January and February,
2025, the Entity participated in voluntary debt exchanges under section 2, Decree No. 846/2024 issued by the Ministry of Economy. The
securities delivered/received are detailed in Note 9 &#8211; Other debt securities. The mentioned exchanges have not affected the valuation
of the assets received.</P>

<P STYLE="font: 12pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #072146"><B><U>Issuance of Bank&#8217;s
Corporate Bonds &#8211; Class 30 (Additional)/32/33/34</U></B></P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">In February 2025, the Entity issued corporate
bonds under the conditions detailed below:</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="5" STYLE="border: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #0A2299"><B>Conditions of issuance</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="width: 33%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>Class</B></FONT></TD>
    <TD STYLE="width: 17%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>30 (Additional)</B></FONT></TD>
    <TD STYLE="width: 17%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>32</B></FONT></TD>
    <TD STYLE="width: 16%; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>33</B></FONT></TD>
    <TD STYLE="width: 17%; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>34</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>Term</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">09.12.25</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">12 months</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">6 months</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">12 month</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>Currency</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Pesos</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: center; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Dollars</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: center; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Dollars</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Pesos</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>Payment of principal</B></FONT></TD>
    <TD COLSPAN="4" STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Bullet</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>Payment of interest</B></FONT></TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Upon maturity</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Quarterly</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #072146"><B><U>Sale of Real Estate
Fisherton</U></B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">On January 13, 2025, the real estate Fisherton,
located in the city of Rosario, Province of Santa Fe, was sold. Said property was recorded under &#8220;Non-current assets held for sale&#8221;
as of December 31, 2024. The income (loss) from the transaction was booked under &#8220;Income &#8211; loss from sale of non-current assets
held for sale&#8221; in 2025.</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">No other events or transactions have occurred
between year-end and the date of these consolidated financial statements which may significantly affect the Entity's financial position
or results of operations as of December 31, 2024.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><FONT STYLE="color: #072146"><B>55. </B></FONT><B><FONT STYLE="color: #072046">Accounting
principles &#8211; Explanation added for translations into <FONT STYLE="letter-spacing: -0.1pt">English</FONT></FONT></B></P>




<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">These consolidated financial statements are
presented in accordance with the financial reporting framework set forth by the BCRA, as mentioned in note 2. These accounting standards
may not conform to accounting principles generally accepted in other countries.</P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0 0 0 1.5in; text-align: right"><B>EXHIBIT A</B></P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>BREAKDOWN OF GOVERNMENT AND PRIVATE SECURITIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CONSOLIDATED WITH SUBSIDIARIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024 AND 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish - See Note 55)</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>HOLDING</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>POSITION</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 42%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 7%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 7%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 5%; border-top: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 7%; border-top: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Accounting</B></FONT></TD>
    <TD STYLE="width: 1%; border-top: black 1pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 7%; border-top: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Accounting</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 7%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt">&nbsp;</TD>
    <TD STYLE="width: 7%; border-top: black 1pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 7%; border-top: black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Account</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Identification</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Fair</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Fair value</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>balance</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>balance</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Position with</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Financial</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>value</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>level</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 1.5pt; padding-left: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>12.31.23</B></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>no options</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Options</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>position</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>DEBT SECURITIES AT FAIR VALUE THROUGH PROFIT OR LOSS</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Local:</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Government Securities &#8211; In pesos</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Argentine Treasury Bills Capitalizable in Pesos. Maturity 05-16-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9300</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">45,622,467</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">45,622,467</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">45,622,467</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">45,622,467</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Treasury Bonds in pesos adjusted by Cer. Maturity 03-31-2026</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9257</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">11,758,191</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">11,758,191</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">11,758,191</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">11,758,191</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Treasury Bonds in pesos adjusted by Cer 0% Maturity 10-31-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9312</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">7,414,965</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">2</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">7,414,965</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">7,414,965</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">7,414,965</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Argentine Treasury Bond Capitalizable. Maturity 02-13-2026</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9314</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">6,671,200</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">6,671,200</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">6,671,200</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">6,671,200</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Argentine Treasury Bills Capitalizable in Pesos. Maturity 02-28-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9253</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">3,932,947</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">3,932,947</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">3,932,947</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">3,932,947</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Argentine Treasury Bills Capitalizable in Pesos. Maturity 04-28-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9303</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">3,215,532</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">3,215,532</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">3,215,532</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">3,215,532</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Argentine Treasury Bills Capitalizable in Pesos. Maturity 08-15-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9308</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">2,191,160</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">2,191,160</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">2,191,160</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">2,191,160</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Argentine Treasury Bills Capitalizable in Pesos. Maturity 01-17-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9283</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">2,046,341</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">2</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">2,046,341</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">2,046,341</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">2,046,341</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Argentine Treasury Bills Capitalizable in Pesos. Maturity 05-30-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9304</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">2,021,394</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">2,021,394</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">2,021,394</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">2,021,394</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Argentine Treasury Bills Capitalizable in Pesos. Maturity 01-31-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9251</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1,920,252</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1,920,252</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1,920,252</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1,920,252</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Argentine Treasury Bills Capitalizable in Pesos. Maturity 02-14-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9297</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1,810,779</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1,810,779</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1,810,779</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1,810,779</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Argentine Treasury Bills Capitalizable in Pesos. Maturity 04-16-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9299</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1,196,536</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1,196,536</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1,196,536</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1,196,536</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Treasury Bonds in pesos adjusted by Cer 0%. Maturity 12-15-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9248</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1,022,133</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1,022,133</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1,022,133</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1,022,133</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Argentine Treasury Bills Capitalizable in Pesos. Maturity 03-14-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9298</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">449,531</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">449,531</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">449,531</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">449,531</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Argentine Treasury Bills Capitalizable in Pesos. Maturity 08-29-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9296</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">208,538</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">208,538</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">208,538</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">208,538</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Argentine Treasury Bills Capitalizable in Pesos. Maturity 06-30-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9295</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">142,001</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">142,001</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">142,001</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">142,001</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Argentine Treasury Bond in Pesos adjusted by CER 4.25 %. Maturity 02-14-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9179</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">79,516</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">79,516</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">389,882</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">79,516</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">79,516</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Argentine Treasury Bills Capitalizable in Pesos. Maturity 03-31-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9256</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">27,475</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">27,475</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">27,475</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">27,475</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Treasury Bills adjusted by Cer. Maturity&nbsp;&nbsp;01-18-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9221</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">446,799</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Subtotal Government Securities - In pesos</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">91,730,958</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">91,730,958</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">836,681</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">91,730,958</FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">91,730,958</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Government Securities &#8211; In foreign currency</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">AL30 Bond Local Law US$ Step Up Maturity&nbsp;&nbsp;07-09-2030</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">5921/81377</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">66,219</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">66,219</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">59,528</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">66,219</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">66,219</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Argentine Bond in dual currency. Maturity 06-30-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9230</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">470,852,827</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Argentine Bond in dual currency. Maturity 02-28-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9156</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">15,830,775</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">GD30 Bond Foreign Law USC Step Up. Maturity 07-09-2030</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">81086</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">61,916</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Subtotal Government Securities- In foreign currency</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">66,219</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">66,219</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">486,805,046</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">66,219</FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">66,219</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Private Securities - In pesos</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Corporate bond New San S.A. Series 18 in Pesos Private BADLAR + 300 bps. Maturity 10-17-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">57449</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">3</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">574,423</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Corporate bond New San S.A. Series 19 in Pesos Monetary Policy Rate. Maturity 10-17-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">57450</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">3</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">511,189</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Corporate bond Toyota Cia Financiera Series 32 in Pesos Maturity 02-09-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">57287</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">3</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">390</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Subtotal Private Securities - In pesos</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">1,086,002</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Private Securities - In foreign currency</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Corporate bond Central Puerto Series A in US$ Maturity 03-14-2026</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">57363</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">3,596,552</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Subtotal Private Securities- In foreign currency</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">3,596,552</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>TOTAL DEBT SECURITIES AT FAIR VALUE THROUGH PROFIT OR LOSS</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>91,797,177</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>91,797,177</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>492,324,281</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>91,797,177</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>91,797,177</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->141<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 4in">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right"><B>EXHIBIT A</B></P>

<P STYLE="font: 7pt/7pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146">(Continued)</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>BREAKDOWN OF GOVERNMENT AND PRIVATE SECURITIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CONSOLIDATED WITH SUBSIDIARIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024 AND 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish - See Note 55)</P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-bottom: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>HOLDING</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>POSITION</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 44%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 7%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 7%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 5%; border-top: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 7%; border-top: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Accounting</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-top: #072146 1pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 6%; border-top: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Accounting</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 7%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 6%; border-top: #072146 1pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 7%; border-top: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Account </B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Identification</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Fair</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Fair value</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>balance</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>balance</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Position with</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Financial</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>value</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>level</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 1.5pt; padding-left: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>12.31.23</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>no options</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Options</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>position</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
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    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>OTHER DEBT SECURITIES</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>MEASURED AT FAIR VALUE THROUGH OCI</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Local:</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Government Securities - In pesos</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Treasury Bonds in pesos adjusted by Cer. Maturity 03-31-2026 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9257</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">394,906,029</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">394,906,029</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">394,906,029</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">394,906,029</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Treasury Bonds in pesos adjusted by Cer 0% Maturity 12-15-2025 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9248</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">245,559,764</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">245,559,764</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">245,559,764</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">245,559,764</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Argentine Treasury Bills Capitalizable in Pesos. Maturity 02-28-2025 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9253</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">248,085,666</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">248,085,666</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">248,085,666</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">248,085,666</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Argentine Treasury Bills Capitalizable in Pesos. Maturity 03-31-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9256</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">246,103,423</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">246,103,423</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">246,103,423</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">246,103,423</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Argentine Treasury Bills Capitalizable in Pesos. Maturity 04-16-2025 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9299</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">162,263,275</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">162,263,275</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">162,263,275</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">162,263,275</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Argentine Treasury Bills Capitalizable in Pesos. Maturity 07-31-2025 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9305</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">155,442,254</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">155,442,254</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">155,442,254</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">155,442,254</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Treasury Bonds in pesos adjusted by Cer 0% Maturity 12-15-2026 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9249</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">143,133,800</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">143,133,800</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">143,133,800</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">143,133,800</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Argentine Treasury Bonds Capitalizable in Pesos Maturity 12-15-2025 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9310</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">131,750,000</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">131,750,000</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">131,750,000</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">131,750,000</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Argentine Treasury Bonds Capitalizable in Pesos Maturity 10-17-2025 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9309</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">128,218,000</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">128,218,000</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">128,218,000</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">128,218,000</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Argentine Treasury Bills Capitalizable in Pesos. Maturity 09-30-2025 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9306</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">64,525,000</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">64,525,000</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">64,525,000</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">64,525,000</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Argentine Treasury Bills Capitalizable in Pesos. Maturity 06-18-2025 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9288</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">63,900,000</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">63,900,000</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">63,900,000</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">63,900,000</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Argentine Treasury Bills Capitalizable in Pesos. Maturity 02-14-2025 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9297</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">58,075,000</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">58,075,000</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">58,075,000</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">58,075,000</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Argentine Treasury Bills Capitalizable in Pesos. Maturity 03-14-2025 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9298</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">35,340,000</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">35,340,000</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">35,340,000</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">35,340,000</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Argentine Treasury Bills Capitalizable in Pesos. Maturity 08-29-2025 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9296</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">32,575,000</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">32,575,000</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">32,575,000</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">32,575,000</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Argentine Treasury Bills Capitalizable in Pesos. Maturity 12-09-2025 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9301</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">32,575,000</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">32,575,000</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">32,575,000</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">32,575,000</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Argentine Treasury Bills Capitalizable in Pesos. Maturity 06-30-2025 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9295</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">31,525,000</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">31,525,000</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">31,525,000</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">31,525,000</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Argentine Treasury Bills Capitalizable in Pesos. Maturity 05-30-2025 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9304</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">29,887,500</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">29,887,500</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">29,887,500</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">29,887,500</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Treasury Bonds in pesos adjusted by Cer 0% Maturity 06-30-2026 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9240</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">26,449,509</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">26,449,509</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">26,449,509</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">26,449,509</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Treasury Bonds in pesos adjusted by Cer 4.25% Maturity 02-14-2025 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9180</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">18,681,070</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">18,681,070</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">122,109,199</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">18,681,070</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">18,681,070</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Treasury Bonds in pesos adjusted by Cer 2% Maturity 11-09-2026</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">5925</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">6,177,995</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">6,177,995</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">74,004</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">6,177,995</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">6,177,995</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Treasury Bonds in pesos adjusted by Cer 0% Maturity 06-30-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9244</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">6,015,000</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">6,015,000</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">6,015,000</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">6,015,000</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Argentine Treasury Bills Capitalizable in Pesos. Maturity 01-31-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9251</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">839,000</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">839,000</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">839,000</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">839,000</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Treasury Bonds in pesos adjusted by Cer 1.55% Maturity 07-26-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">5405</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">111,892,095</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Treasury Bonds in pesos adjusted by Cer 3.75% Maturity 04-14-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9178</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,722,921</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Treasury Bonds in pesos adjusted by Cer 1.50% Maturity 03-25-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">5493</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">362,318</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Treasury Bonds in pesos adjusted by Cer 4.25% Maturity 13-12-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9200</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">476,737,223</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Treasury Bonds in pesos adjusted by Cer 4% Maturity 10-14-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9179</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">423,485,649</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Subtotal Government Securities - In pesos</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">2,262,027,285</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">2,262,027,285</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">1,136,383,409</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">2,262,027,285</FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">2,262,027,285</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Government Securities - In foreign currency</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Dollar-linked Argentine Treasury Bond 0.40%. Maturity 04-30-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9120</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">64,721</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Subtotal Government Securities - In foreign currency</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">64,721</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>BCRA Bills - In pesos</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">BCRA Liquidity Bills In pesos Maturity 01-11-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">14085</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">121,927,362</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">BCRA Liquidity Bills In pesos Maturity 01-09-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">14084</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9,677,845</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">BCRA Liquidity Bills In pesos Maturity 01-02-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">14077</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">108,583</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Subtotal BCRA Bills - In pesos</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">131,713,790</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->142<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0 0 0 1.5in; text-align: right; text-indent: 0.5in; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right"><B>EXHIBIT A</B></P>

<P STYLE="font: 7pt/7pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146">(Continued)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>BREAKDOWN OF GOVERNMENT AND PRIVATE SECURITIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CONSOLIDATED WITH SUBSIDIARIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024 AND 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish - See Note 55)</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="border-bottom: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>HOLDING</B></FONT></TD>
    <TD COLSPAN="4" STYLE="border-bottom: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>POSITION</B></FONT></TD>
    </TR>
  <TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Accounting</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-top: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Accounting</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt">&nbsp;</TD>
    <TD STYLE="border-top: #072146 1pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: #072146 1pt solid; vertical-align: bottom; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt">&nbsp;</TD>
    </TR>
  <TR>
    <TD COLSPAN="2" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Account </B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Identification</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Fair </B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Fair value</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>balance</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>balance</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Position with</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Financial</B></FONT></TD>
    </TR>
  <TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: #072146 1pt solid; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>value</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>level</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>12.31.23</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: #072146 1pt solid; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>no options</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Options</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>position</B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 57%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 9%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 5%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 4%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 5%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 5%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="border-top: #072146 1pt solid; vertical-align: bottom; width: 4%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 3%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 4%">&nbsp;</TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>OTHER DEBT SECURITIES (Continued)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>BCRA Bills - In foreign currency</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Local BCRA Bills in USD. Maturity 23-11-2024</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">12093</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">14,084,603</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Local BCRA Bills in USD. Maturity 27-11-2024</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">12095</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3,521,152</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Local BCRA Bills in USD. Maturity 20-11-2024</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">12090</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">36,972,084</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Local BCRA Bills in USD. Maturity 16-11-2024</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">12089</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">97,359,824</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Subtotal BCRA Bills &#8211; In foreign currency</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">151,937,663</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>BCRA Bills- In pesos</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Bonds for the Reconstruction of a Free Argentina - SERIES 1 - Maturity 10-31-2027 (Series C)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9236/83567</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">10,980,524</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">10,980,524</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">10,980,524</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">10,980,524</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Bonds for the Reconstruction of a Free Argentina - SERIES 1 - Maturity 10-31-2027 (Series D)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9237/83568</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">10,770,937</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">10,770,937</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">10,770,937</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">10,770,937</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Bonds for the Reconstruction of a Free Argentina - SERIES 1 - Maturity 10-31-2027 (Series A)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9234</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">7,875,767</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">7,875,767</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">7,875,767</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">7,875,767</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Bonds for the Reconstruction of a Free Argentina - SERIES 1 - Maturity 10-31-2027 (Series B)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9235</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">7,471,684</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">7,471,684</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">7,471,684</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">7,471,684</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Subtotal BCRA Bills- In pesos</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">37,098,912</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">37,098,912</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">37,098,912</FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">37,098,912</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Private Securities- In pesos</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond Fiat Compa&ntilde;&iacute;a Financiera Series 20 in Pesos Maturity 01-03-2026</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">58274</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,023,161</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,023,161</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,023,161</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,023,161</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond New San S.A. in Pesos Series 20 Private BADLAR. Maturity 01-02-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">57557</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">271,905</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">271,905</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">271,905</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">271,905</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond Bco de Serv. Financieros Cl. 24 in Pesos at Floating Rate Maturity 02-02-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">57560</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">213,171</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">213,171</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">213,171</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">213,171</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond New San S.A. in Pesos Series 21 Private BADLAR Maturity 09-05-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">57750</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">171,092</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">171,092</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">171,092</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">171,092</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond Refi Pampa Series 2 in Pesos Uva Maturity 06-05-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">56123</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">108,265</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">108,265</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">189,898</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">108,265</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">108,265</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond New San S.A. in Pesos Private BADLAR + 440 bps. Maturity 02-14-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">56847</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">491,756</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond Bco de Serv. Financieros Cl. 22 in Pesos at Floating Rate. Maturity 03-03-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">56886</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">471,522</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond Petroqu&iacute;mica Com. Rivadavia S.A. in Pesos at Floating Rate. Maturity 08-15-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">56855</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">376,150</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond New San S.A. in Pesos Private BADLAR + 575 bps. Maturity 19-05-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">57044</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">331,690</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond Arcor Series 17 in Pesos Uva Maturity 20-10-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">55692</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">8,353,749</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Subtotal Private Securities - In pesos</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">2,787,594</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">2,787,594</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">10,214,765</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">2,787,594</FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">2,787,594</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Private Securities - In foreign currency</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond Vista Energy Series 23 in USD. Maturity 06-03-2027</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">57636</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">4,184,068</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">4,184,068</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">4,184,068</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">4,184,068</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bonds Tecpetrol S.A. Series 7 in USD. Maturity 22/04/2026</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">57709</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3,118,272</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3,118,272</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3,118,272</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3,118,272</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond YPF Series 32 in USD. Maturity 10-10-2028</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">58129</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3,045,186</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3,045,186</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3,045,186</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3,045,186</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond Luz De Tres Picos 4 in USD. Maturity 29-09-2026</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">56467</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,883,623</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,883,623</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">756</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,883,623</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,883,623</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bonds 360 Energy Solar S.A. Series 4 in USD at fixed rate. Maturity 30-10-2027</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">58187</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,667,701</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,667,701</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,667,701</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,667,701</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond Petroqu&iacute;mica Comodoro Rivadavia Series R in USD. Maturity 22-10-2028</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">58155</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,549,395</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,549,395</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,549,395</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,549,395</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond Minera EXAR Series 1 in USD. Maturity 11-11-2027</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">58210</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,117,813</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,117,813</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,117,813</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,117,813</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bonds YPF Series 29 in USD. Maturity 28/05/2026</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">57774</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,075,476</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,075,476</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,075,476</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,075,476</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond Empresa de Gas del Sur (EMGASUD) S.A. Series 39 in USD.&nbsp;&nbsp;Maturity 14-07-2028</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">57194</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,058,600</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,058,600</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,915,098</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,058,600</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,058,600</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond Empresa de Gas del Sur (EMGASUD) S.A. Series 39 in USD.&nbsp;&nbsp;Maturity 08-03-2027</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">57644</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,049,323</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,049,323</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,049,323</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,049,323</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond Vista Energy Series 20 in USD.&nbsp;&nbsp;Maturity 20-07-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">57081</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,742,285</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,742,285</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,889,215</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,742,285</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,742,285</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond CAPEX S.A. Series 10 US$ Maturity 05-07-2027</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">57880</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,649,240</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,649,240</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,649,240</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,649,240</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond YPF Series 33 in USD.&nbsp;&nbsp;Maturity 10-10-2028</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">58130</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,546,884</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,546,884</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,546,884</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,546,884</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond Pampa Energia S.A. Series 20 in USD.&nbsp;&nbsp;Maturity 26-03-2026</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">57682</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,050,443</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,050,443</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,050,443</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,050,443</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond John Deere Credit Cia Financiera S.A. Series X US$ Maturity 08-03-2026</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">57639</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,017,502</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,017,502</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,017,502</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,017,502</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond Petroqu&iacute;mica Comodoro Rivadavia Series O in USD.&nbsp;&nbsp;Maturity 22-09-2027</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">57379</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,011,329</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,011,329</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">257</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,011,329</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,011,329</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond Pampa Energia S.A. Series 18 in USD. Maturity 08-09-2025</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">57326</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3,489,687</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Subtotal Private Securities - In foreign currency</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">34,767,140</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">34,767,140</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">9,295,013</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">34,767,140</FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">34,767,140</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>TOTAL DEBT SECURITIES AT FAIR VALUE THROUGH OCI</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>2,336,680,931</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>2,336,680,931</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>1,439,609,361</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>2,336,680,931</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>2,336,680,931</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->143<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0 0 0 1.5in; text-align: right; text-indent: 0.5in"><B>EXHIBIT A</B></P>

<P STYLE="font: 7pt/7pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146">(Continued)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>BREAKDOWN OF GOVERNMENT AND PRIVATE SECURITIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CONSOLIDATED WITH SUBSIDIARIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024 AND 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish - See Note 55)</P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-bottom: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>HOLDING</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-top: #072146 1pt solid; border-bottom: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>POSITION</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 36%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 2%">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="width: 8%; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Identification</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 2%">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="vertical-align: bottom; width: 8%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="3" STYLE="vertical-align: bottom; width: 4%; border-top: #072146 1pt solid; border-bottom: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Fair value level</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="vertical-align: bottom; width: 8%; border-top: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Accounting balance</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 2%; border-top: #072146 1pt solid; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="vertical-align: bottom; width: 7%; border-top: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Accounting balance</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="vertical-align: bottom; width: 8%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="vertical-align: bottom; width: 7%; border-top: #072146 1pt solid; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="vertical-align: bottom; width: 7%; border-top: #072146 1pt solid; text-align: center; line-height: 5pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Account</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">
    <P STYLE="font: 5pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>Fair</B></P>
    <P STYLE="font: 5pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>value</B></P></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>12.31.23</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Position with no options</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Options</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Final position</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>OTHER DEBT SECURITIES(Continued)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>MEASURED AT AMORTIZED COST</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Government Securities - In pesos</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Argentine Treasury Bonds in pesos. Maturity 08-23-2025 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9196</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">126,100,698</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">125,492,302</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">107,798,424</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">125,492,302</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">125,492,302</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Argentine Treasury Bonds in pesos. Maturity 05-23-2027 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9132</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">24,128,357</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">24,039,592</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">70,570,093</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">24,039,592</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">24,039,592</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Argentine Treasury Bonds in pesos at 0.7% Badlar Private Rate. Maturity 11-23-2027 (1) </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9166</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">10,383,268</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">10,372,413</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">32,167,645</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">10,372,413</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">10,372,413</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Subtotal Government Securities - In pesos</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">160,612,323</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">159,904,307</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">210,536,162</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">159,904,307</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">159,904,307</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: #072146 1pt solid; border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: #072146 1pt solid; border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: #072146 1pt solid; border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: #072146 1pt solid; border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: #072146 1pt solid; border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: #072146 1pt solid; border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: #072146 1pt solid; border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>TOTAL DEBT SECURITIES AT AMORTIZED COST</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>160,612,323</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>159,904,307</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>210,536,162</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>159,904,307</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>159,904,307</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>TOTAL OTHER DEBT SECURITIES</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>2,497,293,254</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>2,496,585,238</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>1,650,145,523</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>2,496,585,238</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>2,496,585,238</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>EQUITY INSTRUMENTS</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>MEASURED AT FAIR VALUE THROUGH PROFIT OR LOSS</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Local:</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Private Securities - In pesos</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">BYMA- Bolsas y Mercados Argentina Share</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">6,062,948</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">6,062,948</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">4,723,901</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">6,062,948</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">6,062,948</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Banco de Valores de Bs. As. Share</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,092,186</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,092,186</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,300,986</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,092,186</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,092,186</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Subtotal Private Securities - In pesos</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">8,155,134</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">8,155,134</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">7,024,887</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">8,155,134</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">8,155,134</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>TOTAL EQUITY INSTRUMENTS MEASURED AT FAIR VALUE THROUGH PROFIT OR LOSS</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>8,155,134</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>8,155,134</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>7,024,887</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>8,155,134</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>8,155,134</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>MEASURED AT FAIR VALUE THROUGH OCI</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Local:</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Private Securities - In pesos</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Compensadora Electr&oacute;nica S.A.</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,436,994</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,436,994</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,941,974</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,436,994</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,436,994</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Mercado Abierto Electr&oacute;nico S.A.</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,011,785</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,011,785</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,114,544</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,011,785</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,011,785</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Seguro de Dep&oacute;sitos S.A.</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">268,270</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">268,270</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">314,132</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">268,270</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">268,270</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Other</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">15,036</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">15,036</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">10,722</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">15,036</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">15,036</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Subtotal Private Securities - In pesos</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">3,732,085</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">3,732,085</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">3,381,372</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">3,732,085</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">3,732,085</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Foreign:</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Private Securities - In foreign currency</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">735,975</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">735,975</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">880,780</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">735,975</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">735,975</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Other</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">34,513</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">34,513</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">60,425</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">34,513</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">34,513</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Subtotal Private Securities - In foreign currency</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">770,488</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">770,488</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">941,205</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">770,488</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">770,488</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>TOTAL EQUITY INSTRUMENTS MEASURED AT FAIR VALUE THROUGH OCI</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>4,502,573</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>4,502,573</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>4,322,577</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>4,502,573</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>4,502,573</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>TOTAL EQUITY INSTRUMENTS</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>12,657,707</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>12,657,707</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>11,347,464</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>12,657,707</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>12,657,707</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 1pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<P STYLE="font: 1pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<P STYLE="font: 1pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<P STYLE="font: 1pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<P STYLE="font: 1pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: justify; color: #072146">&nbsp;</P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: justify; color: #072146">(1) It represents securities computed
for minimum cash requirements as of December 31, 2024, Note 47.1 to the consolidated financial statements.</P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: justify; color: #072146">&nbsp;</P>


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<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right"><B>EXHIBIT B</B></P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center"><B>CLASSIFICATION OF LOANS AND OTHER FINANCING ACCORDING
TO FINANCIAL PERFORMANCE AND GUARANTEES RECEIVED</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center"><B>CONSOLIDATED WITH SUBSIDIARIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center"><B>AS OF DECEMBER 31, 2024 AND 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish - See Note 55)</P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Account</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 8%">&nbsp;</TD>
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 4%">&nbsp;</TD>
    <TD STYLE="width: 17%">&nbsp;</TD>
    <TD STYLE="width: 4%">&nbsp;</TD>
    <TD STYLE="width: 17%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>COMMERCIAL PORTFOLIO</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Normal performance</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>3,665,700,426</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>1,964,062,399</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Preferred collaterals and counter-guarantees &#8220;A&#8221;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">9,176,730</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">10,374,531</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Preferred collaterals and counter-guarantees &#8220;B&#8221;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">12,017,474</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">10,820,929</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">No preferred guarantees or counter guarantees</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">3,644,506,222</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">1,942,866,939</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>With special follow-up</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>642,894</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Under observation</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">642,894</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Preferred collaterals and counter-guarantees &#8220;B&#8221;</FONT></TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">642,894</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Troubled</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>3,332,010</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>6,102,355</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">No preferred guarantees or counter guarantees</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">3,332,010</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">6,102,355</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>With high risk of insolvency</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>345,338</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>55,680</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Preferred collaterals and counter-guarantees &#8220;B&#8221;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">273</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">No preferred guarantees or counter guarantees</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">345,065</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">55,680</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Uncollectible</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>29,120</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>71,189</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">No preferred guarantees or counter guarantees</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">29,120</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">71,189</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="3" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>3.669.406.894</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>1,970,934,517</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->145<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0pt; text-align: right"><B>EXHIBIT B</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: right">(Continued)</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center"><B>CLASSIFICATION OF LOANS AND OTHER FINANCING ACCORDING
TO FINANCIAL PERFORMANCE AND GUARANTEES RECEIVED</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center"><B>CONSOLIDATED WITH SUBSIDIARIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center"><B>AS OF DECEMBER 31, 2024 AND 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish - See Note 55)</P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Account</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 8%">&nbsp;</TD>
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 4%">&nbsp;</TD>
    <TD STYLE="width: 17%">&nbsp;</TD>
    <TD STYLE="width: 4%">&nbsp;</TD>
    <TD STYLE="width: 17%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>CONSUMER AND HOUSING PORTFOLIO</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Normal performance</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>4,151,185,801</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>2,598,038,384</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Preferred collaterals and counter-guarantees &#8220;A&#8221;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">1,094,341</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">880,042</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Preferred collaterals and counter-guarantees &#8220;B&#8221;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">415,856,149</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">213,476,738</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">No preferred guarantees or counter guarantees</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">3,734,235,311</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">2,383,681,604</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Low risk</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>58,909,228</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>28,786,265</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Preferred collaterals and counter-guarantees &#8220;B&#8221;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">5,802,731</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">1,726,889</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">No preferred guarantees or counter guarantees</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">53,106,497</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">27,059,376</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Low risk - with special follow-up</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>2,341,896</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>1,019,180</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">No preferred guarantees or counter guarantees</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">2,341,896</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">1,019,180</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Medium risk</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>45,946,855</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>28,180,966</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Preferred collaterals and counter-guarantees &#8220;A&#8221;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">165</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Preferred collaterals and counter-guarantees &#8220;B&#8221;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">894,082</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">443,356</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">No preferred guarantees or counter guarantees</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">45,052,773</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">27,737,445</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>High risk</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>35,332,422</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>21,422,744</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Preferred collaterals and counter-guarantees &#8220;B&#8221;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">1,898,540</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">452,594</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">No preferred guarantees or counter guarantees</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">33,433,882</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">20,970,150</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Uncollectible</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>4,757,357</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>4,002,292</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Preferred collaterals and counter-guarantees &#8220;A&#8221;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">108</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Preferred collaterals and counter-guarantees &#8220;B&#8221;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">593,506</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">957,797</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">No preferred guarantees or counter guarantees</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">4,163,743</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">3.044.495</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="3" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>4.298.473.559</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>2,681,449,831</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="3" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>TOTAL GENERAL</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>7.967.880.453</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>4,652,384,348</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 1pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->146<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>EXHIBIT C</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CONCENTRATION OF LOANS AND OTHER FINANCING</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CONSOLIDATED WITH SUBSIDIARIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024 AND 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish - See Note 55)</P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 36%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD ROWSPAN="3" STYLE="width: 15%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 8pt BBVA Benton Sans Book; margin: 2.65pt 0 1.5pt; text-align: center; color: #072146"><B>Debt</B></P>
    <P STYLE="font: 8pt BBVA Benton Sans Book; margin: 2.65pt 0 1.5pt; text-align: center; color: #072146"><B>balance</B></P></TD>
    <TD STYLE="width: 1%; border-top: black 1pt solid; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="3" STYLE="width: 15%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 8pt BBVA Benton Sans Book; margin: 1.65pt 0 1.5pt; text-align: center; color: #072146"><B>% over</B></P>
    <P STYLE="font: 8pt BBVA Benton Sans Book; margin: 2.65pt 0 1.5pt; text-align: center; color: #072146"><B>total</B></P>
    <P STYLE="font: 8pt BBVA Benton Sans Book; margin: 2.65pt 0 1.5pt; text-align: center; color: #072146"><B>portfolio</B></P></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="3" STYLE="width: 15%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 8pt BBVA Benton Sans Book; margin: 2.65pt 0 1.5pt; text-align: center; color: #072146"><B>Debt</B></P>
    <P STYLE="font: 8pt BBVA Benton Sans Book; margin: 2.65pt 0 1.5pt; text-align: center; color: #072146"><B>balance</B></P></TD>
    <TD STYLE="width: 1%; border-top: black 1pt solid; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="3" STYLE="width: 15%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 8pt BBVA Benton Sans Book; margin: 1.65pt 0 1.5pt; text-align: center; color: #072146"><B>% over</B></P>
    <P STYLE="font: 8pt BBVA Benton Sans Book; margin: 2.65pt 0 1.5pt; text-align: center; color: #072146"><B>total</B></P>
    <P STYLE="font: 8pt BBVA Benton Sans Book; margin: 2.65pt 0 1.5pt; text-align: center; color: #072146"><B>portfolio</B></P></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Number of customers</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">10 largest customers</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">1,072,951,210</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">13.47 %</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">528,426,693</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">11.36 %</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">50 following largest customers</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">999,350,452</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">12.54 %</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">530,256,216</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">11.40 %</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">100 following largest customers</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">610,108,999</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">7.66 %</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">373,874,560</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">8.04 %</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">All other customers</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">5,285,469,792</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">66.33 %</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">3,219,826,879</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">69.20 %</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD COLSPAN="2" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;TOTAL </B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>7,967,880,453</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>100.00 %</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>4.652.384.348</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>100.00 %</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 1pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->147<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>EXHIBIT D</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>BREAKDOWN BY TERM OF LOANS AND OTHER
FINANCING</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CONSOLIDATED WITH SUBSIDIARIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.) (1)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish - See Note 55)</P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="7" STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Terms remaining to maturity</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 27%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 9%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 8%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 10%; border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Portfolio </B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>1</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>3</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>6</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>24</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>more than </B></FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;ACCOUNT&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>due</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>month</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>months</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>months</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>months</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>months</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>24</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>TOTAL</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Non-financial Government sector</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">920,687</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">8,516</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">12,774</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">25,548</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">51,096</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">29,806</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black"><B>1,048,427</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Financial Sector</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">24,216,602</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">11,165,701</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">11,165,793</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">20,767,698</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">25,933,108</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">54,562</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black"><B>93,303,464</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Non-financial Private Sector and Residents Abroad</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">77,193,483</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">2,919,142,936</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1,491,541,033</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1,178,807,332</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">873,358,060</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">974,579,111</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1,862,492,478</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black"><B>9,377,114,433</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;TOTAL&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>77,193,483</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>2,944,280,225</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>1,502,715,250</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>1,189,985,899</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>894,151,306</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>1,000,563,315</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>1,862,576,846</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>9,471,466,324</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="10" STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(1) These balances are total contractual flows and, therefore, include principal, accrued and to be accrued interest and charges.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>BREAKDOWN BY TERM OF LOANS AND OTHER
FINANCING</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CONSOLIDATED WITH SUBSIDIARIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.)(1)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish - See Note 55)</P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="7" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Terms remaining to maturity</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 26%">&nbsp;</TD>
    <TD STYLE="width: 8%; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Portfolio </B></FONT></TD>
    <TD STYLE="width: 11%; border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>1</B></FONT></TD>
    <TD STYLE="width: 9%; border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>3</B></FONT></TD>
    <TD STYLE="width: 9%; border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>6</B></FONT></TD>
    <TD STYLE="width: 9%; border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12</B></FONT></TD>
    <TD STYLE="width: 9%; border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>24</B></FONT></TD>
    <TD STYLE="width: 9%; border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>more than </B></FONT></TD>
    <TD STYLE="width: 10%; border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;ACCOUNT&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>due</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>month</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>months</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>months</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>months</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>months</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>24</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>TOTAL</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Non-financial Government sector</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">105,835</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">145,718</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">39,441</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">55,634</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">111,268</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">176,174</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black"><B>634,070</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Financial Sector</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">18,404,802</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1,951,995</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">8,283,913</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">36,281,537</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">11,464,477</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">24,183,026</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black"><B>100,569,750</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Non-financial Private Sector and Residents Abroad</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">49,306,501</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1,996,634,100</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">810,079,221</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">758,036,156</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">642,491,287</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">446,519,712</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">736,221,540</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black"><B>5,439,288,517</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;TOTAL&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>49,306,501</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>2,015,144,737</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>812,176,934</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>766,359,510</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>678,828,458</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>458,095,457</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>760,580,740</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>5,540,492,337</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="9" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(1) These balances are total contractual flows and, therefore, include principal, accrued and to be accrued interest and charges.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 1pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>


<!-- Field: Page; Sequence: 149 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->148<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>EXHIBIT F</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>PROPERTY AND EQUIPMENT</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CONSOLIDATED WITH SUBSIDIARIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>FOR THE FISCAL YEAR ENDED DECEMBER 31, 2024</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish - See Note 55)</P>

<P STYLE="font: 10pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black"><B>Impairment</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="5" ROWSPAN="2" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Depreciation</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Original</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Total</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 26%">&nbsp;</TD>
    <TD STYLE="width: 7%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>value</B></FONT></TD>
    <TD STYLE="width: 5%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>estimated</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 7%; padding-top: 1.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 6%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 5%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 5%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 7%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 7%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 5%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 5%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 7%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 7%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;Account</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>at the beginning</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>useful life</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Transfer</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Additions</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Derecognitions</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Reversals</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Accumulated as of</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Transfer</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Derecognition</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>For the year</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>At year-end</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Residual value</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>of the year</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>in years</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>12.31.23</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>as of 12.31.24</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Property and equipment</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Real property&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">553,042,144</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">50</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(47,800,365)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3,965,164</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">8,153,728</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">4,576,625</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">68,502,035</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(5,698,979)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">5,468,993</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">11,871,985</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">69,206,048</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">436,423,792</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Furniture and facilities</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">180,422,468</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">10</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">17,927,686</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">16,541,832</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">96,930,949</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">16,541,786</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">18,707,287</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">99,096,450</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">82,711,872</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Machinery and equipment</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">34,984,084</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">5</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">53,892,251</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">11,228,689</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">17,810,869</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">11,230,344</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">22,622,182</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">29,202,707</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">48,444,939</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Vehicles&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">5,468,044</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">5</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">723,660</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">442,940</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3,154,394</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">240,416</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">760,042</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3,674,020</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,074,744</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Right of use of leased property</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">106,946,603</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">10</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">14,028,401</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">14,268,200</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">53,942,117</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">8,327,880</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">4,063,282</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">49,677,519</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">57,029,285</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Construction in progress</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">8,884,230</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">17,446,861</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">6,468,355</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">19,862,736</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Total Property and equipment</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>889,747,573</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>(47,800,365)</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>107,984,023</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>57,103,744</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>4,576,625</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>240,340,364</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>(5,698,979)</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>41,809,419</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>58,024,778</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>250,856,744</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>646,547,368</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>PROPERTY AND EQUIPMENT</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CONSOLIDATED WITH SUBSIDIARIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish - See Note 55)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" ROWSPAN="2" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Impairment</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="4" ROWSPAN="2" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Depreciation</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Original</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Total</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="width: 24%; padding-right: -3.55pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;Account</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>value</B></FONT></TD>
    <TD STYLE="width: 5%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>estimated</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 7%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 7%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 6%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 6%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 7%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 7%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 7%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 7%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 8%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>at the beginning</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>useful life</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Additions</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Derecognitions</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Loss</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Reversals</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Accumulated as of</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Derecognition</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>For the year</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>At year-end</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Residual value</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>of the year</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>in years</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>12.31.22</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>as of 12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Property and equipment</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Real property&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">545,402,595</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">50</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">15,759,793</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">8,813,919</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,735,867</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,429,542</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">65,217,886</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">8,540,645</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">11,824,794</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">68,502,035</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">484,540,109</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Furniture and facilities</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">173,938,549</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">10</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">14,858,656</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">8,374,737</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">87,347,699</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">8,361,929</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">17,945,179</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">96,930,949</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">83,491,519</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Machinery and equipment</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">46,958,668</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">5</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">10,576,312</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">22,550,896</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">25,809,289</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">22,550,897</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">14,552,477</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">17,810,869</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">17,173,215</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Vehicles&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">4,634,513</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">5</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,171,940</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">338,409</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,735,505</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">276,674</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">695,563</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3,154,394</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,313,650</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Right of use of leased property</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">93,930,002</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">10</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">20,795,120</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">7,778,519</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">54,220,934</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">5,509,446</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">5,230,629</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">53,942,117</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">53,004,486</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Construction in progress</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">22,175,719</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9,449,544</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">22,741,033</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">8,884,230</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Total Property and equipment</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>887,040,046</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>72,611,365</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>70,597,513</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>1,735,867</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>2,429,542</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>235,331,313</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>45,239,591</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>50,248,642</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>240,340,364</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>649,407,209</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->149<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>EXHIBIT F</B></P>

<P STYLE="font: 7pt/7pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146">(Continued)</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>INVESTMENT PROPERTY</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CONSOLIDATED WITH SUBSIDIARIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>FOR THE FISCAL YEAR ENDED DECEMBER 31, 2024</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish - See Note 55)</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Impairment</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="7" ROWSPAN="2" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Depreciation</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Original</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Total </B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 23%">&nbsp;</TD>
    <TD STYLE="width: 8%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>value</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 7%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>estimated</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 8%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Transfer</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 8%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 8%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 2%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 6%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 8%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 8%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 8%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Account</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>at the beginning </B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>useful life</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Loss</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Accumulated as of</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Transfer</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>For the year</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>At year-end</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Residual value</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>of the year</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>in year</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>12.31.23</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>as of 12.31.24</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Leased property</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">137,506,815</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">50</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">47,800,365</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">37,136,276</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9,007,463</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">5,698,979</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,626,775</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">17,333,217</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">130,837,687</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Other investment property</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3,027,250</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">10</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">536,079</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">65,536</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">601,615</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,425,635</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Total Investment Property</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>140,534,065</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>47,800,365</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>37,136,276</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>9,543,542</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>5,698,979</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>2,692,311</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>17,934,832</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>133,263,322</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; color: #072146">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; color: #072146">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>INVESTMENT PROPERTY</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CONSOLIDATED WITH SUBSIDIARIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish - See Note 55)</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; color: #072146">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Impairment</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="5" ROWSPAN="2" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Depreciation</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Original</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Total </B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 26%">&nbsp;</TD>
    <TD STYLE="width: 10%; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>value</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 8%; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>estimated</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 8%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 11%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 9%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 12%; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;Account</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>at the beginning </B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>useful life</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Loss</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Accumulated as of</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>For the year</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>At year-end</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Residual value as of</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>of the year</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>in year</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>12.31.22</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Leased property</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">138,025,774</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">50</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">518,959</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">6,736,422</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,271,041</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9,007,463</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">128,499,352</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Other investment property</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3,027,250</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">10</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">470,541</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">65,538</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">536,079</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,491,171</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Total Investment Property</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>141,053,024</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>518,959</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>7,206,963</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>2,336,579</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>9,543,542</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>130,990,523</B></FONT></TD></TR>
  </TABLE>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>EXHIBIT G</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>INTANGIBLE ASSETS</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CONSOLIDATED WITH SUBSIDIARIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>FOR THE FISCAL YEAR ENDED DECEMBER 31, 2024</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish - See Note 55)</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="7" ROWSPAN="2" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Amortization</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD ROWSPAN="4" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 4pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>Original</B></P>
    <P STYLE="font: 4pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>Value</B></P>
    <P STYLE="font: 4pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>at the beginning</B></P>
    <P STYLE="font: 4pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>of the year</B></P></TD>
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD ROWSPAN="4" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 4pt/6pt BBVA Benton Sans Book; margin: 0; text-align: justify; color: #072146"><B>Total</B></P>
    <P STYLE="font: 4pt/6pt BBVA Benton Sans Book; margin: 0; text-align: justify; color: #072146"><B>estimated</B></P>
    <P STYLE="font: 4pt/6pt BBVA Benton Sans Book; margin: 0; text-align: justify; color: #072146"><B>useful life</B></P>
    <P STYLE="font: 4pt/6pt BBVA Benton Sans Book; margin: 0; text-align: justify; color: #072146"><B>in years</B></P></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD ROWSPAN="3" STYLE="border-bottom: black 1pt solid">
    <P STYLE="font: 4pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>Accumulated as of</B></P>
    <P STYLE="font: 4pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>12.31.23</B></P></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD ROWSPAN="3" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 4pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>Residual value as of</B></P>
    <P STYLE="font: 4pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>12.31.24</B></P></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Account</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Additions</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: #072146"><B>Derecognitions</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: #072146"><B>Derecognition</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: #072146"><B>For the year</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: #072146"><B>At year-end</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 27%">&nbsp;</TD>
    <TD STYLE="width: 8%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 4%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 7%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 6%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 8%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 7%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 6%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 8%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 10%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 6pt BBVA Benton Sans Book; margin: 0">Own systems development expenses</P>
    <P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">90,968,518</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">5</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">56,541,430</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">54,576,390</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">18,807,400</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">13,987,925</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">18,885,133</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">23,704,608</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">69,228,950</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Total Intangible Assets</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>90,968,518</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>56,541,430</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>54,576,390</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>18,807,400</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>13,987,925</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>18,885,133</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>23,704,608</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>69,228,950</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>INTANGIBLE ASSETS</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CONSOLIDATED WITH SUBSIDIARIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish - See Note 55)</P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="7" ROWSPAN="2" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Amortization</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD ROWSPAN="4" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 4pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>Original</B></P>
    <P STYLE="font: 4pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>Value</B></P>
    <P STYLE="font: 4pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>at the beginning</B></P>
    <P STYLE="font: 4pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>of the year</B></P></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD ROWSPAN="4" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 4pt/6pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>Total</B></P>
    <P STYLE="font: 4pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>estimated</B></P>
    <P STYLE="font: 4pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>useful life</B></P>
    <P STYLE="font: 4pt/6pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>in years</B></P></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="3" STYLE="vertical-align: bottom; border-bottom: black 1pt solid">
    <P STYLE="font: 4pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>Accumulated as of</B></P>
    <P STYLE="font: 4pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>12.31.22</B></P></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD ROWSPAN="3" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 4pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>Residual value as of</B></P>
    <P STYLE="font: 4pt BBVA Benton Sans Book; margin: 2.65pt 0 1.5pt; text-align: center; color: #072146"><B>12.31.23</B></P></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; text-indent: 7.1pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Account</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: #072146"><B>Additions</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: #072146"><B>Derecognitions</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: #072146"><B>Derecognition</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: #072146"><B>For the year</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: #072146"><B>At year-end</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 27%">&nbsp;</TD>
    <TD STYLE="width: 7%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 7%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 8%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 7%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 7%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 7%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 7%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 7%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 8%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 6pt BBVA Benton Sans Book; margin: 2.65pt 0 1.5pt">Own systems development expenses</P>
    <P STYLE="font: 12pt BBVA Benton Sans Book; margin: 2.65pt 0 1.5pt"></P></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">80,332,774</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">5</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">19,172,013</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">8,536,269</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">15,113,610</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">4,422,968</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">8,116,758</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">18,807,400</FONT></TD>
    <TD STYLE="text-align: right; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">72,161,118</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Total Intangible Assets</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>80,332,774</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>19,172,013</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>8,536,269</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>15,113,610</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>4,422,968</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>8,116,758</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>18,807,400</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>72,161,118</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 1pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>EXHIBIT H</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>DEPOSITS CONCENTRATION</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CONSOLIDATED WITH SUBSIDIARIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024 AND 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish - See Note 55)</P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: bottom; width: 37%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Number of customers</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 2%">&nbsp;</TD>
    <TD STYLE="width: 15%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>Debt</B></P>
    <P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>balance</B></P></TD>
    <TD STYLE="width: 14%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>% over</B></P>
    <P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>total</B></P>
    <P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>portfolio</B></P></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>Debt</B></P>
    <P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>balance</B></P></TD>
    <TD STYLE="width: 14%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>% over</B></P>
    <P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>Debt</B></P>
    <P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>portfolio</B></P></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">10 largest customers</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">1,717,605,000</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">17.30 %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">1,199,565,594</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">15.14 %</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">50 following largest customers</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">1,444,405,788</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">14.55 %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">854,755,895</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">10.79 %</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">100 following largest customers</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">458,378,093</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">4.62 %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">406,392,414</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">5.13 %</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">All other customers</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">6,309,290,244</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">63.53 %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">5,464,340,332</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">68.94 %</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    </TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    </TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;TOTAL&nbsp;&nbsp;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>9,929,679,125</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>100.00 %</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>7,925,054,235</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>100.00 %</B></FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    </TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>


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<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>EXHIBIT I</B></P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>BREAKDOWN OF FINANCIAL LIABILITIES BY REMAINING
TERMS</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CONSOLIDATED WITH SUBSIDIARIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.) (1)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish - See Note 55)</P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Terms remaining to maturity</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 42%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 8%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 8%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 8%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 8%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 7%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>1</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>3</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>6</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>12</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>24</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>more than </B></FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;ACCOUNTS&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>month</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>months</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>months</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>months</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>months</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>24</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>TOTAL</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>months</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Deposits</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black"><B>9,193,221,955</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black"><B>601,393,409</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black"><B>259,515,701</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black"><B>45,001,247</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black"><B>3,215</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>10,099,135,527</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Non-financial Government sector </FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">120,755,234</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">497,034</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">121,252,268</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financial Sector </FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">4,327,184</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">4,327,184</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Non-financial Private Sector and Residents Abroad </FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">9,068,139,537</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">600,896,375</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">259,515,701</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">45,001,247</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">3,215</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">9,973,556,075</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Derivative instruments </B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>3,858,635</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>3,858,635</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Other financial liabilities </B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>1,195,659,231</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>814,228</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>1,168,649</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>1,980,414</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>3,161,071</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>20,769,209</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>1,223,552,802</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Financing received from the BCRA and other financial institutions</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>94,814,732</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>39,722,859</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>23,007,684</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>63,247,750</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>18,120,422</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>1,015</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>238,914,462</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Corporate bonds issued </B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>1,268,498</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>789,983</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>11,420,383</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>104,379,523</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>6,341,854</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>124,200,241</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>10,488,823,051</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>642,720,479</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>295,112,417</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>214,608,934</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>27,626,562</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>20,770,224</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>11,689,661,667</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD COLSPAN="8" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(1) These balances are total contractual flows and, therefore, include principal, accrued and to be accrued interest and charges.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 1pt BBVA Benton Sans Book; margin: 0; color: #072146">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>BREAKDOWN OF FINANCIAL LIABILITIES BY REMAINING
TERMS</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CONSOLIDATED WITH SUBSIDIARIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.) (1)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish - See Note 55)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="8" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Terms remaining to maturity</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>1</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>3</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>6</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>12</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>24</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>more than</B></FONT></TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;ACCOUNTS&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>month</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>months</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>months</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>months</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>months</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>24</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>TOTAL</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>months</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Deposits</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>7,387,959,354</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>618,857,544</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>206,847,633</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>4,949,771</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>630,083</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>8,219,244,385</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Non-financial Government sector </FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">74,088,159</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">280,716</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">74,368,875</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financial Sector </FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">5,603,327</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">5,603,327</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Non-financial Private Sector and Residents Abroad </FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">7,308,267,868</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">618,576,828</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">206,847,633</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">4,949,771</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">630,083</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">8,139,272,183</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Liabilities at fair value through profit or loss</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>22,495,621</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>22,495,621</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Derivative instruments </B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>4,671,486</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>4,671,486</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Other financial liabilities </B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>967,243,848</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>1,820,701</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>2,604,654</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>4,865,303</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>7,441,948</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>40,683,362</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>1,024,659,816</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Financing received from the BCRA and other financial institutions</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>46,440,896</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>6,787,900</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>9,184,817</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>29,432,517</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>17,438,600</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>20,393</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>109,305,123</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Corporate bonds issued </B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>34,193,758</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>34,193,758</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>8,428,811,205</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>627,466,145</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>218,637,104</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>73,441,349</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>25,510,631</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>40,703,755</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>9,414,570,189</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="8" STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(1) These balances are total contractual flows and, therefore, include principal, accrued and to be accrued interest and charges.</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 37%">&nbsp;</TD>
    <TD STYLE="width: 8%">&nbsp;</TD>
    <TD STYLE="width: 8%">&nbsp;</TD>
    <TD STYLE="width: 8%">&nbsp;</TD>
    <TD STYLE="width: 8%">&nbsp;</TD>
    <TD STYLE="width: 8%">&nbsp;</TD>
    <TD STYLE="width: 8%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 7%">&nbsp;</TD></TR>
  </TABLE>

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<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>EXHIBIT J</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>PROVISIONS</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CONSOLIDATED WITH SUBSIDIARIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish - See Note 55)</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 39%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 8%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 8%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 4%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 10%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%; border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>&nbsp;Decreases </B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Accounts</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Balances at the beginning of the year</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Increases</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Reversals</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Uses</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Monetary (loss) generated by provisions</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Balances as of 12.31.24</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>&nbsp;INCLUDED IN LIABILITIES</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;- Provisions for contingent commitments</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">13,005,597</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">19,499,523</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(1)(3)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(9,725,265)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">22,779,855</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;- For administrative, disciplinary and criminal penalties</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">10,888</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(5,888)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">5,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;- Provisions for termination plans</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1,676,993</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1,129,772</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(1,056,401)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1,750,364</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;- Other</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">30,435,157</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">27,077,360</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(2)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">980,972</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">5,827,558</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(28,140,923)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">22,563,064</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>TOTAL PROVISIONS</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>45,128,635</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>47,706,655</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>980,972</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>5,827,558</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>(38,928,477)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>47,098,283</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(1)</FONT></TD>
    <TD COLSPAN="9" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Set up in compliance with the provisions of Communication &#8220;A&#8221; 6868 of the BCRA.</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(2)</FONT></TD>
    <TD COLSPAN="9" STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Set up to cover contingent events not considered in other items (civil, commercial, labor lawsuits and other).</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(3)</FONT></TD>
    <TD COLSPAN="9" STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Includes an increase of 35,989 for exchange differences in foreign currency for contingent commitments</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>PROVISIONS</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CONSOLIDATED WITH SUBSIDIARIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish - See Note 55)</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 39%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 8%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 8%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 4%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 10%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%; border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>&nbsp;Decreases </B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Accounts</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Balances at the beginning of the year</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Increases</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Reversals</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Uses</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Monetary (loss) generated by provisions</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Balances as of 12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>&nbsp;INCLUDED IN LIABILITIES</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;- Provisions for contingent commitments</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">18,270,055</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">10,561,016</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(1)(3)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(15,825,474)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">13,005,597</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;- For administrative, disciplinary and criminal penalties</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">33,906</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(23,018)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">10,888</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;- Provisions for termination plans</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">3,078,806</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1,040,558</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(2,442,371)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1,676,993</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;- Other</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">37,406,982</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">34,869,075</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(2)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">226,713</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">10,688,020</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(30,926,167)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">30,435,157</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>TOTAL PROVISIONS</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>58,789,749</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>46,470,649</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>226,713</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>10,688,020</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>(49,217,030)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>45,128,635</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(1)</FONT></TD>
    <TD COLSPAN="9" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Set up in compliance with the provisions of Communication &#8220;A&#8221; 6868 of the BCRA.</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(2)</FONT></TD>
    <TD COLSPAN="9" STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Set up to cover contingent events not considered in other items (civil, commercial, labor lawsuits and other).</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(3)</FONT></TD>
    <TD COLSPAN="9" STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Includes an increase of 249,395 for exchange differences in foreign currency for contingent commitments</FONT></TD></TR>
  </TABLE>

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    <!-- Field: /Page -->

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>EXHIBIT P</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CATEGORIES OF CONSOLIDATED FINANCIAL
ASSETS AND LIABILITIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish - See Note 55)</P>

<P STYLE="font: 8pt/9.6pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Accounts</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Amortized Cost</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>FV through OCI</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>FV through profit or loss</B></FONT></TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Fair value hierarchy</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 40%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Statutory measurement</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Level 1</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Level 2</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Level 3</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>FINANCIAL ASSETS</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt"><U>Cash and deposits in banks</U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 7.1pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Cash</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">1,781,763,440</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 7.1pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Financial institutions and correspondents</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">1,042,120,327</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Debt securities at fair value through profit or loss</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">91,797,177</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">82,335,871</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">9,461,306</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Derivative instruments</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">9,863,462</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">9,863,462</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Other financial assets</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">252,342,788</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">749,178</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">749,178</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt"><U>Loans and other financing</U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 7.1pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Non-financial Government sector</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">964,726</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 7.1pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Other financial institutions</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">58,268,412</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 7.1pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt"><U>Non-financial Private Sector and Residents Abroad</U></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">7,479,338,394</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Overdrafts</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">636,336,862</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Instruments</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">1,816,528,423</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Mortgage loans</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">225,156,531</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Pledge loans</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">176,257,222</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Consumer loans</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">767,991,616</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Credit cards</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">1,984,302,001</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Finance leases</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">25,051,072</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Other</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">1,847,714,667</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Other debt securities</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">159,904,307</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">2,336,680,931</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">2,263,044,787</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">70,848,550</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">2,787,594</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Financial assets pledged as collateral</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">337,967,647</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">125,000,331</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">125,000,331</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Investments in equity instruments</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">4,502,573</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">8,155,134</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">8,155,134</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">770,488</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">3,732,085</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>TOTAL FINANCIAL ASSETS</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>11,112,670,041</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>2,466,183,835</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>110,564,951</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>2,479,285,301</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>90,943,806</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>6,519,679</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>


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<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0 0 0 5in; text-align: right; text-indent: 0.5in; color: #072146"><B>EXHIBIT P</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0 0 0 389.5pt; text-align: right; color: #072146">(Continued)</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CATEGORIES OF CONSOLIDATED FINANCIAL
ASSETS AND LIABILITIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish - See Note 55)</P>

<P STYLE="font: 8pt/120% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Accounts</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Amortized Cost</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>FV through OCI</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>FV through profit or loss</B></FONT></TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Fair value hierarchy</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 40%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Statutory measurement</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Level 1</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Level 2</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Level 3</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>FINANCIAL LIABILITIES</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt"><U>Deposits</U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 7.1pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Non-financial Government sector</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">120,614,473</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 7.1pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Financial Sector</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">4,327,184</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 7.1pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt"><U>Non-financial Private Sector and Residents Abroad</U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Checking accounts</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">1,781,297,285</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Savings accounts</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">4,568,620,629</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Time deposits and investments</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">3,400,041,541</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Other</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">54,778,013</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Derivative instruments</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">3,858,635</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">3,858,635</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Other financial liabilities</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">1,195,339,210</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Financing received from the BCRA and other financial institutions</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">200,930,558</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Corporate bonds issued</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">115,898,590</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>TOTAL FINANCIAL LIABILITIES</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>11,441,847,483</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>3,858,635</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>3,858,635</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>-</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>


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<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>EXHIBIT P</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CATEGORIES OF CONSOLIDATED FINANCIAL
ASSETS AND LIABILITIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2023</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish - See Note 55)</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; color: #072146">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Accounts</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Amortized Cost</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>FV through OCI</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>FV through profit or loss</B></FONT></TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Fair value hierarchy</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 41%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Statutory measurement</B></FONT></TD>
    <TD STYLE="width: 9%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Level 1</B></FONT></TD>
    <TD STYLE="width: 12%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Level 2</B></FONT></TD>
    <TD STYLE="width: 8%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Level 3</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>FINANCIAL ASSETS</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black"><U>Cash and deposits in banks</U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Cash</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">1,583,725,745</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Financial institutions and correspondents</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">905,193,316</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Debt securities at fair value through profit or loss</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">492,324,281</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">487,641,727</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">3,596,552</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">1,086,002</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Derivative instruments</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">21,780,413</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">21,780,413</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black"><U>Repo transactions and surety bonds</U></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 12pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Argentine Central Bank (BCRA)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">2,618,426,757</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Other financial assets</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">196,796,573</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">1,615,390</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">1,615,390</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black"><U>Loans and other financing</U></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Non-financial Government sector</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">316,210</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Other financial institutions</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">33,647,488</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black"><U>Non-financial Private Sector and Residents Abroad</U></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">4,267,933,731</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 12pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Overdrafts</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">376,905,729</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 12pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Instruments</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">1,007,048,271</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 12pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Mortgage loans</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">165,710,908</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 12pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Pledge loans</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">95,099,713</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 12pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Consumer loans</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">309,569,521</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 12pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Credit cards</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">1,488,521,433</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 12pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Finance leases</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">26,663,618</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 12pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Other</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">798,414,538</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Other debt securities</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">210,536,162</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">1,439,609,361</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">1,136,448,127</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">292,946,469</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">10,214,765</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Financial assets pledged as collateral</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">272,016,844</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">297,726,163</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">290,728,640</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">6,997,523</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Investments in equity instruments</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">4,322,577</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">7,024,887</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">7,024,887</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">941,205</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">3,381,372</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>TOTAL FINANCIAL ASSETS</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>10,088,592,826</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>1,741,658,101</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>522,744,971</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>1,923,458,771</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>326,262,162</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>14,682,139</B></FONT></TD></TR>
  </TABLE>

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<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0 0 0 5in; text-align: right; text-indent: 0.5in; color: #072146"><B>EXHIBIT P</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0 0 0 389.5pt; text-align: right; color: #072146">(Continued)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CATEGORIES OF CONSOLIDATED FINANCIAL
ASSETS AND LIABILITIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2023</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish - See Note 55)</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; color: #072146">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Accounts</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Amortized Cost</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>FV through OCI</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>FV through profit or loss</B></FONT></TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Fair value hierarchy</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 43%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 11%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Statutory measurement</B></FONT></TD>
    <TD STYLE="width: 8%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Level 1</B></FONT></TD>
    <TD STYLE="width: 9%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Level 2</B></FONT></TD>
    <TD STYLE="width: 9%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Level 3</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>FINANCIAL LIABILITIES</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black"><U>Deposits</U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Non-financial Government sector</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">74,112,350</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Financial Sector</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">5,603,327</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black"><U>Non-financial Private Sector and Residents Abroad</U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 12pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Checking accounts</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">1,989,615,392</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 12pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Savings accounts</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">3,745,858,253</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 12pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Time deposits and investments</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">2,051,433,424</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 12pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Other</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">58,431,489</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Liabilities at fair value through profit or loss</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">22,495,621</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">22,495,621</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Derivative instruments</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">4,671,486</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">4,671,486</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Other financial liabilities</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">976,139,925</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Financing received from the BCRA and other financial institutions</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">61,387,247</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Corporate bonds issued</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">27,910,020</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>TOTAL FINANCIAL LIABILITIES</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>8,990,491,427</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>27,167,107</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>27,167,107</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>-</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; color: #072146"><B>&nbsp;</B></P>


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<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>EXHIBIT Q</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>BREAKDOWN OF PROFIT OR LOSS</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CONSOLIDATED WITH SUBSIDIARIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024 AND 2023</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish - See Note 55)</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 68%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD ROWSPAN="3" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Items</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Net Financial Income/(Expense)</B></FONT></TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Statutory measurement</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Due to measurement of financial assets at fair value through profit or loss</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Income/(loss) from government securities</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">154,704,801</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(113,774,261)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Income from private securities</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">5,990,001</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">8,819,892</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Income/(loss) from financial derivative instruments</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 0.25in; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Forward transactions</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(14,889,122)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">51,248,270</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Interest rate swaps</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">1,030,476</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(387,132)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Options</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(685,766)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(1,137,120)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Income from other financial assets</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">1,512,685</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">2,992,028</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Due to measurement of financial liabilities at fair value through profit or loss</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Income/(loss) from other financial liabilities</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">2,876</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">372</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-top: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>147,665,951</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>(52,237,951)</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Interest and adjustments due to application of effective interest rate of financial assets measured at amortized cost</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Financial Income/(Expense)</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Interest income</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Government securities</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">21,791,151</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">92,678,831</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Loans and other financing</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">3,210,956,733</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">3,579,369,227</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;To the financial sector</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">16,796,646</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">13,948,303</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;To the non-financial private sector</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Overdrafts</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">303,017,240</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">383,223,388</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Instruments</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">579,932,926</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">724,217,420</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mortgage loans</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">15,336,145</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">14,071,117</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pledge loans</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">62,331,652</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">80,126,752</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer loans</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">305,531,003</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">283,675,392</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Credit cards</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">431,887,103</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">610,925,948</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Finance leases</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">12,955,249</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">20,591,504</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">1,483,168,769</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">1,448,589,403</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Repo transactions and surety bonds</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">845,845,984</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">845,394,681</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BCRA</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">843,419,334</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">844,167,266</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other financial institutions</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">2,426,650</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">1,227,415</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>4,078,593,868</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>4,517,442,739</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-top: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Interest expense</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Deposits</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(1,686,732,766)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(3,321,033,480)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Checking accounts</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(475,683,772)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(678,423,669)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Savings accounts</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(18,335,036)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(15,584,182)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Time deposits and investments</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(1,192,707,338)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(2,626,996,967)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(6,620)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(28,662)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Financing received from the BCRA and other financial institutions</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(41,980,571)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(55,106,427)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Repo transactions and surety bonds</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(12,710,894)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(54,412)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; text-indent: 21.8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">BCRA</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(688,170)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other financial institutions</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(12,022,724)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(54,412)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Other financial liabilities</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(21,750,500)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(10,049,379)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>(1,763,174,731)</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>(3,386,243,698)</B></FONT></TD></TR>
  </TABLE>

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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->159<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>EXHIBIT Q</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146">(Continued)</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>BREAKDOWN OF PROFIT OR LOSS</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CONSOLIDATED WITH SUBSIDIARIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024 AND 2023</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish - See Note 55)</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 52%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 12%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 12%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 12%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 12%; border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Interest and adjustments due to application of effective interest rate of financial assets at fair value through OCI</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Income for the year</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>OCI</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.23</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Private debt securities</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">4,358,370</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">7,541,862</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(8,068,193)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">5,154,347</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Government debt securities</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">613,289,336</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">2,408,465,174</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(496,191,174)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">643,060,160</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-top: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>617,647,706</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>2,416,007,036</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>(504,259,367)</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>648,214,507</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Commission income</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Income for the year</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.23</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Linked to obligations</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">154,723,084</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">183,640,618</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Linked to loans</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">59,731,044</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">56,009,673</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Linked to loan commitments and financial guarantees</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">1,284,515</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">1,116,938</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Linked to securities</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">19,324,931</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">14,576,241</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Linked to cards</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">274,458,562</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">254,933,228</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Linked to insurance</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">19,779,102</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">20,981,896</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Linked to foreign trade and exchange transactions</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">25,961,950</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">23,594,476</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-top: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>555,263,188</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>554,853,070</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Commission expenses</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Income/(loss) for the year</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.23</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Linked to transactions with securities</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(129,096)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(146,816)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Linked to foreign trade and exchange transactions</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(61,852,231)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(40,302,506)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Other</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(210,698,536)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(211,810,762)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>(272,679,863)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>(252,260,084)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 1pt BBVA Benton Sans Book; margin: 0; color: #072146">&nbsp;</P>


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<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>EXHIBIT R</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>ADJUSTMENT TO IMPAIRMENT LOSS - ALLOWANCES
FOR LOAN LOSSES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CONSOLIDATED WITH SUBSIDIARIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish - See Note 55)</P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>ECL of remaining life of the financial asset</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 35%; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Accounts</B></FONT></TD>
    <TD ROWSPAN="4" STYLE="width: 9%; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Balances as of 12.31.23</B></FONT></TD>
    <TD ROWSPAN="4" STYLE="width: 11%; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>ECL for the following 12 months</B></FONT></TD>
    <TD ROWSPAN="4" STYLE="width: 13%; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>FI with significant increase of </B></FONT><FONT STYLE="font-family: BBVA Benton Sans Book; color: #072146">&nbsp;<FONT STYLE="font-size: 6pt"><B>credit risk</B></FONT></FONT></TD>
    <TD ROWSPAN="4" STYLE="width: 11%; border-top: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>FI with credit impairment</B></FONT></TD>
    <TD ROWSPAN="4" STYLE="width: 11%; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Monetary gain (loss) generated by allowances</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="4" STYLE="width: 9%; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Balances as of 12.31.24</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>Other financial assets</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>3,089,931</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(44,800)</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>-</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>517,704</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(1,756,355)</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>1,806,480</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>Loans and other financing</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>98,911,277</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>44,817,308</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>18,050,627</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>66,537,358</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(69,473,976)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>158,842,594</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other financial institutions</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">2,135,471</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">3,412,414</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">171,675</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">(24,692)</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">(3,728,126)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">1,966,742</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Non-financial Private Sector and Residents Abroad</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">96,775,806</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">41,404,894</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">17,878,952</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">66,562,050</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">(65,745,850)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">156,875,852</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Overdrafts</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">7,479,954</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">2,687,648</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(372,892)</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">2,282,884</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(5,408,631)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">6,668,963</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Instruments</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">8,372,259</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">9,681,608</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">299,845</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">99,264</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(5,587,370)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">12,865,606</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Mortgage loans</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">7,202,649</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">298,180</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">2,142,994</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">4,919,566</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(5,577,461)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">8,985,928</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Pledge loans</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1,445,829</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">357,396</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">297,351</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">863,124</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(872,031)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">2,091,669</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Consumer loans</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">21,037,575</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">9,789,399</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">5,562,394</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">24,785,467</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(15,117,722)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">46,057,113</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 0.25in; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Credit cards</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">41,605,159</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">18,665,015</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">9,037,637</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">29,296,203</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(30,216,245)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">68,387,769</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Finance leases</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1,035,224</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">136,974</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">35,030</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">71,955</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(658,304)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">620,879</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Other</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">8,597,157</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(211,326)</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">876,593</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">4,243,587</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(2,308,086)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">11,197,925</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>Other debt securities</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>213,468</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>93,444</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(150,063)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>156,849</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>Contingent commitments</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>13,005,597</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>14,965,858</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>3,948,651</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>575,014</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(9,715,265)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>22,779,855</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>TOTAL ALLOWANCES</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>115,220,273</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>59,831,810</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>21,999,278</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>67,630,076</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>(81,095,659)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>183,585,778</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>ADJUSTMENT TO IMPAIRMENT LOSS - ALLOWANCES
FOR LOAN LOSSES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CONSOLIDATED WITH SUBSIDIARIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2023</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5.)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146; text-indent: 0.25in">(Translation of Financial
statements originally issued in Spanish - See Note 55)</P>

<P STYLE="font: 10pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>ECL of remaining life of the financial asset</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 35%; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Accounts</B></FONT></TD>
    <TD ROWSPAN="4" STYLE="width: 9%; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Balances as of 12.31.22</B></FONT></TD>
    <TD ROWSPAN="4" STYLE="width: 11%; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>ECL for the following 12 months</B></FONT></TD>
    <TD ROWSPAN="4" STYLE="width: 13%; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>FI with significant increase of credit risk</B></FONT></TD>
    <TD ROWSPAN="4" STYLE="width: 11%; border-top: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>FI with credit impairment</B></FONT></TD>
    <TD ROWSPAN="4" STYLE="width: 11%; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Monetary gain (loss) generated by allowances</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="4" STYLE="width: 9%; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Balances as of 12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>Other financial assets</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>3,133,179</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>1,118,331</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>-</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>1,496,466</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(2,658,045)</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>3,089,931</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>Loans and other financing</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>141,658,609</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>27,331,242</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>10,554,830</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>65,381,084</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(146,014,488)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>98,911,277</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other financial institutions</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">1,580,407</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">5,146,381</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">831,055</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">(5,431)</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">(5,416,941)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">2,135,471</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Non-financial Private Sector and Residents Abroad</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">140,078,202</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">22,184,861</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">9,723,775</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">65,386,515</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">(140,597,547)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">96,775,806</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Overdrafts</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">7,069,178</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">2,954,916</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1,959,542</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">2,277,672</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(6,781,354)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">7,479,954</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Instruments</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">5,174,840</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">9,365,717</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">694,935</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1,047,896</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(7,911,129)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">8,372,259</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Mortgage loans</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">11,630,684</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">499,670</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">2,241,332</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">4,935,926</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(12,104,963)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">7,202,649</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Pledge loans</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">5,174,422</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">418,398</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">92,577</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(216,299)</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(4,023,269)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1,445,829</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Consumer loans</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">27,796,250</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">3,135,810</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">2,732,265</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">20,723,007</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(33,349,757)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">21,037,575</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 0.25in; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Credit cards</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">68,461,767</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">9,856,467</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1,175,869</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">29,553,016</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(67,441,960)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">41,605,159</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Finance leases</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1,315,986</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">394,660</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">250,447</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">428,485</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(1,354,354)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1,035,224</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Other</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">13,455,075</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(4,440,777)</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">576,808</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">6,636,812</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(7,630,761)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">8,597,157</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>Other debt securities</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>217,591</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>225,872</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(229,995)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>213,468</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>Contingent commitments</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>18,270,055</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>9,665,184</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>525,194</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>370,639</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(15,825,475)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>13,005,597</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>TOTAL ALLOWANCES</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>163,279,434</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>38,340,629</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>11,080,024</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>67,248,189</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>(164,728,003)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>115,220,273</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 1pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>


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<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>SEPARATE STATEMENT OF FINANCIAL POSITION
</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024 AND 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of pesos
constant currency - Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish - See Note 41)</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="2" ROWSPAN="2" STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Notes and Exhibits</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 58%; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>ASSETS</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 15%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 15%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Cash and deposits in banks</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">4 and P</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>2,816,873,683</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>2,486,440,532</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>2,816,873,683</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>2,486,440,532</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;&nbsp;Cash</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">1,781,763,435</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">1,583,725,734</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;&nbsp;Financial institutions and correspondents</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">1,035,110,248</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">902,714,798</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;B.C.R.A.</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">757,637,118</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">781,551,804</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;Other in the country and abroad</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">277,473,130</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">121,162,994</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Debt securities at fair value through profit or loss</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">5, A and P</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>91,509,123</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>491,934,399</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Derivative instruments</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">6 and P</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>9,863,462</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>21,780,413</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Repo transactions and surety bonds</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">7 and P</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>-</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>2,618,426,757</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Other financial assets</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">8</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>251,452,240</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>195,892,117</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Loans and other financing</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">9</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>7,245,073,613</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>4,121,168,020</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;&nbsp;Non-financial Government sector</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">964,726</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">316,210</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;&nbsp;Other financial institutions</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">159,125,312</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">81,120,787</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;&nbsp;Non-financial Private Sector and Residents Abroad</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">7,084,983,575</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">4,039,731,023</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Other debt securities</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">10, A and P</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>2,496,585,238</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>1,639,659,293</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Financial assets pledged as collateral</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">11 and P</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>462,965,017</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>569,736,559</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Current income tax assets</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">12.1</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>45,178,817</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>-</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Investments in equity instruments</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">13, A and P</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>12,657,707</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>11,347,464</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Investments in subsidiaries and associates</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">14</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>97,881,063</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>91,901,830</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Property and equipment</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">15 and F</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>646,164,404</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>649,060,049</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Intangible assets</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">16 and G</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>68,621,326</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>71,684,825</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Deferred income tax assets</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">12.3</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>17,674,366</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>-</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Other non-financial assets</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">17</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>219,842,812</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>225,405,376</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Non-current assets held for sale</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">18</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>3,749,640</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>1,855,763</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>TOTAL ASSETS</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>14,486,092,511</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>13,196,293,397</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0 0 1.5pt">The accompanying explanatory notes and exhibits are an integral part
of these separate financial statements.</P>


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<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>SEPARATE STATEMENT OF FINANCIAL POSITION
</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024 AND 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of pesos
constant currency - Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish - See Note 41)</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="2" ROWSPAN="2" STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Notes and Exhibits</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 58%; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>LIABILITIES</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%; border-top: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 15%; border-top: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 15%; border-top: #072146 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Deposits</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">19, H and P</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>9,961,696,169</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>7,935,680,815</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;&nbsp;Non-financial Government sector</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">120,614,473</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">74,112,350</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;&nbsp;Financial Sector</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">39,420,028</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">32,910,554</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;&nbsp;Non-financial Private Sector and Residents Abroad</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">9,801,661,668</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">7,828,657,911</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Liabilities at fair value through profit or loss</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">20</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>-</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>22,495,621</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Derivative instruments</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">6 and P</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>3,858,635</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>4,671,486</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Other financial liabilities</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">21 and P</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>1,191,018,945</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>966,317,672</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Financing received from the BCRA and other financial institutions</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">22 and P</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>44,787,037</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>7,904,360</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Corporate bonds issued</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">23</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>78,563,466</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>-</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Current income tax liabilities</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">12.2</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>-</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>414,859,879</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Provisions</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">J</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>47,002,611</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>44,846,143</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Deferred income tax liabilities</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">12.3</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>-</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>50,991,717</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Other non-financial liabilities</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">24</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>580,301,247</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>686,412,349</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>TOTAL LIABILITIES</B></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>11,907,228,110</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>10,134,180,042</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" ROWSPAN="2" STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>EQUITY</B></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Share capital</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481">2</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>612,710</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>612,710</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Non-capitalized contributions</B></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>6,744,974</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>6,744,974</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Capital adjustments</B></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>902,627,443</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>902,627,443</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Reserves</B></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>1,266,599,683</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>1,415,790,037</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Other accumulated comprehensive loss</B></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>49,037,154</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>378,027,252</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Income for the year</B></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>353,242,437</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>358,310,939</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>TOTAL EQUITY</B></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>2,578,864,401</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>3,062,113,355</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>TOTAL LIABILITIES AND EQUITY</B></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>14,486,092,511</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>13,196,293,397</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="7" STYLE="padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0 0 1.5pt">The accompanying explanatory notes and exhibits are an integral part
    of these separate financial statements.</P>
    <P STYLE="font: 12pt/8pt BBVA Benton Sans Book; margin: 2.65pt 0 1.5pt">&nbsp;</P></TD></TR>
  </TABLE>

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<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>SEPARATE STATEMENT OF INCOME</B></P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>FOR THE FISCAL YEARS ENDED DECEMBER
31, 2024 and 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of pesos
constant currency - Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish - See Note 41)</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 56%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Notes and Exhibits</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 15%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 2%">&nbsp;</TD>
    <TD STYLE="width: 14%; border-bottom: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Interest income</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">26 and Q</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">4,541,306,050</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">6,729,310,061</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Interest expense</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">27 and Q</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(1,713,414,670)</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(3,304,205,670)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Net interest income</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><B>2,827,891,380</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><B>3,425,104,391</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Commission income</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">28 and Q</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">508,405,896</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">507,656,033</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Commission expense</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">29 and Q</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(276,606,751)</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(256,982,790)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Net commission income</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><B>231,799,145</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><B>250,673,243</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Net income/(loss) from measurement of financial instruments at fair value through profit or loss</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">30 y Q</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">142,896,475</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(60,252,692)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD COLSPAN="2" STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Net income from write-down of assets at amortized cost and at fair value through OCI</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">31</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">240,092,801</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">88,391,254</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Foreign exchange and gold gains</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">32</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">55,365,121</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">459,466,707</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Other operating income</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">33</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">141,031,852</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">144,303,220</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Impairment of financial assets</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">34</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(213,195,917)</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(163,296,789)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #004481 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Net operating income</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><B>3,425,880,857</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><B>4,144,389,334</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Personnel benefits</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">35</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(506,545,434)</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(531,815,377)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Administrative expenses</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">36</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(556,211,279)</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(536,090,823)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Asset depreciation and impairment </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">37</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(78,850,605)</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(61,735,169)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Other operating expenses</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">38</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(472,920,881)</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(548,035,308)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #004481 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Operating income</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><B>1,811,352,658</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><B>2,466,712,657</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Income from associates and joint ventures</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">24,545,809</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">19,874,553</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Loss on net monetary position</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(1,415,780,136)</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(1,847,213,799)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #004481 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Income before income tax</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><B>420,118,331</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><B>639,373,411</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Income tax</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">12.4</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(66,875,894)</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(281,062,472)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Net income for the year</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>353,242,437</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>358,310,939</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="9" STYLE="padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0 0 1.5pt">The accompanying explanatory notes and exhibits are an integral part
    of these separate financial statements.</P>
    <P STYLE="font: 12pt/8pt BBVA Benton Sans Book; margin: 0 0 1.5pt; text-align: justify">&nbsp;</P></TD></TR>
  </TABLE>
<P STYLE="font: 1pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->164<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0 0 0 14.05pt; text-align: center; text-indent: -10.75pt; color: #072146"><B>SEPARATE
STATEMENT OF INCOME</B></P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>FOR THE FISCAL YEARS ENDED DECEMBER
31, 2024 and 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>EARNINGS PER SHARE</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024 AND 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of pesos
constant currency - Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish - See Note 41)</P>

<P STYLE="font: 7pt BBVA Benton Sans Book; margin: 0; color: #072146"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 56%">&nbsp;</TD>
    <TD STYLE="width: 10%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 10%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Accounts</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Numerator:</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Net income attributable to owners of the Parent</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">353,242,437</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">358,310,939</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Net income attributable to owners of the Parent adjusted to reflect the effect of dilution</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">353,242,437</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">358,310,939</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Denominator:</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Weighted average of outstanding common shares for the year</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">612,710,079</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">612,710,079</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Weighted average of outstanding common shares for the year adjusted to reflect the effect of dilution</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">612,710,079</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">612,710,079</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Basic earnings per share (stated in pesos)</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146">576.5246</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146">584.7969</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Diluted earnings per share (stated in pesos) (1)</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146">576.5246</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146">584.7969</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: center; text-indent: -10.75pt"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/8pt BBVA Benton Sans Book; margin: 0 28.35pt 0 35.45pt; text-align: justify"><FONT STYLE="font-size: 8pt">(1) </FONT><FONT STYLE="font-size: 7pt">As
Banco BBVA Argentina S.A. has not issued financial instruments with dilution effects on earnings per share, basic earnings and diluted
earnings per share are equal.</FONT></P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->165<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; text-indent: -0.3pt; color: #072146"><B>SEPARATE STATEMENT OF
OTHER COMPREHENSIVE INCOME</B></P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>FOR THE FISCAL YEARS ENDED DECEMBER
31, 2024 and 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of pesos
constant currency - Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish - See Note 41)</P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 58%">&nbsp;</TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Note</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 14%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Net income for the year</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>353,242,437</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>358,310,939</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Other comprehensive income components to be reclassified to income/(loss) for the year:</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Share in Other Comprehensive Income from associates and joint ventures at equity method</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Share in Other Comprehensive Income from associates and joint ventures at equity method</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(1,470,386)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">1,470,467</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><B>(1,470,386)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><B>1,470,467</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Profit or losses from financial instruments at fair value through OCI</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Profit or losses from financial instruments at fair value through OCI</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(377,245,202)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">719,565,497</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Adjustment for reclassification for the year</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(122,608,090)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(75,818,058)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Income tax</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">12.4</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">172,189,405</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(219,354,105)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><B>(327,663,887)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><B>424,393,334</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Other comprehensive income components not to be reclassified to income/(loss) for the year:</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Income or loss on equity instruments at fair value through OCI </B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Income/(loss) for the year from equity instruments at fair value through OCI </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">144,175</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">3,013,301</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><B>144,175</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><B>3,013,301</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Total Other Comprehensive Income/(loss) for the year</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>(328,990,098)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>428,877,102</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Total Comprehensive Income</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>24,252,339</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>787,188,041</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="6" STYLE="padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0 0 1.5pt">The accompanying explanatory notes and exhibits are an integral part
    of these separate financial statements.</P>
    <P STYLE="font: 12pt/8pt BBVA Benton Sans Book; margin: 0 0 1.5pt; text-align: justify">&nbsp;</P></TD></TR>
  </TABLE>
<P STYLE="font: 1pt BBVA Benton Sans Book; margin: 0 0 0 42.5pt">&nbsp;</P>


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<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>SEPARATE STATEMENT OF CHANGES IN SHAREHOLDERS&#8217;
EQUITY </B></P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>FOR THE FISCAL YEAR ENDED DECEMBER 31,
2024</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of pesos
constant currency - Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish - See Note 41)</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="14" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt dotted; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Share Capital</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-top: black 1pt solid; border-bottom: black 1pt dotted; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Non-capitalized contributions</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" ROWSPAN="2" STYLE="border-bottom: black 1pt dotted; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Other Comprehensive Income</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" ROWSPAN="2" STYLE="border-bottom: black 1pt dotted; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Reserves</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD ROWSPAN="3" STYLE="width: 34%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Transactions</B></FONT></TD>
    <TD ROWSPAN="3" STYLE="width: 6%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Outstanding Shares</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD ROWSPAN="3" STYLE="width: 6%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Share premium</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD ROWSPAN="3" STYLE="width: 6%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Equity adjustments</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD ROWSPAN="3" STYLE="width: 10%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Income/(loss) on financial instruments at fair value through OCI</B></FONT></TD>
    <TD ROWSPAN="3" STYLE="width: 4%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Other</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD ROWSPAN="3" STYLE="width: 6%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Legal</B></FONT></TD>
    <TD ROWSPAN="3" STYLE="width: 7%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Other</B></FONT></TD>
    <TD ROWSPAN="3" STYLE="width: 7%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>&nbsp;Retained earnings</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD ROWSPAN="3" STYLE="width: 9%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>Restated balances at the beginning of the year</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481"><B>612,710</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481"><B>6,744,974</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481"><B>902,627,443</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481"><B>376,556,876</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481"><B>1,470,376</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481"><B>580,924,443</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481"><B>834,865,594</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481"><B>358,310,939</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481"><B>3,062,113,355</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Total comprehensive income for the year</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;- Net income for the year</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">353,242,437</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">353,242,437</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;- Other comprehensive income/(loss) for the year</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(327,519,712)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(1,470,386)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(328,990,098)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;-&nbsp;&nbsp;Distribution of Retained Earnings approved by the Shareholders&#8217; Meeting held on April 26, 2024 (Note 44 to the consolidated financial statements):</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Legal reserve</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">71,662,188</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(71,662,188)</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other </FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">286,648,751</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">(286,648,751)</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 6pt/6pt BBVA Benton Sans Book; margin: 0">- Distribution of Dividends approved by the Shareholders&#8217; Meeting held
    on April 26, by the BCRA on May 3 and by the Board of Directors at its meeting held on May 6, 2024 (Note 44 to the consolidated financial
    statements):</P>
    <P STYLE="font: 12pt/6pt BBVA Benton Sans Book; margin: 0">&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">Dividends in kind and in cash&nbsp;&nbsp;(1)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(507,501,293)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(507,501,293)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>Balances at fiscal year end</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481"><B>612,710</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481"><B>6,744,974</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481"><B>902,627,443</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481"><B>49,037,164</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 2.25pt double; padding-right: 0.75pt; padding-left: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481"><B>(10)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481"><B>652,586,631</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481"><B>614,013,052</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481"><B>353,242,437</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #004481"><B>2,578,864,401</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD COLSPAN="8" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">&nbsp;(1)&nbsp;&nbsp;&nbsp;Dividends per share amounts to pesos 431.24 (in nominal values).</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="8" STYLE="padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 6pt/8pt BBVA Benton Sans Book; margin: 0 0 1.5pt">The accompanying explanatory notes and exhibits are an integral part
    of these separate financial statements.</P></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>


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<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>SEPARATE STATEMENT OF CHANGES IN SHAREHOLDERS&#8217;
EQUITY </B></P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>FOR THE FISCAL YEAR ENDED DECEMBER 31,
2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of pesos
constant currency - Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish - See Note 41)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="14" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>2023</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;Share</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Non-capitalized&nbsp;&nbsp;</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Other Comprehensive</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;capital</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>contributions</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Income</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Reserves</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD ROWSPAN="3" STYLE="width: 31%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Transactions</B></FONT></TD>
    <TD ROWSPAN="3" STYLE="width: 7%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Outstanding shares</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD ROWSPAN="3" STYLE="width: 7%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Share premium</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD ROWSPAN="3" STYLE="width: 7%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Equity adjustments</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD ROWSPAN="3" STYLE="width: 8%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Income/(loss) on financial instruments at fair value through OCI</B></FONT></TD>
    <TD ROWSPAN="3" STYLE="width: 7%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Other</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD ROWSPAN="3" STYLE="width: 7%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Legal</B></FONT></TD>
    <TD ROWSPAN="3" STYLE="width: 7%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Other</B></FONT></TD>
    <TD ROWSPAN="3" STYLE="width: 7%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>&nbsp;Retained earnings</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD ROWSPAN="3" STYLE="width: 7%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>Restated balances at the beginning of the year</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>612,710</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>6,744,974</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>902,627,443</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(50,849,759)</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(91)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>501,141,870</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>685,322,910</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>398,912,866</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>2,444,512,923</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Total comprehensive income for the year</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;- Net income for the year</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">358,310,939</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">358,310,939</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;- Other comprehensive income for the year</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">427,406,635</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1,470,467</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">428,877,102</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;-&nbsp;&nbsp;Distribution of Retained Earnings approved by the Shareholders&#8217; Meeting held on April 28, 2023 (Note 44 to the consolidated financial statements):</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Legal reserve </FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">79,782,573</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(79,782,573)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other </FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">319,130,293</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(319,130,293)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;-&nbsp;&nbsp;Distribution of dividends approved by the Superintendency of Financial and Foreign Exchange Institutions of the BCRA on May 31 and by the Board of Directos at its meeting held on June 7, 2023 (Note 44 to the consolidated financial statements)::</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Dividends in kind (1)</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(169,587,609)</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(169,587,609)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Balances at fiscal year-end</B></FONT></TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>612,710</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>6,744,974</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>902,627,443</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>376,556,876</B></FONT></TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>1,470,376</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>580,924,443</B></FONT></TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>834,865,594</B></FONT></TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>358,310,939</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>3,062,113,355</B></FONT></TD></TR>
  <TR>
    <TD COLSPAN="15" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;(1)&nbsp;&nbsp;&nbsp;Dividends per share amounts to pesos 58.05 (in nominal values).</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="15" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">The accompanying explanatory notes and exhibits are an integral part of these separate financial statements.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>


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<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>SEPARATE STATEMENT OF CASH FLOWS</B></P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>FOR THE FISCAL YEARS ENDED DECEMBER
31, 2024 AND 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of pesos
constant currency - Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish - See Note 41)</P>

<P STYLE="font: 12pt/9.2pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 68%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Accounts</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 15%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 15%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Cash flows from operating activities</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Income before income tax</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>420,118,331</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>639,373,411</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Adjustment for total monetary income for the year</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>1,415,780,136</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>1,847,213,799</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Adjustments to obtain cash flows from operating activities:</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>910,712,418</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>(952,084,526)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Depreciation and amortization</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">78,850,605</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">61,735,169</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Impairment of financial assets</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">213,195,917</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">163,296,789</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Effect of foreign exchange changes on cash and cash equivalents</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">541,752,686</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(1,246,634,568)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD COLSPAN="2" STYLE="vertical-align: top; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Other adjustments</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">76,913,210</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">69,518,084</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Net decreases from operating assets:</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>(8,332,859,448)</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>(10,130,827,785)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;Debt securities at fair value through profit or loss</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">140,099,192</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(622,271,032)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;Derivative instruments</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,240,019</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(31,024,615)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Repo transactions and surety bonds</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,069,328,997</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(3,335,569,545)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;Loans and other financing</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(6,458,829,765)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(4,526,347,886)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;&nbsp;&nbsp;&nbsp;Non-financial government sector</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(1,151,102)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(1,077,758)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;&nbsp;&nbsp;&nbsp;Other financial institutions</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(136,942,905)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(60,484,218)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;&nbsp;&nbsp;&nbsp;Non-financial private sector and residents abroad</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(6,320,735,758)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(4,464,785,910)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;Other debt securities</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(2,715,012,124)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(436,591,029)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;Financial assets pledged as collateral</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(176,852,287)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(719,787,671)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;Investments in equity instruments</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(6,780,819)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(9,701,801)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;Other assets</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(186,052,661)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(449,534,206)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Net increases from operating liabilities:</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>8,536,504,973</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>9,861,711,879</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Deposits</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">7,796,724,600</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">7,992,297,899</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;&nbsp;&nbsp;&nbsp;Non-financial Government sector</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">206,884,091</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">73,165,965</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;&nbsp;&nbsp;&nbsp;Financial sector</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">27,056,672</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">55,653,870</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">&nbsp;&nbsp;&nbsp;&nbsp;Non-financial Private Sector and Residents Abroad</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">7,562,783,837</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">7,863,478,064</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Liabilities at fair value through profit or loss</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(16,571,099)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">23,064,821</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Derivative instruments</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,824,916</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">8,296,920</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Repo transactions and surety bonds</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">8,331,275</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">79,692</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Other liabilities</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">746,195,281</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,837,972,547</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Income tax paid</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(270,163,641)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(6,939,740)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Total cash flows generated by operating activities</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>2,680,092,769</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>1,258,447,038</B></FONT></TD></TR>
  </TABLE>

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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->169<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>SEPARATE STATEMENT OF CASH FLOWS</B></P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>FOR THE FISCAL YEARS ENDED DECEMBER
31, 2024 AND 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of pesos
constant currency - Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish - See Note 41)</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 68%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 15%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 15%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Accounts</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Cash flows from investing activities</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Payments:</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>(164,998,659)</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>(95,975,072)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;&nbsp;Purchase of property and equipment, intangible assets and other assets</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(163,494,433)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(91,420,551)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;&nbsp;Other payments related to investing activities</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(1,504,226)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(4,554,521)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD COLSPAN="2" STYLE="vertical-align: top; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Collections:</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>17,568,419</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>19,222,412</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;&nbsp;Other collections related to investing activities</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">17,568,419</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">19,222,412</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Total cash flows used in investing activities</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>(147,430,240)</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>(76,752,660)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Cash flows from financing activities</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Payments:</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>(104,378,738)</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>(28,336,084)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;Dividends</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(90,609,727)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(606,095)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;Financing from local financial institutions</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(706,078)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(14,171,242)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;Payment of lease liabilities</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(13,062,933)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(13,558,747)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Collections:</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>116,842,795</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>1,816,673</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;Non-subordinated corporate bonds</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">79,261,804</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;Other collections related to financing activities</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">37,580,991</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">1,816,673</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Total cash flows generated by / (used in) financing activities</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12,464,057</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>(26,519,411)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Effect of exchange rate changes on cash and cash equivalents</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(541,752,686)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">1,246,634,568</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Effect of net monetary income/(loss) of cash and cash equivalents</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(1,672,940,749)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">(1,921,749,003)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Total changes in cash flows</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>330,433,151</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>480,060,532</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Restated cash and cash equivalents at the beginning of the year (Note 4)</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>2,486,440,532</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>2,006,380,000</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Cash and cash equivalents at fiscal year-end (Note 4)</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>2,816,873,683</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>2,486,440,532</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="5" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">The accompanying explanatory notes and exhibits are an integral part of these separate financial statements.</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: center; color: #072146"><B>NOTES TO THE SEPARATE FINANCIAL
STATEMENTS</B></P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024</B></P>

<P STYLE="font: 10pt/11.5pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: center; color: #072146"><B>(Amounts stated in thousands
of Argentine pesos in constant currency &#8211; Note 2.1.5. to the consolidated financial statements)</B></P>

<P STYLE="font: 10pt/11.5pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: center; color: #072146"><B>(Translation of Financial
statements originally issued in Spanish &#8211; See Note 41)</B></P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify"><B>1. <FONT STYLE="color: #072146">Basis
for the preparation of separate financial statements</FONT></B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">As mentioned in Note 2 to the consolidated
financial statements, the Bank presents consolidated financial statements in accordance with the financial reporting framework set forth
by the Argentine Central Bank (BCRA).</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">These financial statements of the Bank
are supplementary to the consolidated financial statements mentioned above and are intended for the purposes of complying with legal and
regulatory requirements.</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 6pt 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify"><B>2. <FONT STYLE="color: #072146">Basis
for the preparation of these financial statements and applicable accounting standards</FONT></B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">These separate financial statements of the
Bank were prepared in accordance with the financial reporting framework set forth by the BCRA (Communication &#8220;A&#8221; 6114 as supplemented
by the BCRA). Except for the exceptions established by the BCRA which are explained in the following paragraph, such framework is based
on IFRS Accounting Standards (International Financial Reporting Standards) as issued by the IASB (International Accounting Standards Board)
and adopted by the Argentine Federation of Professionals Councils in Economic Sciences (FACPCE, for its acronym in Spanish). The abovementioned
international standards include the International Financial Reporting Standards (IFRS), the International Accounting Standards (IAS) and
the interpretations developed by the IFRS Interpretations Committee (IFRIC) or former IFRIC (SIC).</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Out of the exceptions set forth by the BCRA
to the application of current IFRS Accounting Standards, the following affects the preparation of these separate financial statements:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(1)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Within the framework of the convergence
process to IFRS Accounting Standards established by Communication &#8220;A&#8221; 6114, as amended and supplemented, the BCRA provided
that for fiscal years starting on or after January 1, 2020, financial institutions defined as &#8220;Group A&#8221; according to BCRA
regulations, as such is the case of the Entity, are required to start to apply paragraph 5.5 &#8220;Impairment&#8221; of IFRS 9 &#8220;Financial
Instruments&#8221; (paragraphs B5.5.1 through B5.5.55) except for exposures to the public sector, considering the exclusion set forth
by Communication &#8220;A&#8221; 6847.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 42.55pt; text-align: justify">Had the abovementioned paragraph 5.5. &#8220;Impairment&#8221;
been applied in full, according to an estimate made by the Entity, as of December 31, 2024 and 2023, its shareholders&#8217; equity would
have been reduced by 5,104,941 and 20,384,548, respectively.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 42.55pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Except for what was mentioned in the previous
paragraphs, the accounting policies applied by the Entity comply with the IFRS Accounting Standards that have been currently approved
and are applicable in the preparation of these separate financial statements in accordance with the IFRS Accounting Standards as adopted
by the BCRA as per Communication &#8220;A&#8221; 7411. In general, the BCRA does not allow the early application of any IFRS Accounting
Standards, unless otherwise specified.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Likewise, the BCRA by means of Communications
&quot;A&quot; 6323 and 6324 established guidelines for the preparation and presentation of financial statements of financial entities
as from fiscal years beginning on January 1, 2018, including additional information requirements as well as the information to be presented
in the form of Exhibits.</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">To avoid duplication of information already
provided, we refer to the consolidated financial statements regarding:</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->171<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/10pt BBVA Benton Sans Book; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt">&#8211;</TD><TD STYLE="text-align: justify">General information (Note 1 to the consolidated financial statements)</TD></TR></TABLE>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 6.55pt; text-align: justify; text-indent: 3.8pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Figures stated in thousands of pesos
(Note 2.1.2. to the consolidated financial statements)</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Presentation of Statement of Financial
Position (Note 2.1.3 to the consolidated financial statements)</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 6.55pt; text-align: justify; text-indent: 3.8pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Comparative information (Nota 2.1.4.
to the consolidated financial statements)</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% BBVA Benton Sans Book; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt">&#8211;</TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt; line-height: 120%">Measuring unit (Nota 2.1.5. to the consolidated financial
statements)</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt BBVA Benton Sans Book; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt">&#8211;</TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Summary of significant accounting policies (Note 2.3 to the consolidated
financial statements), except for the measurement of ownership interests in subsidiaries</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% BBVA Benton Sans Book; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt">&#8211;</TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt; line-height: 120%">Accounting judgments, estimates and assumptions (Note
2.4. to the consolidated financial statements)</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book">&#8211;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; line-height: 120%">Regulatory changes
introduced during this fiscal year y New pronouncements (Note 2.5. and 2.6. respectively, to the consolidated financial statements)</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt BBVA Benton Sans Book; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt">&#8211;</TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Transcription to the books (Nota 2.7. to the consolidated financial statements)</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% BBVA Benton Sans Book; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt">&#8211;</TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt; line-height: 120%">Provisions (Note 23 to the consolidated financial statements)</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% BBVA Benton Sans Book; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt">&#8211;</TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt; line-height: 120%">Share capital (Note 26 to the consolidated financial
statements)</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% BBVA Benton Sans Book; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt">&#8211;</TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt; line-height: 120%">Fair values of financial instruments (Note 40 to the
consolidated financial statements)</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt BBVA Benton Sans Book; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt">&#8211;</TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Segment reporting (Note 41 to the consolidated financial statements)</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% BBVA Benton Sans Book; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt">&#8211;</TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt; line-height: 120%">Related parties (Note 42 to the consolidated financial
statements)</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/120% BBVA Benton Sans Book; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt">&#8211;</TD><TD STYLE="text-align: justify">Financial instruments risks (Note 43 to the consolidated financial statements)</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt BBVA Benton Sans Book; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt">&#8211;</TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Restrictions to the distribution of earnings (Note 44 to the consolidated
financial statements)</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt BBVA Benton Sans Book; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt">&#8211;</TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Banking deposits guarantee insurance system (Note 46 to the consolidated
financial statements)</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt BBVA Benton Sans Book; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt">&#8211;</TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Compliance with the provisions to act in the different categories of agent
defined by the Argentine Securities Commission (Note 48 to the consolidated financial statements)</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt">&#8211;</TD><TD STYLE="text-align: justify">Compliance with the provisions of the Argentine Securities Commission &#8211; Documentation (Note 49 to
the consolidated financial statements)</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% BBVA Benton Sans Book; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt">&#8211;</TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt; line-height: 120%">Trust activities (Note 50 to the consolidated financial
statements)</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt BBVA Benton Sans Book; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt">&#8211;</TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Mutual funds (Note 51 to the consolidated financial statements)</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/120% BBVA Benton Sans Book; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt">&#8211;</TD><TD STYLE="text-align: justify">Penalties and administrative proceedings instituted by the BCRA (Note 52 to the consolidated financial
statements)</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt">&#8211;</TD><TD STYLE="text-align: justify">Capital management and corporate governance transparency policy (Note 53 to the consolidated financial
statements)</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% BBVA Benton Sans Book; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt">&#8211;</TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt; line-height: 120%">Subsequent events (Note 54 to the consolidated financial
statements) </FONT></TD></TR></TABLE>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->172<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>3. <FONT STYLE="color: #072146">Significant
accounting policies</FONT></B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify"><U>Investments in subsidiaries</U></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Subsidiaries are all entities controlled
by the Bank. The Bank controls an entity if it is exposed to, or has rights to, variable returns from its involvement with the entity
and has the ability to affect those returns through its power over the entity. The Bank reassesses whether it has control when there are
changes to one or more of the elements of control.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Ownership interests in subsidiaries are
accounted for using the equity method. They are initially recognized at cost, which includes transaction costs. After initial recognition,
the financial statements include the Bank's share in the profit or loss and OCI of investments accounted for using the equity method,
until the date when the control, significant influence or joint control cease.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The financial statements as of December
31, 2024 of the subsidiaries BBVA Asset Management Argentina S.A.U. and Consolidar Administradora de Fondos de Jubilaciones y Pensiones
S.A. (under liquidation proceedings) were adjusted considering the financial reporting framework set forth by the BCRA in order to present
financial information in constant terms.</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>4. <FONT STYLE="color: #072146">Cash and
deposits in banks</FONT></B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 49.65pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 49.65pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Cash</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,781,763,435</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,583,725,734</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">BCRA - Unrestricted current account</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">757,637,118</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">781,551,804</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Balances with other local and foreign financial institutions</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">277,473,130</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">121,162,994</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>2,816,873,683</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>2,486,440,532</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><FONT STYLE="font-size: 10pt">The balances
of Cash and deposits in banks as of December 31, 2022 amounted to 2,006,380,000</FONT>.</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->173<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B><U>Analysis of the evolution
of financing activities</U></B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The following table provides a reconciliation
between the opening and closing balances of the main liabilities arising from financing activities:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 66%; padding-right: 2.65pt; padding-left: 2.65pt">&nbsp;</TD>
    <TD STYLE="width: 17%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%; padding-right: 1.5pt; padding-left: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Financial liabilities</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Opening balance</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>59,084,401</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>48,539,813</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>Cash flows</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Issuance &#8211; Non-subordinated corporate bonds</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">79,261,804</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Collections related to financing activities</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">37,580,991</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,816,673</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Payment of principal &#8211; Non-subordinated corporate bonds and financing from local financial institutions</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(706,078)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(14,171,242)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Leases</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(13,062,933)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(13,558,747)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>Transactions that do not generate cash flows</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Additions - Right of use of leased properties</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">13,670,422</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">20,795,120</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Accrued interest and adjustments</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">16,025,982</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">11,883,988</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Monetary gain/(loss) generated by financial liabilities</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(36,199,749)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">3,778,796</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Balance at fiscal year-end</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>155,654,840</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>59,084,401</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 175 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->174<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>5. <FONT STYLE="color: #072146">Debt securities
at fair value through profit or loss</FONT></B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Government securities</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">91,509,123</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">487,251,845</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Private securities &#8211; Corporate bonds</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">4,682,554</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>91,509,123</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>491,934,399</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 7.1pt 0 28.35pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 7.1pt 0 28.35pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 28.35pt">A breakdown of this information is provided in Exhibit A.</P>

<P STYLE="font: 12pt/12pt BBVA Benton Sans Book; margin: 0 7.1pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 7.1pt 0 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>6. <FONT STYLE="color: #072146">Derivative
instruments</FONT></B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">In the ordinary course of business, the Bank
carried out foreign currency forward transactions with daily or upon-maturity settlement of differences, with no delivery of the underlying
asset and interest rate swap transactions and options. These transactions do not qualify as hedging pursuant to IFRS 9 - &#8220;Financial
Instruments&#8221;.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The aforementioned instruments are measured
at fair value and were recognized in the Consolidated Statement of Financial Position in the item &#8220;Derivative instruments&#8221;.
Changes in fair values were recognized in the Consolidated Statement of Income in &#8220;Net income from measurement of financial instruments
at fair value through profit or loss&#8221;.</P>

<P STYLE="font: 12pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><U>Assets</U></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Debit balances linked to foreign currency forwards pending settlement in pesos</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">9,270,169</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">18,588,677</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Debit balances linked to interest rate swaps - floating rate for fixed </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">593,293</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Income from put options taken&nbsp;&nbsp;(1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">3,191,736</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>9,863,462</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>21,780,413</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 8pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">(1) On July 18, 2024, the Bank undertook the bidding process
for terminating the liquidity options related to government securities issued by the BCRA (Central Bank of Argentina) and existing in
the Bank&#8217;s portfolio (Communiqu&eacute;s &#8220;B&#8221; 12,847 and &#8220;A&#8221; 7,546). As a result of such process, put options
for a face value of 546,974,473,392 were delivered.</P>

<P STYLE="font: 8pt/9.6pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><U>Liabilities</U></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Credit balances linked to foreign currency forwards pending settlement in pesos</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">3,858,635</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">4,671,486</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>3,858,635</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>4,671,486</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt">&nbsp;</P>


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<P STYLE="font: 10pt/10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The notional amounts of the forward transactions
and foreign currency forwards, stated in US Dollars (US$) and in Euros as applicable, as well as the base value of interest rate swaps
and put options taken are reported below:</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B><U>Foreign currency forwards</U></B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&nbsp;&nbsp;&nbsp;Foreign currency forward purchases - US$</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">718,460</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">169,836</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 10pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&nbsp;&nbsp;&nbsp;Foreign currency forward sales - US$</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">705,015</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">119,093</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 10pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&nbsp;&nbsp;&nbsp;Foreign currency forward sales - Euros</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">3,451</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">5,500</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B><U>Interest rate swaps</U></B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;Fixed rate for floating rate (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">7,044,000</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B><U>Put options</U></B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">&nbsp;&nbsp;&nbsp;Put options taken (2)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">142,183,107</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="width: 63%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 18%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 14%">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt">&nbsp;</P>

<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0 28.35pt 0 42.55pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(1)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Floating rate: Badlar rate, interest rate for deposits over one
million pesos, for a term of 30 to 35 days.</FONT></P>

<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0 28.35pt 0 42.55pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(2)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">On July 18, 2024, the Bank undertook the bidding process for terminating
the liquidity options related to government securities issued by the BCRA (Central Bank of Argentina) and existing in the Bank&#8217;s
portfolio (Communiqu&eacute;s &#8220;B&#8221; 12,847 and &#8220;A&#8221; 7,546). As a result of such process, put options for a face value
of 546,974,473,392 were delivered.</FONT></P>

<P STYLE="font: 9pt BBVA Benton Sans Book; margin: 0 0 0 42.55pt; text-indent: -14.2pt">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify"><B>7. <FONT STYLE="color: #072146">Repo
transactions and surety bonds</FONT></B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt"><U>Reverse repurchase transactions and surety bonds</U></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Amounts receivable for reverse repurchase transactions of BCRA Liquidity Bills/Notes (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,618,426,757</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>2,618,426,757</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(1)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">As of December 31, 2023, repurchase transactions
involving BCRA liquidity bills fell due on January 2, 2024.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt"><U>Repurchase transactions and surety bonds</U></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; text-align: justify">No repurchase transactions or surety
bonds were accounted for as of December 31, 2024 and 2023.</P>


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    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->176<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>8. <FONT STYLE="color: #072146">Other
financial assets</FONT></B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 17pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>Measured at amortized cost</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other receivables</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">143,215,543</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">106,262,727</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Financial debtors from spot transactions pending settlement</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">64,541,525</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,007,555</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Receivables from sale of ownership interest in Prisma Medios de Pago S.A. (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">34,869,174</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">88,138,521</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Non-financial debtors from spot transactions pending settlement</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">9,746,206</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,904,520</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">657,095</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">276,761</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>253,029,543</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>198,590,084</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Allowance for loan losses (Exhibit R)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(1,577,303)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(2,697,967)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>251,452,240</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>195,892,117</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/9.6pt Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B><SUP>(1)</SUP></B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">On October 1, 2021, the Bank, together
with the other Class B Shareholders, gave notice of the exercise of the put option and therefore initiated the procedure to sell 49% of
the capital stock in the company Prisma Medios de Pago S.A.</FONT></TD></TR></TABLE>

<P STYLE="font: 8pt/9.6pt BBVA Benton Sans Book; margin: 6pt 0 0 42.55pt; text-align: justify">On March 18, 2022, the transfer of all
the remaining shareholding of the Bank in Prisma Medios de Pago S.A. was consummated for a price of US$ 40,038,122. Such amount will be
paid as follows: (i) 30% in Pesos adjustable by CER (UVA) at an annual nominal rate of 15% and (ii) 70% in US Dollars at an annual nominal
rate of 10% within a term of six years.</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->177<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt"><B>9. <FONT STYLE="color: #072146">Loans and other financing</FONT></B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The Bank holds loans and other financing
under a business model intended to collect contractual cash flows. Therefore, the Bank measures loans and other financing at amortized
cost. Breakdown is as follows:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Credit cards</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,052,689,770</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,530,126,592</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Notes</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,098,210,199</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">692,636,024</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Loans for the prefinancing and financing of exports</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,003,823,052</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">333,614,287</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Consumer loans</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">791,776,182</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">329,825,691</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Discounted instruments</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">730,263,083</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">316,217,724</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Overdrafts</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">643,005,825</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">384,385,683</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Mortgage loans</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">234,142,459</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">172,913,557</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other financial institutions</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">172,191,770</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">89,390,031</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Pledge loans</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">65,793,442</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">43,237,228</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Consumer loans</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">44,037,993</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">22,220,472</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Receivables from finance leases</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">23,543,769</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">23,018,460</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Non-financial government sector</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">964,726</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">316,210</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Instruments purchased</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">920,747</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">6,566,782</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other financing</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">552,617,420</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">280,738,959</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>7,413,980,437</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>4,225,207,700</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Allowance for loan losses (Exhibit R)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(168,906,824)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(104,039,680)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>7,245,073,613</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>4,121,168,020</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The Bank entered into finance lease agreements
related to vehicles and machinery and equipment. The following table shows the total gross investment in the finance leases (lease-purchase
agreement) and the current value of the minimum collections to be received thereunder:</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072346"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072346"><B>12.31.23</B></FONT></TD></TR>
  <TR>
    <TD STYLE="width: 32%; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072346"><B>Term</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072346"><B>Total investment</B></FONT></TD>
    <TD STYLE="width: 16%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072346"><B>Current value of minimum payments</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 3%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072346"><B>Total investment</B></FONT></TD>
    <TD STYLE="width: 16%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072346"><B>Current value of minimum payments</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Up to 1 year</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">14,837,419</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">5,761,665</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">19,406,572</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">5,489,055</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 9pt/9pt BBVA Benton Sans Book; margin: 0">From 1 to 2 years</P>
    <P STYLE="font: 12pt/9pt BBVA Benton Sans Book; margin: 0">&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">13,840,471</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">6,832,742</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">17,857,811</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">5,616,071</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 9pt/9pt BBVA Benton Sans Book; margin: 0">From 2 to 3 years</P>
    <P STYLE="font: 12pt/9pt BBVA Benton Sans Book; margin: 0">&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">10,521,814</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">6,563,738</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">14,779,283</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">6,710,041</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 9pt/9pt BBVA Benton Sans Book; margin: 0">From 3 to 4 years</P>
    <P STYLE="font: 12pt/9pt BBVA Benton Sans Book; margin: 0">&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">3,974,129</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,646,884</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">7,972,993</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">4,779,270</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 9pt/9pt BBVA Benton Sans Book; margin: 0">From 4 to 5 years</P>
    <P STYLE="font: 12pt/9pt BBVA Benton Sans Book; margin: 0">&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,404,184</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">965,409</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">679,374</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">424,023</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">More than 5 years</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,040,932</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">773,331</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>45,618,949</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>23,543,769</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>60,696,033</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>23,018,460</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>45,618,949</B></FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>23,543,769</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>60,696,033</B></FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>23,018,460</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Share capital</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">23,005,860</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">21,938,821</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Interest accrued</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">537,909</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,079,639</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072346"><B>TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072346"><B>23,543,769</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072346"><B>23,018,460</B></FONT></TD></TR>
  </TABLE>

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    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->178<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 12pt 28.35pt; text-align: justify">The breakdown of loans and other financing
according to credit performance as per the criteria set forth by the BCRA are presented in Exhibit B. The information on concentration
of loans and other financing is presented in Exhibit C to these separate financial statements. The reconciliation of the information included
in those Exhibits to the carrying amounts is shown below:</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 62%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 18%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 18%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>Total Exhibit B and C</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>7,657,561,524</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>4,471,440,343</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>Plus:</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Loans to personnel</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">44,037,993</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">22,220,472</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest and other items accrued receivable from financial assets with credit value impairment</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,787,974</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,650,224</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>Less:</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 12pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Allowance for loan losses (Exhibit R)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(168,906,824)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(104,039,680)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 9pt/9pt BBVA Benton Sans Book; margin: 0 0 0 7.15pt">Adjustments for effective interest rate</P>
    <P STYLE="font: 12pt/9pt BBVA Benton Sans Book; margin: 0 0 0 12pt">&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(22,755,311)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(24,168,067)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 9pt/9pt BBVA Benton Sans Book; margin: 0 0 0 7.15pt">Corporate bonds and other private securities</P>
    <P STYLE="font: 12pt/9pt BBVA Benton Sans Book; margin: 0 0 0 12pt">&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(38,325,222)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(20,450,984)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 12pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Loan commitments</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(229,326,521)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(225,484,288)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Total Loans and other financing</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>7,245,073,613</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>4,121,168,020</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Note 43.2 to the consolidated financial statements
contains information on credit risk associated with loans and other financing and allowances measured using the expected credit loss model.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">As of December 31, 2024 and 2023, the Bank
holds the loan commitments booked in off- balance sheet accounts according to the financial reporting framework set forth by the BCRA:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 67%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; width: 15%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; width: 16%"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 9pt/9pt BBVA Benton Sans Book; margin: 2.65pt 0 1.5pt">Overdrafts and receivables agreed not used</P>
    <P STYLE="font: 9pt/9pt BBVA Benton Sans Book; margin: 2.65pt 0 1.5pt">&nbsp;</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">108,991,201</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">39,579,775</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 9pt/9pt BBVA Benton Sans Book; margin: 2.65pt 0 1.5pt">Secured loans</P>
    <P STYLE="font: 12pt/9pt BBVA Benton Sans Book; margin: 2.65pt 0 1.5pt">&nbsp;</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">60,605,351</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">96,768,335</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 9pt BBVA Benton Sans Book; margin: 2.65pt 0 1.5pt">Liabilities related to foreign trade transactions</P>
    <P STYLE="font: 12pt BBVA Benton Sans Book; margin: 2.65pt 0 1.5pt">&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">56,283,756</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">83,191,444</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 9pt/9pt BBVA Benton Sans Book; margin: 2.65pt 0 1.5pt">Guarantees granted</P>
    <P STYLE="font: 12pt/9pt BBVA Benton Sans Book; margin: 2.65pt 0 1.5pt">&nbsp;</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">3,446,213</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">5,944,734</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>229,326,521</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>225,484,288</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Risks related to the aforementioned loan
commitments are assessed and controlled within the framework of the Bank's credit risks policy.</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->179<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>10. <FONT STYLE="color: #072146">Other
debt securities</FONT></B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 17pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #004481"><B>10.1. Financial assets
measured at amortized cost</B></P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Argentine Treasury Bonds in pesos. Maturity 08-23-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">125,492,302</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">107,798,424</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Argentine Treasury Bonds in pesos. Maturity 05-23-2027</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">24,039,592</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">70,570,093</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Argentine Treasury Bonds in pesos at 0.7% Badlar Private Rate. Maturity 11-23-2027</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">10,372,413</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">32,167,645</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>159,904,307</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>210,536,162</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #004481"><B>10.2. Financial assets
measured at fair value through OCI</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 49.65pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Government securities&nbsp;&nbsp;(1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,262,027,285</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,126,070,483</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Private securities - Corporate bonds </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">37,554,734</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">19,509,778</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">BCRA Notes</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">37,098,912</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Local BCRA Bills</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">151,937,663</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">BCRA Liquidity Bills</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">131,605,207</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>2,336,680,931</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>1,429,123,131</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 12pt 0 0 28.35pt; text-align: justify">In addition, see information under Debt
Swap, Note 9.2 to the consolidated financial statements.</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>11. <FONT STYLE="color: #072146">Financial
assets pledged as collateral</FONT></B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 12pt 0 0 28.35pt; text-align: justify">As of December 31, 2024 and 2023, the
Bank pledged as collateral the following financial assets:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 64%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 14%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">BCRA - Special guarantee accounts (Note 40.1)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(1)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">211,771,973</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">211,069,288</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Deposits as collateral</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(2)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">126,162,307</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">60,889,261</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Guarantee trust - Government securities at fair value through OCI </FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(3)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">125,000,331</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">284,391,744</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Guarantee trust - USD - Government and private securities at fair value through OCI</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(4)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">30,406</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">13,386,266</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>462,965,017</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>569,736,559</B></FONT></TD></TR>
  </TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7pt/7.85pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book">(1)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book">Special guarantee current accounts opened at the BCRA
for transactions related to the automated clearing houses and other similar entities.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7pt/7.85pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book">(2)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book">Deposits pledged as collateral for activities related
to credit card transactions in the country and abroad and leases.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7pt/7.85pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book">(3)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book">Set up as collateral to operate with Rosario Futuros
Exchange (ROFEX), Bolsas y Mercados Argentinos S.A. (BYMA) and Mercado Abierto Electr&oacute;nico S.A. (MAE) on foreign currency forward
transactions and futures contracts. The trust is composed of Treasury Bonds in pesos adjusted by Cer due 2025 and 2026 (Species T2X5,
TX26 and TZXD5). As of December 31, 2023, the trust was composed of species T2X4, T2X5 and TX26. As of December 31, 2024, the trust is
composed of dollars in cash. As of December 31, 2023, the trust was composed of dollars in cash, Treasury Bonds (TV24D) and Private Securities
(LUC40, PQCOO and PQCHO).</FONT></TD></TR></TABLE>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->180<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>12. <FONT STYLE="color: #072146">Income
tax</FONT></B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">This tax should be booked using the liability
method, recognizing (as credit or debt) the tax effect of temporary differences between the accounting valuation and the tax valuation
of assets and liabilities, and its subsequent allocation to income or loss for the year in which its reversion occurs, also considering
the possibility of taking advantage of tax losses in the future.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; color: #004481"><B>12.1. Current income tax assets</B></P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<P STYLE="font: 12pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 64%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 17%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 17%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Tax advances</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">45,178,817</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>45,178,817</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>-</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify; color: #004481"><B>12.2. Current income
tax liabilities</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 49.65pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The composition of current income tax liabilities
disclosed in the Separate Statement of Financial Position is as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 64%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 17%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 17%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Income tax provision </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146">419,300,071</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Tax advances</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(4,300,772)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Collections and withholdings</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(139,420)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>414,859,879</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>


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    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->181<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #004481"><B>12.3. Deferred income
tax</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The composition and evolution of deferred
income tax assets and liabilities is as follows:</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>Account</B></P>
    <P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Changes recognized through</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Al 12.31.23</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Profit or loss</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>OCI</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Deferred tax asset</B></FONT></TD>

    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Deferred tax liability</B></FONT></TD>
    </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Allowance for loan losses</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">26,850,890</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">18,203,455</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">45,054,345</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    </TR>
  <TR STYLE="background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Provisions</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">77,535,032</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(21,493,729)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">56,041,303</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Loans and cards commissions</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">7,861,283</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(383,517)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">7,477,766</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    </TR>
  <TR STYLE="background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Organizational expenses and others</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(36,728,137)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(7,611,546)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(44,339,683)</FONT></TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Property and equipment and miscellaneous assets</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(90,833,311)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">9,917,486</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(80,915,825)</FONT></TD>
    </TR>
  <TR STYLE="background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Debt securities and investments in equity instruments</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(37,978,553)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">23,146,161</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(14,832,392)</FONT></TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Tax inflation adjustment</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,300,966</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(2,300,966)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    </TR>
  <TR STYLE="background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Tax loss</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">49,188,800</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">49,188,800</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Other</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">113</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(61)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">52</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    </TR>
  <TR STYLE="background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; vertical-align: bottom">&nbsp;</TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>Balance</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>(50,991,717)</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>68,666,083</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>157,762,266</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #004481"><B>(140,087,900)</B></FONT></TD>
    </TR>
  <TR STYLE="background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Offsettings</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>(140,087,900)</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>140,087,900</B></FONT></TD>
    </TR>
  <TR STYLE="background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; vertical-align: bottom">&nbsp;</TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Net deferred assets</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>17,674,366</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>-</B></FONT></TD>
    </TR>
  <TR STYLE="background-color: White">
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 47%">&nbsp;</TD>
    <TD STYLE="width: 7%">&nbsp;</TD>
    <TD STYLE="width: 10%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 10%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 11%">&nbsp;</TD>
    </TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 21.25pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Account</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Changes recognized through</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>As of 12.31.23</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>As of 12.31.22</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Profit or loss</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>OCI</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Deferred tax asset</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Deferred tax liability</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 38%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Allowance for loan losses</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">31,937,151</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(5,086,261)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">26,850,890</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Provisions</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">85,541,940</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(8,006,908)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">77,535,032</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Loans and cards commissions</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">8,280,147</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(418,864)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">7,861,283</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Organizational expenses and others</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(32,811,674)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(3,916,463)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(36,728,137)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Property and equipment and miscellaneous assets</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(88,049,602)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(2,783,709)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(90,833,311)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Debt securities and investments in equity instruments</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(64,606,236)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">245,981,788</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(219,354,105)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(37,978,553)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Tax inflation adjustment</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">14,330,683</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(12,029,717)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">2,300,966</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">292</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(179)</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">113</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>Balance</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1.5pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><B>(45,377,299)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1.5pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><B>213,739,687</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1.5pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><B>(219,354,105)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><B>114,548,284</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481"><B>(165,540,001)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; text-indent: 9.8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Offsettings</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>(114,548,284)</B></FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>114,548,284</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Net deferred liabilities</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>(50,991,717)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify; color: #004481"><B>12.4. Income tax</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Below are the main components of the income
tax expense in the separate financial statements:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 62%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 18%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 17%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Current income tax expense</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(135,541,977)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(494,802,420)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Income/(loss) from deferred income tax</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">68,666,083</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">213,739,948</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Income tax recognized through profit or loss</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>(66,875,894)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>(281,062,472)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Income tax recognized through OCI</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>172,189,405</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>(219,354,105)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Total income tax</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>105,313,511</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>(500,416,577)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The Bank's effective tax rate calculated
on the income tax recognized in the income statement for the fiscal year ended December 31, 2024 and 2023 was 16% and 44%, respectively.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->183<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Below is a reconciliation between the tax
that would result from applying the current tax rate on income before income tax and the income tax expense recognized in profit or loss
as of December 31, 2024, comparative with the previous year:</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 62%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Income before income tax</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">420,118,331</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">639,373,411</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 10pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Income tax rate</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">35 %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">35 %</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; color: #004481"><B>Tax on taxable income</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>147,041,416</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #004481"><B>223,780,694</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Permanent differences:</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Non-taxable income</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(13,373,091)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(10,109,605)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Non-income tax deductible expenses</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,065,238</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">615,903</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 10pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Accounting inflation adjustment</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">671,044,397</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">836,705,737</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 10pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Tax inflation adjustment</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(747,995,883)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(737,233,422)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Other</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">8,093,817</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(32,696,835)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt; color: #072146"><B>Income tax expense</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>66,875,894</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>281,062,472</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>13. <FONT STYLE="color: #072146">Investments
in equity instruments</FONT></B></P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #004481"><B>13.1. Investments in equity
instruments through profit or loss</B></P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Private securities - Shares of other non-controlled companies <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">8,155,134</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">7,024,887</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>8,155,134</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>7,024,887</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><SUP>(1) See Exhibit A to the separate financial
statements.</SUP></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify"><SUP>&nbsp;</SUP></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify"><SUP>&nbsp;</SUP></P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify"><SUP>&nbsp;</SUP></P>


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<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #004481"><B>13.2. Investments in equity
instruments through other comprehensive income</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><SUP>&nbsp;</SUP></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><SUP>&nbsp;</SUP></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Compensadora Electr&oacute;nica S.A.</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,436,994</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,941,974</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Mercado Abierto Electr&oacute;nico S.A.</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,011,785</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,114,544</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Banco Latinoamericano de Exportaciones S.A.</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">735,975</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">880,780</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Seguro de Dep&oacute;sitos S.A.</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">268,270</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">314,132</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">49,549</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">71,147</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>4,502,573</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>4,322,577</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><B>14. <FONT STYLE="color: #072146">Investments
in subsidiaries</FONT></B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">The Bank has investments in the following
entities over which it has a control or significant influence which are measured by applying the equity method:</P>

<P STYLE="font: 8pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>Subsidiaries</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">BBVA Asset Management Argentina S.A.U. Sociedad Gerente de Fondos Comunes de Inversi&oacute;n&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">30,814,765</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">24,811,868</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Volkswagen Financial Services Compa&ntilde;&iacute;a Financiera S.A.</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">29,407,389</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">25,152,144</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">PSA Finance Arg. C&iacute;a. Financiera S.A.</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">13,651,813</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">14,685,891</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Consolidar A.F.J.P. S.A. (undergoing liquidation proceedings) (3)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">189,103</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">322,880</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>Associates</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Rombo Compa&ntilde;&iacute;a Financiera S.A.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">10,358,064</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">6,701,552</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">BBVA Seguros Argentina S.A.</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">7,416,514</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">10,256,766</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Interbanking S.A.</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">3,375,717</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">4,595,583</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Play Digital S.A. (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,930,078</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">4,252,970</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Openpay Argentina S.A. (2)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">737,620</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,122,176</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>97,881,063</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>91,901,830</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><SUP>(1)</SUP></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">To establish the value of this investment,
accounting information from Play Digital S.A. has been used as of September 30, 2024. Additionally, significant transactions carried out
or events that occurred between October 1, 2024 and December&nbsp;31, 2024 have been considered. In addition, on February 27, 2023 and
October 18, 2023, capital contributions were made in the amount of 396,030 (2,375,465 in restated values) and 600,969 (1,852,294 in restated
values), respectively. Besides, on August 23, 2024, a new capital contribution was made for 427,401 (477,730 in restated values). </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><SUP>(2)</SUP></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">On April 19, 2023, the amount of 29,205
(150,081 in restated values) in shares were subscribed for and paid in cash. It is worth mentioning that on July 4, 2024, a new capital
contribution was made, amounting to 250,377 (291,537 in restated values), which was also paid in in cash.</FONT></TD></TR></TABLE>


<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><SUP>(3)</SUP></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">On November 28, 2023, a contribution
in cash was made for 120,000 (327,849 in restated values). The Bank subscribed 64,667 (176,682 in restated values) and BBVA subscribed
55,333 (151,167 in restated values). </FONT></TD></TR></TABLE>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->185<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 49.6pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0 0 0 0.5in"><SUP>&nbsp;</SUP></P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">In addition, see also the information under Offer
to purchase 50% of FCA Compa&ntilde;&iacute;a Financiera S.A. in Note 2.2 to the consolidated financial statements.</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>15. Property and equipment</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Real Estate </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">436,423,792</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">484,540,109</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Furniture and facilities </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">82,600,627</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">83,316,895</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Right of use - Real estate </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">56,934,426</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">52,982,365</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Machinery and equipment</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">48,435,192</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">17,154,428</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Works in progress</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">19,862,736</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">8,884,230</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Vehicles </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,907,631</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,182,022</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>646,164,404</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>649,060,049</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The breakdown of lease assets and liabilities
as well as interest and foreign exchange differences recognized in profit or loss is disclosed in Note 25 to these separate financial
statements.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">As mentioned in Note 2.3.12, as of December
31, 2024, the recoverable value of Property and equipment exceeds its accounting balance.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">As of December 31, 2023, the impairment of
certain assets carried under property and equipment was recognized for 4,576,625.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The changes in this item for the years 2024
and 2023 are reported in Exhibit F.</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"></P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->186<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>16. Intangible assets</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Own systems development expenses</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">68,621,326</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">71,684,825</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>68,621,326</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>71,684,825</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The changes in this item for the years 2024
and 2023 are reported in Exhibit &#8220;G&#8221;.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>17. Other non-financial
assets</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.6pt; text-indent: -0.25pt">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Investment properties</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">133,263,322</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">130,990,523</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Prepayments</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">27,975,865</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">26,419,876</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Advances to suppliers of goods</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">17,336,437</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">14,377,596</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Tax advances</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">15,011,493</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">16,354,505</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other miscellaneous assets</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">12,557,834</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,632,651</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Advances to personnel</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">10,976,759</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">18,525,667</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Foreclosed assets</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">112,974</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">122,332</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,608,128</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">16,982,226</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>219,842,812</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>225,405,376</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Investment properties include pieces of real
estate leased to third parties. The average term of lease agreements is 6 years. Subsequent renewals are negotiated with the lessee. The
Group has classified these leases as operating leases, since these arrangements do not substantially transfer all risks and benefits inherent
to the ownership of the assets. The rental income is recognized under &#8220;Other operating income&#8221; on a straight-line basis during
the term of the lease.</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/11.2pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The changes in investment property for
the years 2024 and 2023 are reported in Exhibit F.</P>

<P STYLE="font: 10pt/11.2pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/112% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">As mentioned in note 2.3.12 as of December
31, 2024 and 2023, the recoverable value of Investment properties does not exceed its accounting balance considering the impairment recorded
as of such dates in the properties detailed below:</P>

<P STYLE="font: 10pt/112% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>Account</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; padding-top: 2.15pt; padding-bottom: 1pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>Impairment</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 60%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 19%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 1.15pt; padding-bottom: 1pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 19%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 1.15pt; padding-bottom: 1pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Real Estate &#8211; Torre BBVA</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(16,683,862)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Real Estate &#8211; Della Paolera</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(10,877,934)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Real Estate &#8211; Edificio Tesla</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(8,605,852)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Real Estate - Viamonte</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(1,487,587)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(518,959)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>(37,655,235)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>(518,959)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 13.65pt; text-align: justify; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>18. Non-current assets
held for sale</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">It includes pieces of real estate located
in the Argentine Republic, which the Bank&#8217;s Board of Directors agreed to sell in the short term. Breakdown is as follows:</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 62%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 18%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 18%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Real Estate held for sale &#8211; Villa del Parque</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,509,906</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Real Estate held for sale - Llavallol</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">829,952</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Real Estate held for sale - Fisherton</FONT><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">590,642</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,041,944</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Real Estate held for sale - Avellaneda</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">344,844</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Real Estate held for sale - Villa Lynch</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">272,859</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">272,859</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Real Estate held for sale - Bernal</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">201,437</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">201,437</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Real Estate held for sale &#8211; Mendoza</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">339,523</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>3,749,640</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>1,855,763</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt/10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt"><SUP>&nbsp;</SUP></P>

<P STYLE="font: 8pt/10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><SUP>(1)</SUP> On January 13, 2025, the real
estate held for sale &#8211; Fisherton was sold. See Note 54 &#8211; Subsequent events to the consolidated financial statements.</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">As mentioned in note 2.3.12 as of December
31, 2024 and 2023, the recoverable value of non-current assets held for sale does not exceed its accounting balance considering the impairment
recorded as of such dates detailed below:</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>Account</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>Impairment</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.2024</B></FONT></TD>
    <TD STYLE="width: 1%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 16%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.2023</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Real Estate held for sale - Fisherton</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(990,686)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(539,384)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>(990,686)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>(539,384)</B></FONT></TD></TR>
  </TABLE>

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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->188<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; color: #072146"><B>19. Deposits</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The information on concentration of deposits
is disclosed in Exhibit H. Breakdown is as follows:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Non-financial Government sector</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">120,614,473</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">74,112,350</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Financial sector</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">39,420,028</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">32,910,554</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Non-financial Private Sector and Residents Abroad</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">9,801,661,668</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">7,828,657,911</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Savings accounts</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">4,569,073,350</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">3,746,628,663</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Time deposits</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">3,092,560,572</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,637,375,251</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Checking accounts</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,781,495,670</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,989,617,940</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investment accounts</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">303,754,063</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">396,604,568</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">54,778,013</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">58,431,489</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>9,961,696,169</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>7,935,680,815</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>20. Liabilities at fair
value through profit or loss</B></P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Liabilities for government securities transactions</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">22,495,621</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>22,495,621</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 190 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->189<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>21. Other financial liabilities</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 16%; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 16%; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Obligations from financing of purchases</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">907,432,486</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">612,362,960</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Collections and other transactions on behalf of third parties </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">103,696,454</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">88,853,549</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Lease liabilities (Note 25)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">32,304,337</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">51,180,041</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Cash and cash equivalents from spot purchases or sales pending settlement </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">30,361,873</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">741,090</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Payment orders pending credit</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">29,455,350</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">31,141,331</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Funds collected under ARCA&#8217;s instructions</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">19,127,288</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">160,877,424</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Receivables for spot purchases pending settlement</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">8,942,092</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,673,811</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Commissions accrued payable</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">170,833</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">27,987</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">59,528,232</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">19,459,479</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>1,191,018,945</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>966,317,672</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>22. Financing received
from the BCRA and other financial institutions</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 16%; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 16%; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Foreign financial institutions</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">43,776,917</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">5,818,767</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Local financial institutions</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">777,203</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,847,519</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">BCRA</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">232,917</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">238,074</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>44,787,037</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>7,904,360</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>23. Corporate bonds issued</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">As of December 31, 2024, the balances related
to corporate bonds of the Bank were as follows:</P>

<P STYLE="font: 9pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 11%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #002060"><B>Detail</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 11%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #002060"><B>Issuance date</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 11%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #002060"><B>Nominal value</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #002060"><B>Maturity</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 19%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #002060"><B>Rate</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #002060"><B>Payment of interest</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 11%; text-align: center; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #002060"><B>Outstanding securities as of 12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 11%; text-align: center; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #002060"><B>Outstanding securities as of 12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Class 29 BBVA</FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">09.23.2024</FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">&#9;24,500,000</FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">06.23.2025</FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">BADLAR + 5 %</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Quarterly</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">&#9;24,500,000</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Class 30 BBVA</FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">12.12.2024</FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">&#9;15,088,235</FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">09.12.2025</FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">FIXED TEM 2.75 %</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Upon maturity</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">&#9;15,088,235</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Class 31 BBVA</FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">12.12.2024</FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">&#9;37,706,733</FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">12.12.2025</FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">TAMAR + 2.74 %</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Quarterly</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">&#9;37,706,733</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">&#9;-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #002060"><B>Total Principal</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #002060"><B>77,294,968</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #002060"><B>-</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #002060"><B>Accrued Interest</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #002060"><B>1,268,498</B></FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #002060"><B>-</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #002060"><B>Total Principal and Interest accrued</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #002060"><B>78,563,466</B></FONT></TD>
    <TD STYLE="padding-right: 2.6pt; padding-left: 2.6pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #002060"><B>-</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify"><U>Definitions</U></P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 8pt/9.6pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">BADLAR RATE: Interest rate for deposits over
1 (one) million pesos, for a term of 30 to 35 days.</P>

<P STYLE="font: 8pt/9.6pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">TAMAR RATE: Interest rate for deposits over
1 (one) billion, for a term of 30 to 35 days.</P>

<P STYLE="font: 8pt/9.6pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/10pt BBVA Benton Sans Book; margin: 0; text-align: justify">Below is a detail of current Corporate Bonds Global Program:</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 9%; border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>Company</B></FONT></TD>
    <TD STYLE="width: 9%; border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>Authorized Amount</B></FONT></TD>
    <TD STYLE="width: 16%; border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>Type of Corporate Bond</B></FONT></TD>
    <TD STYLE="width: 9%; border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>Program Term</B></FONT></TD>
    <TD STYLE="width: 18%; border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>Date of Approval by Shareholders/Board of Directors</B></FONT></TD>
    <TD STYLE="width: 39%; border: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>CNV Approval</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Banco BBVA Argentina S.A.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">U$S 500,000 thousand or its equivalent</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Non-subordinated, simple corporate bonds not convertible into shares, secured, if permitted by current regulations, with floating and/or special guarantees, and/or subordinated, convertible or not into shares, secured.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">5 years</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Approved by Shareholders' Meeting on 07/15/2003, 04/26/2007, 03/28/2008, 03/30/2011, 03/26/2012, 04/09/2013, and 04/10/2018. Approved at Board Meetings on 08/31/2004, 12/07/2004, 09/24/2008, 09/23/2009, 12/22/2009, 06/24/2022, 12/20/2022, and 05/22/2024</FONT><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">.</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Resolution No. 14,967 dated 11/29/2004, extended by Resolution No. 16,010 dated 11/06/2008. The increase in the total outstanding amount of the Program was authorized by Resolution No. 16,611 dated 07/21/2011 and Resolution No. 16,826 dated 05/30/2012. Additionally, a new extension of the Program term was authorized by Resolution No. 17,127 dated 07/11/2013, while the amendment to its general terms and conditions, extension of its validity, and increase in the maximum amount were authorized by Resolution No. RESFC-2018-19516-APN-DIR#CNV dated 05/17/2018. Finally, the extension of the Program term, reduction of the amount, and amendment to certain terms and conditions were authorized by Provision No. DI-2022-36-APN-GE#CNV dated 07/13/2022 by the CNV.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->191<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>24. Other non-financial
liabilities</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 64%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 17%; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 17%; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Miscellaneous creditors</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">251,939,776</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">271,079,740</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Short-term personnel benefits</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">107,496,909</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">130,898,426</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other collections and withholdings</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">92,331,306</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">91,271,128</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Advances collected</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">70,010,381</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">107,360,783</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other taxes payable</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">40,723,051</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">70,416,708</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">For contract liabilities</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">6,695,211</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">3,708,739</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Long-term personnel benefits</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">4,574,894</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">6,944,064</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Termination benefits payable</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">4,280,110</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,529,395</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Social security payment orders pending settlement</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">967,585</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">807,763</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,282,024</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,395,603</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>580,301,247</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>686,412,349</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 13.65pt; text-align: justify; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>25. Leases</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><U>The Bank as lessee</U></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 12pt 0 12pt 28.35pt; text-align: justify">Below is a detail of the amounts related
to the rights of use under leases and lease liabilities in force as of December 31, 2024 and 2023:</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #002060"><B>Rights of use under leases</B></P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">The changes in this item for the years 2024
and 2023 are reported in Exhibit F.</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->192<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #002060"><B>Lease liabilities</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Future minimum payments for lease agreements
are as follows:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 32%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>In foreign currency</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>In local currency</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Up to one year</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">852,573</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">179,824</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,032,397</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,649,323</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">From 1 to 5 years</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">18,392,659</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">3,537,237</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">21,929,896</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">38,279,010</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">More than 5 years</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">9,342,044</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">9,342,044</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">10,251,708</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>32,304,337</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>51,180,041</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #002060"><B>Interest and exchange
rate difference recognized in profit or loss </B></P>

<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 66%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Other operating expenses</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Interest on lease liabilities (Note 38)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(4,087,574)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(3,706,187)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Exchange rate difference</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Exchange rate difference for finance lease (loss)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(7,340,801)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(56,310,656)</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 13.65pt; text-align: justify; text-indent: -3.3pt; color: #072146"><B>&nbsp;</B></P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->193<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 13.65pt; text-align: justify; text-indent: -3.3pt">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 13.65pt; text-align: justify; text-indent: -3.3pt; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>26. Interest income</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 49.65pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 62%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 17%; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 17%; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">CER clause adjustment</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">983,381,376</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">822,980,303</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Premium for reverse repurchase agreements</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">845,845,984</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">845,394,681</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Interest from government securities </FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">634,790,623</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,500,154,630</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Interest from instruments</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">579,932,926</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">724,217,420</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Interest from credit card loans</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">431,887,103</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">610,925,948</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Interest from consumer loans</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">305,531,003</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">283,675,392</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Interest from overdrafts</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">303,052,982</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">383,238,215</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">UVA clause adjustment</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">216,047,963</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">241,028,602</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Interest from other loans</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">100,058,426</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">165,934,292</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Interest from loans to the financial sector</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">61,255,856</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">71,775,295</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Interest from pledge loans</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">24,777,246</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">30,773,149</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Interest from loans for the prefinancing and financing of exports</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">16,660,568</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">5,236,271</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Interest from mortgage loans</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">15,336,145</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">14,071,117</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Interest from finance leases</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">10,519,249</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">17,389,067</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Interest from private securities</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">4,358,370</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">7,541,862</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Other financial interest income</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">7,870,230</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">4,973,817</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>4,541,306,050</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>6,729,310,061</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 1pt/120% BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->194<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 13.65pt; text-align: justify; text-indent: -3.3pt">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>27. Interest expense</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 64%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 17%; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 17%; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Interest from time deposits</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,055,934,337</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,502,662,414</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Interest from current accounts deposits</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">478,789,895</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">686,001,395</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">UVA clause adjustment</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">133,384,580</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">93,059,557</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Interest from savings accounts deposits</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">18,335,036</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">15,584,182</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Interest from other financial liabilities</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">12,124,063</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,251,187</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Borrowing surety bond transactions</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">11,900,120</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Interfinancial loans received</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,129,245</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">4,563,861</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Premium for reverse repurchase agreements</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">810,774</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">54,412</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other financial interest expense</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">6,620</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">28,662</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>1,713,414,670</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>3,304,205,670</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>28. Commission income</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 66%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 15%; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 15%; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">For credit cards</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">274,458,562</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">254,933,228</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Linked to liabilities</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">154,854,007</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">183,761,683</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">From foreign trade and foreign currency transactions</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">25,962,880</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">23,595,273</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">From insurance</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">19,779,102</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">20,981,896</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Linked to securities</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">19,324,931</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">14,576,241</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Linked to loans</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">12,741,899</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">8,690,774</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Linked to loan commitments</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">841,081</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">887,281</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">From guarantees granted</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">443,434</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">229,657</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>508,405,896</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>507,656,033</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 196 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->195<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -3.3pt; color: #072146"><B>29.
Commission expenses</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 64%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 17%; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 17%; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">For credit and debit cards</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">151,594,142</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">148,465,714</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">For foreign trade transactions</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">61,852,231</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">40,302,506</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">For payment of wages</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">24,798,642</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">24,776,270</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">For new channels</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">18,907,569</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">13,154,114</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">For data processing</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">11,742,085</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">9,539,347</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">For advertising campaigns</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">659,815</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,207,485</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Linked to transactions with securities</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">129,096</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">146,816</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other commission expenses</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">6,923,171</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">18,390,538</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>276,606,751</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>256,982,790</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>30. Net income (loss)
from measurement of financial instruments at fair value through profit or loss</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Gain/(loss) from government securities </FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">154,522,823</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(114,213,526)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Gain from corporate bonds</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">1,512,685</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">2,992,028</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Gain from private securities</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">1,402,503</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">1,244,416</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Interest rate swaps</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">1,030,476</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(387,132)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Loss from put options</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(685,766)</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(1,137,120)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Gain/(loss) from foreign currency forward transactions </FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(14,889,122)</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">51,248,270</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Others</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">2,876</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">372</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; vertical-align: bottom; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>142,896,475</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>(60,252,692)</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="width: 64%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 14%">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 197 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->196<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>31. Net income from write-down
of assets at amortized cost and at fair value through OCI</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 64%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Income from sale of government securities</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">234,784,949</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">72,267,736</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Income from sale of private securities</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">5,307,852</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">16,123,518</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>240,092,801</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>88,391,254</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>32. Foreign exchange and
gold gains/(losses)</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 64%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Income from trading in foreign currency </FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">59,043,073</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">86,181,018</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Conversion of foreign currency assets and liabilities into pesos </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(3,677,952)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">373,285,689</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>55,365,121</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>459,466,707</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 198 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->197<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; color: #072146; text-indent: 0.5in"><B>33. Other operating income</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 64%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 17%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 17%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Adjustments and interest on miscellaneous receivables</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">46,131,374</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">59,951,762</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Rental of safe deposit boxes</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">22,306,092</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">17,572,045</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Debit and credit card commissions</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">13,089,542</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">10,249,421</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Loans recovered</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">11,792,854</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">14,739,729</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Punitive interest</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">7,157,005</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">5,391,671</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Rent</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">5,743,032</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">5,325,497</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Fees expenses recovered</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">4,471,404</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">5,095,381</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Commission from syndicated transactions </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,521,174</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,027,244</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Allowances reversed</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">810,324</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">3,195</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Other operating income</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">28,009,051</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">23,947,275</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>141,031,852</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>144,303,220</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>34. Impairment of financial
assets</B></P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 64%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 17%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 17%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Financial assets at amortized cost</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Loan loss allowance in pesos</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">206,973,207</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">129,132,287</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Loan loss allowance in foreign currency</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">6,279,329</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">34,168,622</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Financial assets at fair value through OCI</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Correction of value due to credit losses</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(56,619)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(4,120)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>213,195,917</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>163,296,789</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 141pt">&nbsp;</P>


<!-- Field: Page; Sequence: 199 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->198<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify; color: #072146; text-indent: 0.25in"><B>35. Personnel
benefits</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; text-align: justify; text-indent: 0.25in">Breakdown is as follows</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 64%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 17%; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 17%; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Salaries</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">263,908,446</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">265,370,257</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other short-term personnel benefits</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">91,948,192</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">144,103,066</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Social security withholdings and collections</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">81,411,072</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">87,960,794</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Personnel compensation and bonuses</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">53,466,177</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">15,571,369</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Personnel services</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">12,693,041</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">10,925,307</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Termination personnel benefits (Exhibit J)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,129,772</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,040,558</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other long-term personnel benefits</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,988,734</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">6,844,026</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>506,545,434</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>531,815,377</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -3.3pt; color: #072146"><B>36.
Administrative expenses</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -3.3pt; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 64%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 16%; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 16%; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Taxes</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">121,196,320</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">111,865,841</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Contracted administrative services </FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">86,167,784</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">65,986,858</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Rent</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">67,916,637</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">74,005,982</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Armored transportation services</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">48,447,340</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">45,443,899</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Maintenance and repair costs</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">48,202,153</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">45,965,274</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Advertising</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">33,613,175</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">29,443,937</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">IT</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">32,586,746</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">62,900,839</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Documents distribution</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">22,787,340</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">14,492,787</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Electricity and communications</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">19,657,568</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">18,184,908</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Security services</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">16,519,227</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">12,715,130</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Other fees</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">14,833,515</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">13,843,420</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Trade reports</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">11,570,401</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">9,845,645</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Insurance</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">4,226,019</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">4,187,819</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Representation and travel expenses</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">3,651,856</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">3,595,015</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Stationery and supplies</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">767,366</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">813,631</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Fees to Bank Directors and Supervisory Committee</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">597,055</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">601,186</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Other administrative expenses</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">23,470,777</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">22,198,652</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>556,211,279</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>536,090,823</B></FONT></TD></TR>
  </TABLE>

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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->199<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -3.3pt">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>37. Asset depreciation
and impairment</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 64%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 16%; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 16%; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Property and equipment</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">53,835,322</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">44,872,728</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Intangible assets</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">18,535,475</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">7,780,589</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Right of use of leased real estate</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">3,778,042</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">4,998,731</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Depreciation of other assets</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,701,766</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">2,347,254</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Loss from sale or impairment of property, plant and equipment</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">1,735,867</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>78,850,605</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>61,735,169</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>38. Other operating expenses</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">Breakdown is as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 64%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 16%; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 16%; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Turnover tax</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">300,065,115</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">418,056,906</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other allowances (Exhibit J)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">46,337,628</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">44,873,507</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Loss from sale or impairment of investment property and other non-financial assets</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">37,587,578</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">518,959</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Initial recognition of loans</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">26,576,994</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">25,415,254</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Adjustment for restatement of dividends in constant currency </FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">12,453,062</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Contribution to the Deposit Guarantee Fund </FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">10,925,231</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">12,419,279</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Claims</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">4,142,449</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">5,541,215</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Interest on liabilities from leases (Note 25)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">4,087,574</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">3,706,187</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other operating expenses</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">30,745,250</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">37,504,001</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>472,920,881</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; vertical-align: bottom; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>548,035,308</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 0.35pt; text-align: justify">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->200<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>39. Restricted assets</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">As of December 31, 2024 and 2023, the Bank
has the following restricted assets:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 38.25pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">a)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">The Entity applied the following assets
as security for loans agreed under the Global Credit Program for micro, small and medium-sized enterprises granted by the Inter-American
Development Bank (IDB).</FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 66%">&nbsp;</TD>
    <TD STYLE="width: 17%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="width: 17%; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="background-color: white">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Argentine Treasury Bonds adjusted by CER. Maturity 2026</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">5,873</FONT></TD>
    <TD STYLE="padding-right: 2.65pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Argentine Treasury Bonds adjusted by CER. Maturity 2024</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">27,871</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; padding-left: 42pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>5,873</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>27,871</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 56.25pt; text-align: center">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 38.25pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">b)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Also, the Entity has accounts, deposits
and trusts applied as guarantee for activities related to credit card transactions, with automated clearing houses, forward transactions,
foreign currency futures, court proceedings and leases in the amount of 462,965,017 and 569,736,559 as of December 31, 2024 and 2023,
respectively (see Note 11 to these separate financial statements)</FONT><FONT STYLE="font-family: BBVA Benton Sans Book">.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: justify; color: #072146"><B>40. Minimum cash and minimum capital
requirements</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; color: #004481"><B>40.1. Minimum cash requirements</B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">The BCRA establishes different prudential
regulations to be observed by financial institutions, mainly regarding solvency levels, liquidity and credit assistance levels.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt; text-align: justify">Minimum cash regulations set forth an obligation
to keep liquid assets in relation to deposits and other obligations recorded for each period. The items included for the purpose of meeting
that requirement are detailed below:</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->201<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 66%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Accounts</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Balances at the BCRA</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">BCRA - Current account not restricted</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">757,637,118</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">781,551,804</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">BCRA - Special guarantee accounts - restricted (Note 11)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">211,771,973</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">211,069,288</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>969,409,091</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>992,621,092</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Government securities in pesos &#8211; At amortized cost (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">159,904,307</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">210,536,162</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Government securities in pesos &#8211; At fair value through OCI (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,002,891,867</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,013,677,345</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Government securities in foreign currency &#8211; At fair value through OCI</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">470,852,827</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">BCRA Bills in pesos &#8211; At fair value through OCI</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">131,605,207</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>3,132,205,265</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>2,819,292,633</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt/120% BBVA Benton Sans Book; margin: 6pt 0 0 28.35pt; text-align: justify">(1) See detail of securities considered
(identified with (1)), as of December 31, 2024, in Exhibit A to the separate financial statements.</P>

<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt; color: #004481"><B>40.2. Minimum capital requirement</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt">The regulatory breakdown of minimum capital requirements is
as follows at the above-mentioned dates:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 54%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Minimum capital requirement</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 11%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 3%">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Credit risk</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(703,877,776)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(471,987,606)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Operational risk</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(244,870,611)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(190,569,865)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Market risk</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(2,495,032)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(14,173,644)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Non-compliance(1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(46,132,026)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Paid-in</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,255,978,586</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,444,744,430</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Surplus</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>1,304,735,167</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>1,721,881,289</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 6pt 28.35pt">&nbsp;</P>

<P STYLE="font: 8pt/9.6pt BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify; text-indent: -14.2pt">(1) The increase observed
in the minimum capital requirement for credit risk is due to the non-compliance with the maximum limit established by the BCRA for the
financing to the non-financial government sector during 15 days of December 2023. According to the provisions of the regulations, this
non-compliance causes an increase in the minimum capital requirement for credit risk for an amount equivalent to 100% of the surplus,
as from the month in which the non-compliance occurs and for as long as it continues. In the case of credit ratios, the computation of
the deviation will be made on the basis of the monthly average of daily surpluses.</P>

<P STYLE="font: 8pt/9.6pt BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify; text-indent: -14.2pt">&nbsp;</P>

<P STYLE="font: 8pt/9.6pt BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify; text-indent: -14.2pt">&nbsp;</P>

<P STYLE="font: 8pt/9.6pt BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify; text-indent: -14.2pt">&nbsp;</P>

<P STYLE="font: 8pt/9.6pt BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify; text-indent: -14.2pt">&nbsp;</P>

<P STYLE="font: 8pt/9.6pt BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify; text-indent: -14.2pt">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: center">&nbsp;</P>


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<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify; color: #072146"><B>41. Accounting principles
&#8211; Explanation added for translations into English</B></P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: justify">These separate condensed interim financial statements
are presented in accordance with the financial reporting framework set forth by the BCRA, as mentioned in note 2. These accounting standards
may not conform to accounting principles generally accepted in other countries.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 6pt 0 6pt 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: center">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->203<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>EXHIBIT A</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>BREAKDOWN OF GOVERNMENT AND PRIVATE SECURITIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024 AND 2023</B></P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 41)</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>HOLDING</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>POSITION</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 42%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 7%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 7%; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; width: 5%; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Fair</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; width: 7%; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Accounting </B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; width: 7%; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Accounting </B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 7%; text-align: center; line-height: 5pt">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; vertical-align: bottom; width: 7%">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; vertical-align: bottom; width: 7%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Account</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Identification</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Fair </B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>value</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>balance </B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>balance</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Position with no</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Final</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>value</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>level</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>12.31.23</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>options</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Options</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>position</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>DEBT SECURITIES AT FAIR VALUE THROUGH PROFIT OR LOSS</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Local:</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Government Securities - In pesos</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Argentine Treasury Bills Capitalizable in Pesos. Maturity 05-16-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9300</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">45,622,467</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">45,622,467</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">45,622,467</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">45,622,467</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Treasury Bonds in pesos adjusted by Cer. Maturity 03-31-2026</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9257</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">11,758,191</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">11,758,191</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">11,758,191</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">11,758,191</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Treasury Bonds in pesos adjusted by Cer 0% Maturity 10-31-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9312</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">7,414,965</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">7,414,965</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">7,414,965</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">7,414,965</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Argentine Treasury Bond Capitalizable. Maturity 02-13-2026</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9314</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">6,671,200</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">6,671,200</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">6,671,200</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">6,671,200</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Argentine Treasury Bills Capitalizable in Pesos. Maturity 02-28-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9253</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3,932,947</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3,932,947</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3,932,947</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3,932,947</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Argentine Treasury Bills Capitalizable in Pesos. Maturity 04-28-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9303</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3,215,532</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3,215,532</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3,215,532</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3,215,532</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Argentine Treasury Bills Capitalizable in Pesos. Maturity 08-15-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9308</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,191,160</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,191,160</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,191,160</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,191,160</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Argentine Treasury Bills Capitalizable in Pesos. Maturity 01-17-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9283</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,046,341</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,046,341</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,046,341</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,046,341</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Argentine Treasury Bills Capitalizable in Pesos. Maturity 05-30-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9304</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,021,394</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,021,394</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,021,394</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,021,394</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Argentine Treasury Bills Capitalizable in Pesos. Maturity 01-31-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9251</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,920,252</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,920,252</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,920,252</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,920,252</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Argentine Treasury Bills Capitalizable in Pesos. Maturity 02-14-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9297</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,810,779</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,810,779</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,810,779</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,810,779</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Argentine Treasury Bills Capitalizable in Pesos. Maturity 04-16-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9299</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,196,536</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,196,536</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,196,536</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,196,536</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Treasury Bonds in pesos adjusted by Cer 0%. Maturity 12-15-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9248</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,022,133</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,022,133</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,022,133</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,022,133</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Argentine Treasury Bills Capitalizable in Pesos. Maturity 03-14-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9298</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">449,531</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">449,531</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">449,531</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">449,531</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Argentine Treasury Bills Capitalizable in Pesos. Maturity 06-30-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9295</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">142,001</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">142,001</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">142,001</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">142,001</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Argentine Treasury Bills Capitalizable in Pesos. Maturity 03-31-2025</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9256</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">27,475</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">27,475</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">27,475</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">27,475</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Treasury Bills adjusted by Cer. Maturity 01-18-2024</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9221</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">446,799</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Subtotal Government Securities - In pesos</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">91,442,904</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">91,442,904</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">446,799</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">91,442,904</FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">91,442,904</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Government Securities - In foreign currency</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">AL30 Bond Local Law US$ Step Up Maturity 07-09-2030</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">5921/81377</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">66,219</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">66,219</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">59,528</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">66,219</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">66,219</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Argentine Bond in dual currency. Maturity 06-30-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9230</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">470,852,827</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Argentine Bond in dual currency. Maturity 02-28-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9156</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">15,830,775</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">GD30 Bond Foreign Law Usc Step Up Maturity 07-09-2030</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">81086</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">61,916</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Subtotal Government Securities - In foreign currency</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">66,219</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">66,219</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">486,805,046</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">66,219</FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">66,219</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Private Securities - In pesos</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond New San S.A. Series 18 in Pesos Private BADLAR + 300 bps. Maturity 10-17-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">57449</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">574,423</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond New San S.A. Series 19 in Pesos Monetary Policy Rate. Maturity 10-17-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">57450</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">511,189</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond Toyota Cia Financiera Series 32 in Pesos. Maturity 02-09-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">57287</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">390</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Subtotal Private Securities - In pesos</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">1,086,002</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Private Securities - In foreign currency</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond Central Puerto Series A in US$ Maturity 03-14-2026</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">57363</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">&#8212;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3,596,552</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Subtotal Private Securities- In foreign currency</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">&#8212;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">3,596,552</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>TOTAL DEBT SECURITIES AT FAIR VALUE THROUGH PROFIT OR LOSS</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>91,509,123</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>91,509,123</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>491,934,399</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>91,509,123</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>91,509,123</B></FONT></TD></TR>
  </TABLE>

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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->204<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0pt; text-align: right; color: #072146"><B>EXHIBIT A</B></P>

<P STYLE="font: 7pt/7pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146">(Continued)</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>BREAKDOWN OF GOVERNMENT AND PRIVATE SECURITIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024 AND 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 41)</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-bottom: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>HOLDING</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>POSITION</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 42%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 7%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 7%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 5%; border-top: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 7%; border-top: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Accounting</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-top: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 7%; border-top: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Accounting</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 7%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 7%; border-top: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 7%; border-top: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Account</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Identification</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Fair</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Fair value </B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>balance</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>balance</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Position with</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Final</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Value</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>level</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>12.31.23</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>no options</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Options</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>position</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>OTHER DEBT SECURITIES</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>MEASURED AT FAIR VALUE THROUGH PROFIT OR LOSS</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Local:</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Government Securities - In pesos</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Treasury Bonds in pesos adjusted by Cer. Maturity 03-31-2026 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9257</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">394,906,029</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">394,906,029</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">394,906,029</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">394,906,029</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Argentine Treasury Bills Capitalizable in Pesos. Maturity 02-28-2025 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9253</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">248,085,666</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">248,085,666</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">248,085,666</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">248,085,666</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Argentine Treasury Bills Capitalizable in Pesos. Maturity 03-31-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9256</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">246,103,423</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">246,103,423</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">246,103,423</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">246,103,423</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Treasury Bonds in pesos adjusted by Cer 0% Maturity 12-15-2025 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9248</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">245,559,764</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">245,559,764</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">245,559,764</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">245,559,764</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Argentine Treasury Bills Capitalizable in Pesos. Maturity 04-16-2025 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9299</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">162,263,275</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">162,263,275</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">162,263,275</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">162,263,275</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Argentine Treasury Bills Capitalizable in Pesos. Maturity 07-31-2025 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9305</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">155,442,254</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">155,442,254</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">155,442,254</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">155,442,254</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Treasury Bonds in pesos adjusted by Cer 0% Maturity 12-15-2026 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9249</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">143,133,800</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">143,133,800</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">143,133,800</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">143,133,800</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Argentine Treasury Bonds Capitalizable in Pesos Maturity 12-15-2025 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9310</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">131,750,000</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">131,750,000</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">131,750,000</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">131,750,000</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Argentine Treasury Bonds Capitalizable in Pesos Maturity 10-17-2025 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9309</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">128,218,000</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">128,218,000</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">128,218,000</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">128,218,000</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Argentine Treasury Bills Capitalizable in Pesos. Maturity 09-30-2025 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9306</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">64,525,000</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">64,525,000</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">64,525,000</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">64,525,000</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Argentine Treasury Bills Capitalizable in Pesos. Maturity 06-18-2025 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9288</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">63,900,000</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">63,900,000</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">63,900,000</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">63,900,000</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Argentine Treasury Bills Capitalizable in Pesos. Maturity 02-14-2025 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9297</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">58,075,000</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">58,075,000</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">58,075,000</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">58,075,000</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Argentine Treasury Bills Capitalizable in Pesos. Maturity 03-14-2025 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9298</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">35,340,000</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">35,340,000</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">35,340,000</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">35,340,000</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Argentine Treasury Bills Capitalizable in Pesos. Maturity 08-29-2025 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9296</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">32,575,000</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">32,575,000</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">32,575,000</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">32,575,000</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Argentine Treasury Bills Capitalizable in Pesos. Maturity 09-12-2025 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9301</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">32,575,000</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">32,575,000</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">32,575,000</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">32,575,000</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Argentine Treasury Bills Capitalizable in Pesos. Maturity 06-30-2025 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9295</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">31,525,000</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">31,525,000</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">31,525,000</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">31,525,000</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Argentine Treasury Bills Capitalizable in Pesos. Maturity 05-30-2025 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9304</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">29,887,500</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">29,887,500</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">29,887,500</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">29,887,500</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Treasury Bonds in pesos adjusted by Cer 0% Maturity 06-30-2026 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9240</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">26,449,509</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">26,449,509</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">26,449,509</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">26,449,509</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Treasury Bonds in pesos adjusted by Cer 4.25% Maturity 02-14-2025 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9180</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">18,681,070</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">18,681,070</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">122,109,200</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">18,681,070</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">18,681,070</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Treasury Bonds in pesos adjusted by Cer 2% Maturity 11-9-2026</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">5925</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">6,177,995</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">6,177,995</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">74,004</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">6,177,995</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">6,177,995</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Treasury Bonds in pesos adjusted by Cer 0% Maturity 06-30-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9244</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">6,015,000</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">6,015,000</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">6,015,000</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">6,015,000</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Argentine Treasury Bills Capitalizable in Pesos. Maturity 01-31-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9251</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">839,000</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">839,000</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">839,000</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">839,000</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Treasury Bonds in pesos adjusted by Cer 4.25% Maturity 12-13-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9200</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">476,737,223</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Treasury Bonds in pesos adjusted by Cer 4% Maturity 10-14-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9179</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">413,108,001</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Treasury Bonds in pesos adjusted by Cer 1.55% Maturity 07-26-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">5405</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">111,892,095</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Treasury Bonds in pesos adjusted by Cer 3.75% Maturity 04-14-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9178</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1,722,921</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Treasury Bonds in pesos adjusted by Cer 1.50% Maturity 03-25-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">5493</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">362,318</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Subtotal Government Securities - In pesos</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">2,262,027,285</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">2,262,027,285</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">1,126,005,762</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">2,262,027,285</FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">2,262,027,285</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Government Securities - In foreign currency</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Dollar-linked Argentine Treasury Bond 0.40% Maturity 04-30-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9120</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">64,721</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Subtotal Government Securities - In foreign currency</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">64,721</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>BCRA Bills - In pesos</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">BCRA Liquidity Bills In pesos Maturity 01-11-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">14085</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">121,927,362</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">BCRA Liquidity Bills In pesos Maturity 01-09-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">14084</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9,677,845</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Subtotal BCRA Bills - In pesos</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">131,605,207</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right; text-indent: 8.5in">&nbsp;</P>


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<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>EXHIBIT A</B></P>

<P STYLE="font: 7pt/7pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146">(Continued)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>BREAKDOWN OF GOVERNMENT AND PRIVATE SECURITIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024 AND 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 41)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-bottom: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>HOLDING</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>POSITION</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 45%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 7%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 7%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 5%; border-top: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Fair </B></FONT></TD>
    <TD STYLE="width: 7%; border-top: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Accounting </B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-top: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 6%; border-top: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Accounting </B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 7%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Position with</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 5%; border-top: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 7%; border-top: #072146 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Account</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 4.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4.5pt; color: #072146"><B>Identification</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Fair </B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>value</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>balance</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>balance</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>no options</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Options</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Final position</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>value</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>level</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>12.31.23</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>OTHER DEBT SECURITIES (Continued)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>BCRA Bills - In foreign currency</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Local BCRA Bills in USD. Maturity 11-23-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">12093</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">14,084,603</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Local BCRA Bills in USD. Maturity 11-27-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">12095</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3,521,152</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Local BCRA Bills in USD. Maturity 11-20-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">12090</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">36,972,084</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Local BCRA Bills in USD. Maturity 11-16-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">12089</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">97,359,824</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Subtotal BCRA Bills - in foreign currency</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">151,937,663</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>BCRA Bills- In pesos</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Bonds for the Reconstruction of a Free Argentina - SERIES 1 - Maturity 10-31-2027 (Series C)</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9236/83567</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">10,980,524</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">10,980,524</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">10,980,524</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">10,980,524</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Bonds for the Reconstruction of a Free Argentina - SERIES 1 - Maturity 10-31-2027 (Series D)</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9237/83568</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">10,770,937</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">10,770,937</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">10,770,937</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">10,770,937</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Bonds for the Reconstruction of a Free Argentina - SERIES 1 - Maturity 10-31-2027 (Series A)</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9234</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">7,875,767</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">7,875,767</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">7,875,767</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">7,875,767</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Bonds for the Reconstruction of a Free Argentina - SERIES 1 - Maturity 10-31-2027 (Series B)</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9235</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">7,471,684</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">7,471,684</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">7,471,684</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">7,471,684</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Subtotal BCRA Bills- In pesos</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">37,098,912</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">37,098,912</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">37,098,912</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">37,098,912</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Private Securities- In pesos</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond Fiat Compa&ntilde;&iacute;a Financiera Series 20 in Pesos Maturity 03-01-2026</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">58274</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,023,161</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,023,161</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,023,161</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,023,161</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond New San S.A. in Pesos Series 20 Private BADLAR. Maturity 02-01-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">57557</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">271,905</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">271,905</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">271,905</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">271,905</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond Bco de Serv. Financieros Cl. 24 in Pesos at Floating Rate Maturity 02-02-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">57560</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">213,171</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">213,171</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">213,171</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">213,171</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond New San S.A. in Pesos Series 21 Private BADLAR Maturity 05-09-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">57750</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">171,092</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">171,092</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">171,092</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">171,092</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond Refi Pampa Series 2 in Pesos Uva Maturity 05-06-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">56123</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">108,265</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">108,265</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">189,898</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">108,265</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">108,265</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond New San S.A. in Pesos Private BADLAR + 440 bps. Maturity 02-14-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">56847</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">491,756</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond Bco de Serv. Financieros Cl. 22 in Pesos at Floating Rate. Maturity 03-03-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">56886</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">471,522</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond Petroqu&iacute;mica Com. Rivadavia S.A. in Pesos at Floating Rate. Maturity 08-15-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">56855</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">376,150</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond New San S.A. in Pesos Private BADLAR + 575 bps. Maturity 05-19-2024</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">57044</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">331,690</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond Arcor Series 17 in Pesos Uva Maturity 10-20-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">55692</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">8,353,749</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Subtotal Private Securities - In pesos</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">2,787,594</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">2,787,594</FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">10,214,765</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">2,787,594</FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">2,787,594</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Private Securities - In foreign currency</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond Vista Energy Series 23 in US$ Maturity 03-06-2027</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">57636</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">4,184,068</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">4,184,068</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">4,184,068</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">4,184,068</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bonds Tecpetrol S.A. Series 7 in US$ Maturity 04/22/2026</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">57709</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3,118,272</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3,118,272</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3,118,272</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3,118,272</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond YPF Series 32 in US$ Maturity 10-10-2028</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">58129</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3,045,186</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3,045,186</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3,045,186</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3,045,186</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond Luz De Tres Picos 4 in US$ Maturity 09-29-2026</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">56467</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,883,623</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,883,623</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">756</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,883,623</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,883,623</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bonds 360 Energy Solar S.A. Series 4 in US$ at fixed rate.&nbsp;&nbsp;Maturity 10-30-2027</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">58187</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,667,701</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,667,701</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,667,701</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,667,701</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond Petroqu&iacute;mica Comodoro Rivadavia Series R in&nbsp;&nbsp;US$ Maturity 10-22-2028</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">58155</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,549,395</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,549,395</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,549,395</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,549,395</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond Minera EXAR Series 1 in US$ Maturity 11-11-2027</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">58210</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,117,813</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,117,813</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,117,813</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,117,813</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bonds YPF Series 29 in US$ Maturity 05/28/2026</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">57774</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,075,476</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,075,476</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,075,476</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,075,476</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond Empresa de Gas del Sur (EMGASUD) S.A. Series 39 in US$ Maturity 07-14-2028</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">57194</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,058,600</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,058,600</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,915,098</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,058,600</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,058,600</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond Empresa de Gas del Sur (EMGASUD) S.A. Series 39 in US$ Maturity 03-08-2027</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">57644</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,049,323</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,049,323</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,049,323</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,049,323</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond Vista Energy Series 20 in US$ Maturity 07-20-2025</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">57081</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,742,285</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,742,285</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,889,215</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,742,285</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,742,285</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond CAPEX S.A. Series 10 US$ Maturity 07-05-2027</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">57880</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,649,240</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,649,240</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,649,240</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,649,240</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond YPF Series 33 in USC Maturity 10-10-2028</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">58130</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,546,884</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,546,884</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,546,884</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,546,884</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond Pampa Energia S.A. Series 20 in USC Maturity 03-26-2026</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">57682</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,050,443</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,050,443</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,050,443</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,050,443</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond John Deere Credit Cia Financiera S.A. Series X US$ Maturity 03-08-2026</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">57639</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,017,502</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,017,502</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,017,502</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,017,502</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond Petroqu&iacute;mica Comodoro Rivadavia Series O in US$ Maturity 09-22-2027</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">57379</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,011,329</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,011,329</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">257</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,011,329</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,011,329</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Corporate bond Pampa Energia S.A. Series 18 in US$ Maturity 09-08-2025</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">57326</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3,489,687</FONT></TD>
    <TD STYLE="padding-right: 1.5pt; padding-left: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Subtotal Private Securities - In foreign currency</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">34,767,140</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">34,767,140</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">9,295,013</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">34,767,140</FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">34,767,140</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>TOTAL SECURITIES AT FAIR VALUE THROUGH OCI</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>2,336,680,931</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>2,336,680,931</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>1,429,123,131</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>2,336,680,931</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>2,336,680,931</B></FONT></TD></TR>
  </TABLE>

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<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0pt; text-align: right; color: #072146"><B>EXHIBIT A</B></P>

<P STYLE="font: 7pt/7pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146">(Continued)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>BREAKDOWN OF GOVERNMENT AND PRIVATE SECURITIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024 AND 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 41)</P>

<P STYLE="font: 6pt/6.9pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-bottom: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>HOLDING</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>POSITION</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 43%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 2%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 7%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 7%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Fair </B></FONT></TD>
    <TD STYLE="width: 5%; border-top: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Fair</B></FONT></TD>
    <TD STYLE="width: 7%; border-top: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Accounting </B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-top: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 7%; border-top: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Accounting </B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 7%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Position with no</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 5%; border-top: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 7%; border-top: #072146 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Account</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Identification</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>value</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>value</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>balance</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>balance</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>options</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Options</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Final position</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>level</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>12.31.23</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>OTHER DEBT SECURITIES(Continued)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>MEASURED AT AMORTIZED COST</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Government Securities - In pesos</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Argentine Treasury Bonds In pesos Maturity 08-23-2025 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9196</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">126,100,698</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">125,492,302</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">107,798,424</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">125,492,302</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">125,492,302</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Argentine Treasury Bonds In pesos Maturity 05-23-2027 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9132</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">24,128,357</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">24,039,592</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">70,570,093</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">24,039,592</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">24,039,592</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Argentine Treasury Bonds In pesos at 0.7% Badlar Private Rate. Maturity 11-23-2027 (1)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9166</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">10,383,268</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">10,372,413</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">32,167,645</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">10,372,413</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">10,372,413</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Subtotal Government Securities - In pesos</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">160,612,323</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">159,904,307</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">210,536,162</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">159,904,307</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">159,904,307</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: #072146 1pt solid; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: #072146 1pt solid; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: #072146 1pt solid; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: #072146 1pt solid; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: #072146 1pt solid; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: #072146 1pt solid; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: #072146 1pt solid; border-bottom: #072146 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>TOTAL SECURITIES AT AMORTIZED COST</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>160,612,323</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>159,904,307</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>210,536,162</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>159,904,307</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>159,904,307</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>TOTAL OTHER DEBT SECURITIES</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>2,497,293,254</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>2,496,585,238</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>1,639,659,293</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>2,496,585,238</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>2,496,585,238</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>EQUITY INSTRUMENTS</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>MEASURED AT FAIR VALUE THROUGH PROFIT OR LOSS</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Local:</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Private Securities - In pesos</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">BYMA - Bolsas y Mercados Argentina Share</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">6,062,948</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">6,062,948</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">4,723,901</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">6,062,948</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">6,062,948</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Banco de Valores de Bs. As. Share</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,092,186</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,092,186</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,300,986</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,092,186</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,092,186</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Subtotal Private Securities - In pesos</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">8,155,134</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">8,155,134</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">7,024,887</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">8,155,134</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">8,155,134</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>TOTAL EQUITY INSTRUMENTS MEASURED AT FAIR VALUE THROUGH PROFIT OR LOSS</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>8,155,134</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>8,155,134</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>7,024,887</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>8,155,134</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>8,155,134</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>MEASURED AT FAIR VALUE THROUGH PROFIT OR LOSS</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Local:</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Private Securities - In pesos</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Compensadora Electr&oacute;nica S.A.</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,436,994</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,436,994</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,941,974</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,436,994</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,436,994</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Mercado Abierto Electr&oacute;nico S.A.</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,011,785</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,011,785</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,114,544</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,011,785</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,011,785</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Seguro de Dep&oacute;sitos S.A.</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">268,270</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">268,270</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">314,132</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">268,270</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">268,270</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Other</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">15,036</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">15,036</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">10,722</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">15,036</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">15,036</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Subtotal Private Securities - In pesos</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">3,732,085</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">3,732,085</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">3,381,372</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">3,732,085</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">3,732,085</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Foreign:</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Private Securities - In foreign currency</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Banco Latinoamericano de Exportaciones S.A.</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">735,975</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">735,975</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">880,780</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">735,975</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">735,975</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Other</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">34,513</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">34,513</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">60,425</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">34,513</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">34,513</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Subtotal Private Securities - In foreign currency</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">770,488</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">770,488</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">941,205</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">770,488</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">770,488</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>TOTAL EQUITY INSTRUMENTS MEASURED AT FAIR VALUE THROUGH OCI</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>4,502,573</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>4,502,573</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>4,322,577</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>4,502,573</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>4,502,573</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>TOTAL EQUITY INSTRUMENTS</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>12,657,707</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>12,657,707</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #072146 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>11,347,464</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>12,657,707</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: #072146 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>12,657,707</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: justify; color: #072146">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: justify; color: #072146">(1) It represents securities computed for minimum
cash requirements as of December 31, 2024, Note 47.1 to the consolidated financial statements.</P>


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<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>EXHIBIT B</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CLASSIFICATION OF LOANS AND OTHER FINANCING
ACCORDING TO FINANCIAL PERFORMANCE </B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AND GUARANTEES RECEIVED</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024 AND 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 41)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 57%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 18%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 18%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Account</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>COMMERCIAL PORTFOLIO</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Normal performance</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>3,582,991,001</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>1,872,876,279</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Preferred collaterals and counter-guarantees &quot;A&quot;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">9,176,730</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">10,374,531</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Preferred collaterals and counter-guarantees &quot;B&quot;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">10,868,610</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">8,386,547</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">No preferred guarantees or counter guarantees</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">3,562,945,661</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">1,854,115,201</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>With special follow-up</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><B></B></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black"><B>642,894</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Under observation</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">-</FONT></TD>

    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146">642,894</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Preferred collaterals and counter-guarantees &quot;B&quot;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">642,894</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>3,332,010</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>6.102.355</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Troubled</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>3,332,010</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>6,102,355</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">No preferred guarantees or counter guarantees</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">3,332,010</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">6,102,355</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>With high risk of insolvency</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>345,338</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>55,680</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">Preferred collaterals and counter-guarantees &quot;B&quot;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">273</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">No preferred guarantees or counter guarantees</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">345,065</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">55,680</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Uncollectible</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>29,120</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>71,189</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">No preferred guarantees or counter guarantees</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">29,120</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">71,189</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>3,586,697,469</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>1,879,748,397</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>


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<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0pt 0pt 0pt 0.55pt; text-align: right; color: #072146"><B>EXHIBIT B</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146; text-indent: 9.75in">(Continued)</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CLASSIFICATION OF LOANS AND OTHER FINANCING
ACCORDING TO FINANCIAL PERFORMANCE</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AND GUARANTEES RECEIVED</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024 AND 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 41)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Account</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 59%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 18%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 18%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>CONSUMER AND HOUSING PORTFOLIO</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Normal performance</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>3,925,541,684</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>2,509,582,403</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Preferred collaterals and counter-guarantees &quot;A&quot;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,094,341</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">880,042</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Preferred collaterals and counter-guarantees &quot;B&quot;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">278,834,867</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">157,908,772</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">No preferred guarantees or counter guarantees</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">3,645,612,476</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,350,793,589</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Low risk</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>57,442,938</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>28,266,767</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Preferred collaterals and counter-guarantees &quot;B&quot;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">4,628,354</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,278,339</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">No preferred guarantees or counter guarantees</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">52,814,584</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">26,988,428</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Low risk - with special follow-up</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>2,341,896</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>1,019,180</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">No preferred guarantees or counter guarantees</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,341,896</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,019,180</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Medium risk</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>45,587,390</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>27,986,230</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Preferred collaterals and counter-guarantees &quot;A&quot;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">165</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Preferred collaterals and counter-guarantees &quot;B&quot;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">596,396</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">271,624</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">No preferred guarantees or counter guarantees</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">44,990,994</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">27,714,441</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>High risk</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>35,296,492</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>21,297,090</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Preferred collaterals and counter-guarantees &quot;B&quot;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,885,252</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">360,704</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">No preferred guarantees or counter guarantees</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">33,411,240</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">20,936,386</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>4,653,655</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>3,540,276</B></FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Uncollectible</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>4,653,655</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>3,540,276</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Preferred collaterals and counter-guarantees &quot;A&quot;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">108</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">Preferred collaterals and counter-guarantees &quot;B&quot;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">512,528</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">599,819</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">No preferred guarantees or counter guarantees</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">4,141,019</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,940,457</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>4,070,864,055</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>2,591,691,946</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>TOTAL GENERAL</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>7,657,561,524</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>4,471,440,343</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>


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<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>EXHIBIT C</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CONCENTRATION OF LOANS AND OTHER FINANCING</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024 AND 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 41)</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 38%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 3%">&nbsp;</TD>
    <TD STYLE="width: 15%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 12%; border-top: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>%&nbsp;&nbsp;over</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 2%">&nbsp;</TD>
    <TD STYLE="width: 15%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 2%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 12%; border-top: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>%&nbsp;&nbsp;over</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Number of customers</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Debt</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>total</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Debt</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>total</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>balance</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>portfolio</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>balance</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>portfolio</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">10 largest customers</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,082,383,661</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">14.13 %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">540,728,682</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">12.09 %</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">50 following largest customers</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">1,077,984,360</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">14.08 %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">547,015,679</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">12.23 %</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">100 following largest customers</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">568,881,252</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">7.43 %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">330,749,180</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">7.40 %</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">All other customers</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">4,928,312,251</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">64.36 %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">3,052,946,802</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">68.28 %</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;TOTAL </B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>7,657,561,524</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>100.00 %</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>4,471,440,343</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>100.00 %</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>EXHIBIT D</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>BREAKDOWN BY TERM OF LOANS AND OTHER
FINANCING</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5. to the consolidated financial statements) (1)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 41)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; color: #072146"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 26%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 10%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="7" STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Terms remaining to maturity</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Portfolio </B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>1</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>3</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>6</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>24</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>more than </B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;ACCOUNT&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>due</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>month</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>months</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>months</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>months</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>months</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>TOTAL</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>months</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Non-financial Government sector</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">920,687</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">8,516</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">12,774</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">25,548</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">51,096</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">29,806</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">1,048,427</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Financial sector</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">94,571,300</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">24,420,837</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">18,530,544</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">28,916,569</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">29,599,722</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">54,562</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">196,093,534</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Non-financial Private Sector and Residents Abroad</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">75,839,999</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">2,896,082,794</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">1,286,459,856</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">1,093,618,664</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">804,803,252</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">927,883,207</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">1,846,972,007</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">8,931,659,779</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #1F497D"><B>75,839,999</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #1F497D"><B>2,991,574,781</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #1F497D"><B>1,310,889,209</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #1F497D"><B>1,112,161,982</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #1F497D"><B>833,745,369</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #1F497D"><B>957,534,025</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #1F497D"><B>1,847,056,375</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #1F497D"><B>9,128,801,740</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;TOTAL&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #1F497D"><B>75,839,999</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #1F497D"><B>2,991,574,781</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #1F497D"><B>1,310,889,209</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #1F497D"><B>1,112,161,982</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #1F497D"><B>833,745,369</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #1F497D"><B>957,534,025</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #1F497D"><B>1,847,056,375</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #1F497D"><B>9,128,801,740</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="9" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(1) These balances are total contractual flows and, therefore, include principal, accrued and to be accrued interest and charges.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>BREAKDOWN BY TERM OF LOANS AND OTHER
FINANCING</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5. to the consolidated financial statements) (1)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 41)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; color: #072146"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="7" STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Terms remaining to maturity</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 25%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 10%">&nbsp;</TD>
    <TD STYLE="width: 9%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 10%; border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Portfolio </B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>1</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>3</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>6</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>24</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>more than </B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;ACCOUNT&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>due</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>month</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>months</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>months</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>months</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>months</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>TOTAL</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>months</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146">Non-financial Government sector</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">105,835</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">145,718</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">39,441</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">55,634</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">111,268</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">176,174</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146">634,070</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146">Financial sector</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">42,109,244</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">3,827,618</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">14,871,689</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">51,135,073</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">15,381,182</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">24,272,137</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146">151,596,943</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146">Non-financial Private Sector and Residents Abroad</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">48,019,907</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">1,984,361,943</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">657,396,801</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">712,201,514</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">615,287,076</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">427,903,591</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">724,480,988</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146">5,169,651,820</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;TOTAL&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>48,019,907</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>2,026,577,022</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>661,370,137</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>727,112,644</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>666,477,783</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>443,396,041</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>748,929,299</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>5,321,882,833</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="9" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">(1) These balances are total contractual flows and, therefore, include principal, accrued and to be accrued interest and charges.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 1pt BBVA Benton Sans Book; margin: 0; color: #072146">&nbsp;</P>


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<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>EXHIBIT E </B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>BREAKDOWN OF INVESTMENTS IN OTHER COMPANIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024 AND 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 41)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 4pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Information on the issuer</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Account</FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="4" STYLE="border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Shares </FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="4" STYLE="border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 4pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Data of latest financial statements</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 8%; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 4pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Identification</FONT></TD>
    <TD STYLE="width: 21%; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 4pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Description</FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 6%; border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Fair </FONT></TD>
    <TD STYLE="width: 3%; border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Votes</FONT></TD>
    <TD STYLE="width: 6%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 8%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 6%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Principal</FONT></TD>
    <TD STYLE="width: 6%; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Fiscal</FONT></TD>
    <TD STYLE="width: 4%; border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Share</FONT></TD>
    <TD STYLE="width: 5%; border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Equity</FONT></TD>
    <TD STYLE="width: 6%; border-top: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Income/(loss) </FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Class</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">value</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">per</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Number</FONT></TD>
    <TD COLSPAN="3" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">Amount</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">business</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">period/year</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">capital</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">for the</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">per unit</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 4pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">share</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">12.31.24</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">12.31.23</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 4pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">end date</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 4pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146">period/year</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B><U>IN FINANCIAL INSTITUTIONS</U></B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B><U>Subsidiaries</U></B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 4pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Local:</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">30682419578</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 4pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Volkswagen Financial Services C&iacute;a. Financiera S.A.</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Common</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">1.00 $</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">1</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">457,470,000</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">29,407,389</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">25,152,144</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Financing</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">12/31/2024</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">897,000</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">57,661,545</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">8,343,623</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">30707847367</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 2.65pt; line-height: 4pt; text-indent: 0.2pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">PSA Finance Arg. C&iacute;a. Financiera S.A.</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Common</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">1,000.00 $</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">1</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">26,089</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">13,651,813</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">14,685,891</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Financing</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">12/31/2024</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">52,178</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">27,303,627</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">872,617</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Subtotal Subsidiaries</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: #072146"><B>43,059,202</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: #072146"><B>39,838,035</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B><U>Associates and joint ventures</U></B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 4pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Local:</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">33707124909</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 4pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Rombo C&iacute;a. Financiera S.A.</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Common</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">1,000.00 $</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">1</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">24,000</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">10,358,064</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">6,701,552</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Financing</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">12/31/2024</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">60,000</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">25,895,160</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">9,141,214</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Subtotal Associates and Joint ventures</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: #072146"><B>10,358,064</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: #072146"><B>6,701,552</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Total in Financial Institutions</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: #072146"><B>53,417,266</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: #072146"><B>46,539,587</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B><U>IN SUPPLEMENTARY SERVICES COMPANIES</U></B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B><U>Subsidiaries </U></B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 4pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Local:</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">30663323926</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">&nbsp;Consolidar Administradora de&nbsp;&nbsp;Fondos de Jubilaciones </FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Retirement and Pension Funds</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 4pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">&nbsp;y Pensiones S.A.(undergoing liquidation proceedings)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Common</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">1.00 $</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">1</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">127,037,593</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">189,103</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">322,880</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Manager Company</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">12/31/2024</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">235,739</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">350,905</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">4,921</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">30548590163</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">BBVA Asset Management Argentina S.A. Sociedad</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 4pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Mutual Fund Manager</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Common</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">1.00 $</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">1</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">242,524</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">30,814,765</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">24,811,868</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Mutual Fund Manager</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">12/31/2024</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">243</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">30,814,765</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">19,937,278</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Subtotal Subsidiaries</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: #072146"><B>31,003,868</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: #072146"><B>25,134,748</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B><U>Associates and joint ventures</U></B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 4pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Local:</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">30690783521</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Interbanking S.A</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Common</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">1.00 $</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">1</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">149,556</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">3,375,717</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">4,595,583</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 4pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Electronic and IT services for financial market</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">12/31/2023</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">1,346</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">64,584,089</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">24,384,465</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Subtotal Associates and joint ventures</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: #072146"><B>3,375,717</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: #072146"><B>4,595,583</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Total in Supplementary service companies</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black"><B>34,379,585</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black"><B>29,730,331</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B><U>IN OTHER COMPANIES</U></B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B><U>Associates and joint ventures</U></B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 4pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Local:</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">30500064230</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">BBVA Seguros Argentina S.A.</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Common</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">1.00 $</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">1</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">1,301,847</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">7,416,514</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">10,256,766</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Insurance</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">12/31/2024</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">10,652</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">59,581,659</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">(1,308,865)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">30716829436</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Play Digital S.A.</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Common</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">1.00 $</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">1</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">627,752,361</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">1,930,078</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">4,252,970</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 4pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Electronic payment services</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9/30/2024</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">5,864,830</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">10,335,760</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">(15,706,470)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">30717168190</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Openpay Argentina S.A.</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Common</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">1.00 $</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">1</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">424,465,795</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">737,620</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">1,122,176</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 4pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Electronic payment services </FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">12/31/2024</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">3,393,013</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">5,580,377</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: black">(5,514,989)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Subtotal Associates and joint ventures</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: #072146"><B>10,084,212</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: #072146"><B>15,631,912</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Total in Other Companies</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: #072146"><B>10,084,212</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: #072146"><B>15,631,912</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">
    <P STYLE="font: 5pt BBVA Benton Sans Book; margin: 0">&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: #072146"><B>97,881,063</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 4pt; color: #072146"><B>91,901,830</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>EXHIBIT F</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>PROPERTY AND EQUIPMENT</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>FOR THE FISCAL YEAR ENDED DECEMBER 31, 2024</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of pesos
in constant currency - Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 41)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Impairment</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="5" ROWSPAN="2" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Depreciation</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Original</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Total </B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="width: 24%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;Account</B></FONT></TD>
    <TD STYLE="width: 7%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>value at the</B></FONT></TD>
    <TD STYLE="width: 7%; padding-right: -1.85pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>estimated </B></FONT></TD>
    <TD STYLE="width: 7%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Transfer</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 6%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 6%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 6%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 6%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 7%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 5%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 6%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 6%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 6%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Residual value as of</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>beginning</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>useful life </B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Additions</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Derecognitions</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Reversals</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Accumulated as of</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Transfer</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Derecognitions</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 5pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>For the year</B></P>
    <P STYLE="font: 5pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>At year-end</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>12.31.24</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>of the year</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>in years</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>12.31.23</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Property and equipment</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Real property&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">553,042,144</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">50</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(47,800,365)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">3,965,164</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">8,153,728</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">4,576,625</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">68,502,035</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">(5,698,979)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">5,468,993</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">11,871,985</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">69,206,048</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">436,423,792</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Furniture and facilities</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">179,788,667</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">10</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">17,927,686</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">16,541,832</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">96,471,772</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">16,541,786</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">18,643,908</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">98,573,894</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">82,600,627</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Machinery and equipment</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">34,320,877</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">5</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">53,892,251</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">11,146,458</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">17,166,449</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">11,146,448</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">22,611,477</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">28,631,478</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">48,435,192</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Vehicles&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">5,267,803</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">5</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">531,607</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">242,699</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">3,085,781</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">144,653</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">707,952</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">3,649,080</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">1,907,631</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Right of use of leased properties</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">106,655,715</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">10</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">13,670,422</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">13,977,312</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">53,673,350</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">8,036,993</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">3,778,042</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">49,414,399</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">56,934,426</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Construction in progress</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">8,884,230</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">17,446,861</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">6,468,355</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">19,862,736</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Total Property and equipment</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>887,959,436</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>(47,800,365)</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>107,433,991</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>56,530,384</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>4,576,625</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>238,899,387</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>(5,698,979)</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>41,338,873</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>57,613,364</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>249,474,899</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>646,164,404</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>PROPERTY AND EQUIPMENT</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 41)</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="3" ROWSPAN="2" STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Impairment</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="7" ROWSPAN="2" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Depreciation</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Original</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Total </B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 21%">&nbsp;</TD>
    <TD STYLE="width: 6%; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>value at the</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 7%; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>estimated </B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 6%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 6%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 5%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 6%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 7%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 6%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 6%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 7%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 7%; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Residual value as of</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;Account</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>beginning</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>useful life </B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Additions</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Derecognitions</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Loss</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Reversals</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Accumulated as of</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Derecognitions</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>For the year</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>At year-end</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>of the year</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>in years</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>12.31.22</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Property and equipment</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Real property&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">545,402,595</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">50</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">15,759,793</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">8,813,919</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,735,867</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,429,542</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">65,217,886</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">8,540,645</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">11,824,794</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">68,502,035</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">484,540,109</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Furniture and facilities</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">173,304,748</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">10</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">14,858,656</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">8,374,737</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">86,951,906</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">8,361,929</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">17,881,795</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">96,471,772</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">83,316,895</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Machinery and equipment</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">46,088,253</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">5</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">10,569,407</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">22,336,783</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">24,971,969</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">22,336,783</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">14,531,263</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">17,166,449</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">17,154,428</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Vehicles &nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">4,263,710</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">5</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">1,171,940</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">167,847</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,618,752</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">167,847</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">634,876</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">3,085,781</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">2,182,022</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Right of use of leased properties</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">93,186,797</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">10</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">20,795,121</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">7,326,203</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">53,529,341</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">4,854,722</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">4,998,731</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">53,673,350</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">52,982,365</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Construction in progress</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">22,175,719</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">&#8212;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">9,449,544</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">22,741,033</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">8,884,230</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Total Property and equipment</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>884,421,822</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>72,604,461</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>69,760,522</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>1,735,867</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>2,429,542</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>233,289,854</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>44,261,926</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>49,871,459</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>238,899,387</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>649,060,049</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>


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<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>EXHIBIT F</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146">(Continued)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>INVESTMENT PROPERTY</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>FOR THE FISCAL YEAR ENDED DECEMBER 31, 2024</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 41)</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" ROWSPAN="2" STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Impairment</B></FONT></TD>
    <TD COLSPAN="7" ROWSPAN="2" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Depreciation</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Original</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Total </B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 22%; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;Account</B></FONT></TD>
    <TD STYLE="width: 8%; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>value at the</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 6%; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>estimated </B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 8%; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Transfer</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 7%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 8%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 8%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 8%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 7%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Residual value as of</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>beginning</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>useful life </B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Loss</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Accumulated as of</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Transfer </B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>For the year</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>At year-end</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>12.31.24</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>of the year</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>in years</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>12.31.23</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Leased real estate</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">137,506,815</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">50</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">47,800,365</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">37,136,276</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9,007,463</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">5,698,979</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">2,626,775</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">17,333,217</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">130,837,687</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Other investment property</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">3,027,250</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">10</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">536,079</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">65,536</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">601,615</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">2,425,635</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Total Investment Property</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>140,534,065</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>47,800,365</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>37,136,276</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>9,543,542</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>5,698,979</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>2,692,311</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>17,934,832</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>133,263,322</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 21.25pt">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>INVESTMENT PROPERTY</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 41)</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 21.25pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Impairment</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="5" ROWSPAN="2" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Depreciation</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Original</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Total </B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="width: 25%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;Account</B></FONT></TD>
    <TD STYLE="width: 10%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>value at the</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 10%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>estimated </B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 9%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 10%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Residual value as of</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>beginning</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>useful life </B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Loss</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Accumulated as of</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>For the year</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>At year-end</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>of the year</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>in years</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>12.31.22</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Leased real estate</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">138,025,774</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">50</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">518,959</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">6,736,422</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">2,271,041</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">9,007,463</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">128,499,352</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Other investment property</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">3,027,250</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">10</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">470,541</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">65,538</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">536,079</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">2,491,171</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>Total Investment Property</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>141,053,024</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>518,959</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>7,206,963</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>2,336,579</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>9,543,542</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: #072146"><B>130,990,523</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 21.25pt">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 21.25pt">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 21.25pt">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 21.25pt">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 21.25pt">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 21.25pt">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 21.25pt">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>


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<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>EXHIBIT G</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>INTANGIBLE ASSETS</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>FOR THE FISCAL YEAR ENDED DECEMBER 31, 2024</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 41)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="7" ROWSPAN="2" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Amortization</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Original</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Total </B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 21%">&nbsp;</TD>
    <TD STYLE="width: 8%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>value at the</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 8%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>estimated </B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 8%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 8%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 8%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 8%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 8%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 8%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 8%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Residual value as of</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>beginning</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>useful life </B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Additions</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Derecognitions</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Accumulated as of</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Derecognitions</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>For the year</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>At year-end</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>12.31.24</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>of the year</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>in years</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>12.31.23</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">Own systems development expenses</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">87,143,452</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">5</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">56,060,442</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">53,796,158</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">15,458,627</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">13,207,692</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">18,535,475</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">20,786,410</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">68,621,326</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Total Intangible assets</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>87,143,452</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>56,060,442</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>53,796,158</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>15,458,627</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>13,207,692</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>18,535,475</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>20,786,410</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>68,621,326</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>INTANGIBLE ASSETS</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 41)</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="7" ROWSPAN="2" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Amortization</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Account</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Original</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Total </B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 33%">&nbsp;</TD>
    <TD STYLE="width: 7%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>value at the</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 6%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>estimated </B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 6%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 6%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 7%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 2%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 6%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 6%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 7%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 7%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Residual value as of</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>beginning</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>useful life </B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Additions</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Derecognitions</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Accumulated as of</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Derecognitions</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>For the year</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>At year-end</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>of the year</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>in years</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>12.31.22</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Own systems development expenses</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">74,831,926</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">5</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">18,816,091</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">6,504,565</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">10,067,701</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">2,389,663</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">7,780,589</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">15,458,627</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">71,684,825</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Total Intangible assets</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>74,831,926</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>18,816,091</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>6,504,565</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>10,067,701</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>2,389,663</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>7,780,589</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>15,458,627</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>71,684,825</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 1pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>EXHIBIT H</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CONCENTRATION OF DEPOSITS</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024 AND 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 41)</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; color: #072146">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 31%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 18%">&nbsp;</TD>
    <TD STYLE="width: 16%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%">&nbsp;</TD>
    <TD STYLE="width: 16%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>%&nbsp;&nbsp;over</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>%&nbsp;&nbsp;over</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Number of customers</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Debt</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>total</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Debt</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>total</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>balance</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>portfolio</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>balance</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>portfolio</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">10 largest customers</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">1,717,605,000</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">17.24 %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">1,199,565,594</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">15.12 %</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">50 following largest customers</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">1,467,135,044</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">14.73 %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">870,490,920</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">10.97 %</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">100 following largest customers</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">464,762,142</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">4.67 %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">405,642,304</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">5.11 %</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">All other customers</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">6,312,193,983</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">63.36 %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">5,459,981,997</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">68.80 %</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;TOTAL&nbsp;&nbsp;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>9,961,696,169</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>100.00 %</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>7,935,680,815</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>100.00 %</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; text-align: right">&nbsp;</P>


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<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: right; color: #072146"><B>EXHIBIT I</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: right; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>BREAKDOWN OF FINANCIAL LIABILITIES BY REMAINING
TERMS</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5. to the consolidated financial statements) (1)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 41)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="7" STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Terms remaining to maturity</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 37%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 9%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>1</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>3</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>6</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>12</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>24</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>more than </B></FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;ITEMS</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>month</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>months</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>months</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>months</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>months</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>24 months</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>TOTAL</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Deposits</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>9,225,142,317</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>601,393,409</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>259,515,701</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>45,001,247</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>3,215</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>10,131,055,889</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Non-financial Government sector </FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">120,755,234</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">497,034</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">121,252,268</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Financial sector </FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">39,420,028</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">39,420,028</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Non-financial Private Sector and Residents Abroad </FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">9,064,967,055</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">600,896,375</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">259,515,701</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">45,001,247</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">3,215</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">9,970,383,593</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-right: 2.65pt; padding-bottom: 1.5pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Derivative instruments </B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>3,858,635</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>3,858,635</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Other financial liabilities </B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>1,191,432,031</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>811,448</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>1,164,411</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>1,971,689</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>3,142,582</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>20,710,377</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>1,219,232,538</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Financing received from the BCRA and other financial institutions </B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>18,336,053</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>25,755,235</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>1,234,545</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>45,325,833</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-bottom: 1.5pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Corporate bonds issued</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>1,268,498</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>10,647,573</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>66,647,395</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>78,563,466</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>10,440,037,534</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>627,960,092</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>272,562,230</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>113,620,331</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>3,145,797</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>20,710,377</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>11,478,036,361</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="8" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(1) These balances are total contractual flows and, therefore, include principal, accrued and to be accrued interest and charges.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>BREAKDOWN OF FINANCIAL LIABILITIES BY REMAINING
TERMS</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5. to the consolidated financial statements) (1)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 41)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 37%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="7" STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Terms remaining to maturity</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>1</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>3</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>6</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>12</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>24</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>more than </B></FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;ACCOUNTS&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>month</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>months</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>months</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>months</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>months</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>24 months</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>TOTAL</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Deposits</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>7,398,009,460</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>618,857,544</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>206,847,633</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>4,949,771</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>630,083</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>8,229,294,491</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Non-financial Government sector </FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">74,088,159</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">280,716</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">74,368,875</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Financial sector </FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">32,910,554</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">32,910,554</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Non-financial Private Sector and Residents Abroad </FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">7,291,010,747</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">618,576,828</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">206,847,633</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">4,949,771</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">630,083</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">8,122,015,062</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Liabilities at fair value through profit or loss</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>22,495,621</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>22,495,621</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Derivative instruments </B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>4,671,486</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>4,671,486</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Other financial liabilities </B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>967,237,901</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>1,817,770</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>2,600,177</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>4,860,728</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>7,441,948</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>40,683,362</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>1,024,641,886</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-right: 2.65pt; padding-bottom: 1.5pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Financing received from the BCRA and other financial institutions </B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>7,147,553</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>912,753</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>8,060,306</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>8,399,562,021</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>621,588,067</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>209,447,810</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>9,810,499</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>8,072,031</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>40,683,362</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>9,289,163,790</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="8" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(1) These balances are total contractual flows and, therefore, include principal, accrued and to be accrued interest and charges.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 1pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>


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<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>EXHIBIT J</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>PROVISIONS</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 41)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 34%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 8%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 4%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 11%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>&nbsp;Decreases </B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Accounts</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Balances at the beginning of the year</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Increases</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Reversals</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Uses</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Monetary gain (loss) generated by provisions</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Balances as of 12.31.24</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>&nbsp;INCLUDED IN LIABILITIES</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">&nbsp;- Provisions for contingent commitments</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">13,005,597</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">19,499,523</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(1)(3)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(9,725,265)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">22,779,855</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">&nbsp;- For administrative, disciplinary and criminal penalties</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">10,888</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(5,888)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">5,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">&nbsp;- Provisions for termination plans</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">1,676,993</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">1,129,772</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(1,056,401)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">1,750,364</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">&nbsp;- Other</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">30,152,665</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">26,874,094</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(2)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">810,324</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">5,811,953</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(27,937,090)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">22,467,392</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>TOTAL PROVISIONS</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>44,846,143</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>47,503,389</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>810,324</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>5,811,953</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>(38,724,644)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>47,002,611</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 0.75pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(1)</FONT></TD>
    <TD COLSPAN="13" STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Set up in compliance with the provisions of Communication &#8220;A&#8221; 2950 and supplementary regulations of the BCRA.</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(2)</FONT></TD>
    <TD COLSPAN="13" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">Set up to cover for potential contingencies not considered in other accounts (civil, commercial, labor and other lawsuits).</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(3)</FONT></TD>
    <TD COLSPAN="11" STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt">It includes an increase of 35,989 for exchange differences in foreign currency for contingent commitments.</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>PROVISIONS</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2023</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 41)</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; color: #072146">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 34%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 8%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 4%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 11%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%; border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>&nbsp;Decreases </B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Monetary gain (loss) generated by provisions</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Accounts</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Balances at the beginning of the year</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Increases</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Reversals</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Uses</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Balances as of 12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>&nbsp;INCLUDED IN LIABILITIES</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;- Provisions for contingent commitments</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">18,270,055</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">10,561,016</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(1)(3)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(15,825,474)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">13,005,597</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;- For administrative, disciplinary and criminal penalties</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">33,906</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(23,018)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">10,888</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;- Provisions for termination plans</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">3,078,806</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1,040,558</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(2,442,371)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1,676,993</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">&nbsp;- Other</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">36,430,908</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">34,561,886</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(2)</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">3,195</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">10,351,354</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(30,485,580)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">30,152,665</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>TOTAL PROVISIONS</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>57,813,675</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>46,163,460</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>3,195</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>10,351,354</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>(48,776,443)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>44,846,143</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(1)</FONT></TD>
    <TD COLSPAN="13" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Set up in compliance with the provisions of Communication &#8220;A&#8221; 2950 and supplementary regulations of the BCRA.</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(2)</FONT></TD>
    <TD COLSPAN="13" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">Set up to cover for potential contingencies not considered in other accounts (civil, commercial, labor and other lawsuits).</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(4)</FONT></TD>
    <TD COLSPAN="11" STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5pt; color: black">It includes an increase of 249,395 for exchange differences in foreign currency for contingent commitments.</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 1pt BBVA Benton Sans Book; margin: 0 0 0 7.1pt; color: #072146">&nbsp;</P>


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<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>EXHIBIT K</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CAPITAL STRUCTURE</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024</B></P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 41)</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="4" STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>SHARES</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="4" STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARE CAPITAL</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 15%">&nbsp;</TD>
    <TD STYLE="width: 16%">&nbsp;</TD>
    <TD STYLE="width: 14%">&nbsp;</TD>
    <TD STYLE="width: 13%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 23%; border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Issued</B></FONT></TD>
    <TD STYLE="width: 1%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 13%; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 4%; border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Class</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Number</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Face</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Votes</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Outstanding</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Paid-in</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>Value</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>per</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>per share</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>share</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255); vertical-align: bottom">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: black">COMMON</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: black">612,710,079</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: black">1</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: black">1</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: black">612,710</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: black">612,710</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: black">(1)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: black">&nbsp;(1) Registered with the Public Registry of Commerce.</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 1pt BBVA Benton Sans Book; margin: 0 0 0 35.45pt; color: #072146"><B>&nbsp;</B></P>


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<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>EXHIBIT L</B></P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>BALANCES IN FOREIGN CURRENCY</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024 AND 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 41)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 41%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 10%">&nbsp;</TD>
    <TD STYLE="width: 11%">&nbsp;</TD>
    <TD STYLE="width: 10%">&nbsp;</TD>
    <TD STYLE="width: 6%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>ACCOUNTS</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD COLSPAN="4" STYLE="border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>AS OF 12.31.24&nbsp;&nbsp;&nbsp;&nbsp;(per currency)</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>TOTAL</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>AS OF</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>AS OF</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt"><B>ASSETS</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Dollar</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Euro</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Real</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Other</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481">Cash and deposits in banks </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">2,345,962,528</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">2,303,474,291</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">39,071,194</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">664,039</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">2,753,004</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">2,344,694,623</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481">Debt securities at fair value through profit or loss </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">66,219</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">66,219</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">490,401,598</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481">Other financial assets </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">44,355,839</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">44,259,263</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">96,576</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">83,271,776</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481">Loans and other financing </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">1,285,842,873</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">1,283,269,614</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">2,573,259</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">428,900,800</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 7.1pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Non-financial Government sector </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">3,314</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">3,314</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">3,872</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 7.1pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Other financial institutions </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">4,453</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">4,453</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">9,011</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 7.1pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Non-financial Private Sector and Residents Abroad </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">1,285,835,106</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">1,283,261,847</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">2,573,259</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">428,887,917</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481">Other debt securities </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">71,866,052</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">71,866,052</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">161,297,397</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481">Financial assets pledged as collateral </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">67,802,233</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">67,802,233</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">92,371,297</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481">Investments in Equity Instruments </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">770,488</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">735,975</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">34,513</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">941,205</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>TOTAL ASSETS</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>3,816,666,232</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>3,771,473,647</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>41,775,542</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>664,039</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>2,753,004</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>3,601,878,696</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD COLSPAN="4" STYLE="border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>AS OF 12.31.24&nbsp;&nbsp;&nbsp;&nbsp;(per currency)</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>TOTAL</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>AS OF</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>AS OF</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt"><B>LIABILITIES</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Dollar</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Euro</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Real</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Other</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481">Deposits </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">3,596,145,137</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">3,566,091,137</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">30,054,000</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">2,792,159,297</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 7.1pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Non-financial Government sector </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">90,397,320</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">90,396,802</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">518</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">48,200,556</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 7.1pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Financial sector </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">1,638,005</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">1,629,696</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">8,309</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">1,376,470</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 7.1pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Non-financial Private Sector and Residents Abroad </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">3,504,109,812</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">3,474,064,639</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">30,045,173</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">2,742,582,271</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481">Other financial liabilities </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">184,601,391</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">180,539,108</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">3,059,414</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">1,002,869</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">174,058,115</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481">Financing received from the BCRA and other financial institutions </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">43,783,095</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">41,560,479</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">2,222,616</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">6,792,230</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #004481">Other non-financial liabilities</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">74,594,217</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">41,978,478</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">32,615,739</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">131,169,383</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>TOTAL LIABILITIES</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>3,899,123,840</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>3,830,169,202</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>67,951,769</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">-</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>1,002,869</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>3,104,179,025</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>


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<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>EXHIBIT N </B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>FINANCIAL ASSISTANCE TO RELATED PARTIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024 AND 2023</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 41)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 62%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 12%; border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Item</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Normal</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>TOTAL</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>Situation</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>1. Loans and other financing</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>131,247,401</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>131,247,401</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>67,308,042</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;- Overdrafts</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">2,165,279</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">2,165,279</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">382,857</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No preferred guarantees or counter guarantees </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">2,165,279</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">2,165,279</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">382,857</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;- Instruments</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">11,189</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No preferred guarantees or counter guarantees </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">11,189</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;- Mortgage and pledge loans</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">305,093</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">305,093</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">135,172</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Preferred collaterals and counter-guarantees &quot;B&quot;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">305,093</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">305,093</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">135,172</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;- Consumer loans</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">34,130</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">34,130</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">20,877</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No preferred guarantees or counter guarantees </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">34,130</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">34,130</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">20,877</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;- Credit Cards</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">258,266</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">258,266</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">344,903</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No preferred guarantees or counter guarantees </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">258,266</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">258,266</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">344,903</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;- Other</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">128,484,633</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">128,484,633</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">66,413,044</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No preferred guarantees or counter guarantees </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">128,484,633</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">128,484,633</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: black">66,413,044</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>4. Contingent commitments</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>87,150,401</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>87,150,401</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>38,383,008</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>TOTAL&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>218,397,802</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>218,397,802</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>105,691,050</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>ALLOWANCES</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>679,880</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>679,880</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt; color: #072146"><B>548,808</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 1pt BBVA Benton Sans Book; margin: 0 0 0 56.7pt; text-align: justify">&nbsp;</P>


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<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146; text-indent: 0.5in"><B>EXHIBIT O</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>DERIVATIVES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 41)</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 8%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 2%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 17%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
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    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
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    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Type of contract</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Purpose of the Transactions</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Underlying Asset</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Type of Settlement</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Scope of Negotiations or Counterparty</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Weighted Average Term Originally Agreed</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Residual Weighted Average Term</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Weighted Average Term of Differences Settlement</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Amount (1)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
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    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
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    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
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    <TD>&nbsp;</TD>
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    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">SWAPS</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">Financial transactions own account</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">Other</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">Upon maturity of differences</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">OTC - Residents in the country - Financial sector</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">7</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">6</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">16</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">7,044,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
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    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
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    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">FUTURES</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">Financial transactions own account </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">Foreign currency</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">Daily differences</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">ROFEX</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">3</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">2</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">1</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">1,067,189,935</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">FUTURES</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">Financial transactions own account</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">Foreign currency</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">Upon maturity of differences</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">OTC - Residents abroad - Non-financial sector</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">1</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">1</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">39</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">1,548,750</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
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    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
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    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
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    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">FUTURES</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">Financial transactions own account </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 2.65pt; padding-bottom: 1.5pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">Foreign currency</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 2.65pt; padding-bottom: 1.5pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">Upon maturity of differences</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">OTC - Residents in the country - Non-financial sector</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">3</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">2</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">96</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">404,702,728</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
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    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
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    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(1)</FONT></TD>
    <TD COLSPAN="17" STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">Sum of absolute values in thousands of pesos of notional values negotiated.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>DERIVATIVES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 41)</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 17%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
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  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Type of contract</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Purpose of the Transactions</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Underlying Asset</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Type of Settlement</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Scope of Negotiations or Counterparty</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Weighted Average Term Originally Agreed</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Residual Weighted Average Term</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Weighted Average Term of Differences Settlement</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Amount (1)</B></FONT></TD></TR>
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    <TD>&nbsp;</TD>
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    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
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    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">REPO TRANSACTIONS&nbsp;&nbsp;&nbsp;(2)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Financial transactions own account </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Other</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Upon maturity of differences</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">OTC - Residents in the country - Financial sector</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">4</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">2,927,211,838</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
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    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">FUTURES</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Financial transactions own account</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Foreign currency</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Daily differences</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">ROFEX</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">3</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">2</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">350,762,970</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
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    <TD STYLE="text-align: right">&nbsp;</TD></TR>
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    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">FUTURES</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Financial transactions own account </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Foreign currency</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Upon maturity of differences</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">OTC - Residents in the country - Non-financial sector</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">5</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">2</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">138</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">168,625,363</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
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    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">OPTIONS (3)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Financial transactions own account </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Local government securities</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">With delivery of underlying asset</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">OTC - Residents in the country - Financial sector</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">16</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">11</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">483</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">309,621,843</FONT></TD></TR>
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    <TD>&nbsp;</TD>
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  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
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  <TR>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(1)</FONT></TD>
    <TD COLSPAN="17" STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Sum of absolute values in thousands of pesos of notional values negotiated.</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(2)</FONT></TD>
    <TD COLSPAN="17" STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Although these transactions do not correspond to derivative financial instruments, they are disclosed in this exhibit upon request of the BCRA.</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(3)</FONT></TD>
    <TD COLSPAN="17" STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">The notional value of these options amounts to 142,183,107,297. See Notes 5 and 9 to the consolidated financial statements.</FONT></TD></TR>
  </TABLE>

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<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>EXHIBIT P</B></P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CATEGORIES OF FINANCIAL ASSETS AND LIABILITIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 41)</P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: justify; color: #072146"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Accounts</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Amortized Cost</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>FV through OCI</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>FV through profit or loss</B></FONT></TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Fair value hierarchy</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 40%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Statutory measurement</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Level 1</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Level 2</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Level 3</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>FINANCIAL ASSETS</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black"><U>Cash and deposits in banks</U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Cash</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">1,781,763,435</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Financial institutions and correspondents</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">1,035,110,248</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Debt securities at fair value through profit or loss</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">91,509,123</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">82,047,817</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">9,461,306</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Derivative instruments</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">9,863,462</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">9,863,462</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Other financial assets</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">251,452,240</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black"><U>Loans and other financing</U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Non-financial Government sector</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">964,726</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Other financial institutions</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">159,125,312</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 7.1pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black"><U>Non-financial Private Sector and Residents Abroad</U></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">7,084,983,575</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Overdrafts</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">636,336,862</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Instruments</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">1,816,528,423</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Mortgage loans</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">225,156,531</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Pledge loans</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">64,515,062</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Consumer loans</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">745,815,301</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Credit cards</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">1,984,302,001</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Finance leases</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">22,931,480</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Other</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">1,589,397,915</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Other debt securities</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">159,904,307</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">2,336,680,931</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">2,263,044,787</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">70,848,550</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">2,787,594</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Financial assets pledged as collateral</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">337,964,686</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">125,000,331</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">125,000,331</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Investments in equity instruments</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">4,502,573</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">8,155,134</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">8,155,134</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">770,488</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">3,732,085</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>TOTAL FINANCIAL ASSETS</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>10,811,268,529</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>2,466,183,835</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>109,527,719</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>2,478,248,069</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>90,943,806</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>6,519,679</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>EXHIBIT P</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0 0 0 5.5in; text-align: right; text-indent: 0.5in; color: #072146">(Continued)</P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0 0 0 5.5in; text-align: right; text-indent: 0.5in; color: #072146">&nbsp;</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CATEGORIES OF FINANCIAL ASSETS AND LIABILITIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 41)</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Accounts</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Amortized cost</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>FV through OCI</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>FV through profit or loss</B></FONT></TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Fair value hierarchy</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 40%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Statutory measurement</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Level 1</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Level 2</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Level 3</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>FINANCIAL LIABILITIES</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt"><U>Deposits</U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Non-financial Government sector</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">120,614,473</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Financial Sector</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">39,420,028</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 7.1pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt"><U>Non-financial Private Sector and Residents Abroad</U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Checking accounts</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">1,781,495,670</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Savings accounts</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">4,569,073,350</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Time deposits and investments</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">3,396,314,635</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Other</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">54,778,013</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Derivative instruments</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">3,858,635</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">3,858,635</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Other financial liabilities</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">1,191,018,945</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Financing received from the BCRA and other financial institutions</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">44,787,037</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Corporate bonds issued</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">78,563,466</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>TOTAL FINANCIAL LIABILITIES</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>11,276,065,617</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>3,858,635</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>3,858,635</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>-</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->224<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>EXHIBIT P</B></P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CATEGORIES OF FINANCIAL ASSETS AND LIABILITIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2022</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 41)</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify; color: #072146">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Accounts</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Amortized Cost</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>FV through OCI</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>FV through profit or loss</B></FONT></TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Fair value hierarchy</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 40%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Statutory measurement</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Level 1</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Level 2</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Level 3</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>FINANCIAL ASSETS</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black"><U>Cash and deposits in banks</U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Cash</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">1,583,725,734</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Financial institutions and correspondents</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">902,714,798</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Debt securities at fair value through profit or loss</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">491,934,399</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">487,641,727</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">3,206,670</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">1,086,002</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Derivative instruments</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">21,780,413</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">21,780,413</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black"><U>Repo transactions and surety bonds</U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">BCRA</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">2,618,426,757</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Other financial assets</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">195,892,117</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black"><U>Loans and other financing</U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Non-financial Government sector</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">316,210</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Other financial institutions</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">81,120,787</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black"><U>Non-financial Private Sector and Residents Abroad</U></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">4,039,731,023</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Overdrafts</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">376,905,729</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Instruments</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">1,007,048,271</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Mortgage loans</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">165,710,908</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Pledge loans</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">42,663,665</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Consumer loans</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">308,819,009</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Credit cards</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">1,488,521,433</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Finance leases</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">21,995,347</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 14.15pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Other</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">628,066,661</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Other debt securities</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">210,536,162</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">1,429,123,131</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">1,136,448,128</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">282,460,238</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">10,214,765</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Financial assets pledged as collateral</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">272,010,396</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">297,726,163</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">290,728,640</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">6,997,523</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Investments in equity instruments</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">4,322,577</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">7,024,887</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">7,024,887</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">941,205</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">3,381,372</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>TOTAL FINANCIAL ASSETS</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>9,904,473,984</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>1,731,171,871</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>520,739,699</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>1,921,843,382</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>315,386,049</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>14,682,139</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0 0 0 5in; text-align: right; text-indent: 0.5in; color: #072146"><B>EXHIBIT P</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0 0 0 5.5in; text-align: right; text-indent: 0.5in; color: #072146">(Continued)</P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0 0 0 5.5in; text-align: right; text-indent: 0.5in; color: #072146">&nbsp;</P>

<P STYLE="font: 8pt/115% BBVA Benton Sans Book; margin: 0 0 0 5.5in; text-align: right; text-indent: 0.5in; color: #072146">&nbsp;</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>CATEGORIES OF FINANCIAL ASSETS AND LIABILITIES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 41)</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Accounts</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Amortized Cost</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>FV through OCI</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>FV through profit or loss</B></FONT></TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Fair value hierarchy</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 43%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 12%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 11%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 11%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Statutory measurement</B></FONT></TD>
    <TD STYLE="width: 7%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Level 1</B></FONT></TD>
    <TD STYLE="width: 9%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Level 2</B></FONT></TD>
    <TD STYLE="width: 7%; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Level 3</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>FINANCIAL LIABILITIES</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt"><U>Deposits</U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Non-financial Government sector</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">74,112,350</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Financial sector</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">32,910,554</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt"><U>Non-financial Private Sector and Residents Abroad</U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 12pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Checking accounts</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">1,989,617,940</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 12pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Savings accounts</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">3,746,628,663</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 12pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Time deposits and investments</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">2,033,979,819</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 12pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Other</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">58,431,489</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Liabilities at fair value through profit or loss</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">22,495,621</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">22,495,621</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Derivative instruments</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">4,671,486</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">4,671,486</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Other financial liabilities</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">966,317,672</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">Financing received from the BCRA and other financial institutions</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">7,904,360</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 2.25pt double; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>TOTAL FINANCIAL LIABILITIES</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>8,909,902,847</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>27,167,107</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>-</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>27,167,107</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 2.25pt double; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>-</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 1pt BBVA Benton Sans Book; margin: 0 0 0 7.1pt; text-align: justify">&nbsp;</P>


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<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>EXHIBIT Q</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>&nbsp;</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>BREAKDOWN OF PROFIT OR LOSS</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024 AND 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 41)</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 68%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD ROWSPAN="3" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Accounts</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Net Financial Income/(Expense)</B></FONT></TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Statutory measurement</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Due to measurement of financial assets at fair value through profit or loss</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Income from government securities</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">154,522,823</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(114,213,526)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Income from private securities</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1,402,503</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1,244,416</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Income from financial derivative instruments</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 0.25in; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Forward transactions</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(14,889,122)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">51,248,270</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Interest rate swaps</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1,030,476</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(387,132)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Options</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(685,766)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(1,137,120)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Income from other financial assets</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1,512,685</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">2,992,028</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Due to measurement of financial liabilities at fair value through profit or loss</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Income/(loss) from other financial liabilities</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">2,876</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">372</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-top: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>142,896,475</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>(60,252,692)</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Interest and adjustments due to application of effective interest rate of financial assets measured at amortized cost</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Financial Income/(Expense)</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Interest income</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Government securities</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">21,791,151</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">92,678,831</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Loans and other financing</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">3,056,311,073</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">3,376,218,888</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;To the financial sector</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">61,255,856</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">71,775,295</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;To the non-financial private sector</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Overdrafts</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">303,052,982</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">383,238,215</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Instruments</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">579,932,926</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">724,217,420</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mortgage loans</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">15,336,145</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">14,071,117</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pledge loans</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">24,777,246</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">30,773,149</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer loans</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">305,531,003</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">283,675,392</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Credit cards</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">431,887,103</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">610,925,948</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Finance leases</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">10,519,249</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">17,389,067</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1,324,018,563</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1,240,153,285</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Repo transactions and surety bonds</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">845,845,984</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">845,394,681</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BCRA</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">843,419,334</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">844,167,266</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other financial institutions</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">2,426,650</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1,227,415</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>3,923,948,208</B></FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>4,314,292,400</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-top: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Interest expense</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Deposits</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(1,686,450,468)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(3,297,336,210)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Checking accounts</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(478,789,895)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(686,001,395)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Savings accounts</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(18,335,036)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(15,584,182)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Time deposits and investments</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(1,189,318,917)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(2,595,721,971)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(6,620)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(28,662)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Financing received from the BCRA and other financial institutions</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(2,129,245)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(4,563,861)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Repo transactions and surety bonds</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(12,710,894)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(54,412)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; text-indent: 21.8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">BCRA</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(688,170)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">-</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other financial institutions</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(12,022,724)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(54,412)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Other financial liabilities</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(12,124,063)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(2,251,187)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>(1,713,414,670)</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>(3,304,205,670)</B></FONT></TD></TR>
  </TABLE>

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<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>EXHIBIT Q</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146">(Continued)</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146">&nbsp;</P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>BREAKDOWN OF PROFIT OR LOSS</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024 AND 2023</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 41)</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 52%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 12%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 12%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 12%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 12%; border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Interest and adjustments due to application of the effective interest rate of financial assets at fair value through OCI</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Income for the year</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>OCI</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.23</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.23</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Private debt securities</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">4,358,370</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">7,541,862</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(8,068,193)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">5,154,347</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Government debt securities</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">612,999,472</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">2,407,475,799</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(491,728,480)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">638,597,212</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-top: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>617,357,842</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>2,415,017,661</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>(499,796,673)</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>643,751,559</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Commission income</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Income for the year</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.23</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Linked to obligations</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">154,854,007</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">183,761,683</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Linked to loans</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">12,741,899</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">8,690,774</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Linked to loan commitments and financial guarantees</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1,284,515</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1,116,938</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Linked to securities</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">19,324,931</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">14,576,241</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Linked to cards</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">274,458,562</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">254,933,228</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Linked to insurance</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">19,779,102</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">20,981,896</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Linked to foreign trade and exchange transactions</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">25,962,880</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">23,595,273</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-top: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>508,405,896</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>507,656,033</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Commission expense</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>Income for the year</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12,31,24</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12,31,23</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Linked to transactions with securities</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(129,096)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(146,816)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Linked to foreign trade and exchange transactions</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(61,852,231)</FONT></TD>
    <TD STYLE="padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(40,302,506)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: black">Other</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(214,625,424)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(216,533,468)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>TOTAL</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>(276,606,751)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>(256,982,790)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 1pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>


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<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: right; color: #072146"><B>EXHIBIT R</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>ADJUSTMENT TO IMPAIRMENT LOSS - ALLOWANCES
FOR LOAN LOSSES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2024</B></P>

<P STYLE="font: 8pt/9.2pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 41)</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 35%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 12%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 12%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>ECL of remaining life of the financial asset</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Accounts</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Balances as of 12.31.23</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>ECL for the following </B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>FI with significant </B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>FI with credit</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Monetary gain (loss) </B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Balances as of 12.31.24</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>12 months</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>increase of </B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>impairment</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>generated by </B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>credit risk</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>allowances</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>Other financial assets</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>2,697,967</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(44,800)</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>-</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>468,523</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(1,544,387)</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>1,577,303</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>Loans and other financing</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>104,039,680</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>51,661,229</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>17,950,672</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>66,317,700</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(71,062,457)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>168,906,824</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other financial institutions</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">8,269,244</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">10,540,577</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">171,675</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">(24,692)</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">(5,890,346)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">13,066,458</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Non-financial Private Sector and Residents Abroad</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">95,770,436</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">41,120,652</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">17,778,997</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">66,342,392</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">(65,172,111)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">155,840,366</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">Overdrafts</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">7,479,954</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">2,687,648</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(372,892)</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">2,282,884</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(5,408,631)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">6,668,963</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">Instruments</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">8,372,259</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">9,681,608</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">299,845</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">99,264</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(5,587,370)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">12,865,606</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">Mortgage loans</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">7,202,649</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">298,180</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">2,142,994</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">4,919,566</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(5,577,461)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">8,985,928</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">Pledge loans</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">573,563</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">160,564</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">211,230</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">691,277</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(358,254)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">1,278,380</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">Consumer loans</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">21,006,682</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">9,759,833</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">5,550,740</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">24,742,104</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(15,098,478)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">45,960,881</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 0.25in; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">Credit cards</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">41,605,159</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">18,665,015</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">9,037,637</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">29,296,203</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(30,216,245)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">68,387,769</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">Finance leases</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">1,023,113</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">144,371</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">34,360</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">69,927</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(659,482)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">612,289</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">Other</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">8,507,057</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(276,567)</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">875,083</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">4,241,167</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(2,266,190)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">11,080,550</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>Other debt securities</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>213,468</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>93,444</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(150,063)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>156,849</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>Contingent commitments</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>13,005,597</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>14,965,858</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>3,948,651</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>575,014</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(9,715,265)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>22,779,855</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>TOTAL ALLOWANCES</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>119,956,712</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>66,675,731</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>21,899,323</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>67,361,237</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>(82,472,172)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>193,420,831</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/115% BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>ADJUSTMENT TO IMPAIRMENT LOSS - ALLOWANCES
FOR LOAN LOSSES</B></P>

<P STYLE="font: 8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>AS OF DECEMBER 31, 2023</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 41)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 35%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 12%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 12%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>ECL of remaining life of the financial asset</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Accounts</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Balances as of 12.31.22</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>ECL for the following </B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>FI with significant </B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>FI with credit</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Monetary gain (loss) </B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Balances as of 12.31.23</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>12 months</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>increase of </B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>impairment</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>generated by </B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>credit risk</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>allowances</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>Other financial assets</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>2,824,233</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>1,118,331</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>-</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>1,203,712</B></FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(2,448,309)</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>2,697,967</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>Loans and other financing</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>141,774,609</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>30,716,660</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>10,542,326</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>65,638,192</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(144,632,107)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>104,039,680</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other financial institutions</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">6,109,541</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">8,752,839</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">831,055</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">(5,431)</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">(7,418,760)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">8,269,244</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Non-financial Private Sector and Residents Abroad</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">135,665,068</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">21,963,821</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">9,711,271</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">65,643,623</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">(137,213,347)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481">95,770,436</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Overdrafts</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">7,069,178</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">2,954,916</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1,959,542</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">2,277,672</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(6,781,354)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">7,479,954</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Instruments</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">5,174,840</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">9,365,717</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">694,935</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1,047,896</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(7,911,129)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">8,372,259</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Mortgage loans</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">11,630,684</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">499,670</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">2,241,332</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">4,935,926</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(12,104,963)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">7,202,649</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Pledge loans</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1,007,057</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">467,068</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">80,241</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">115,606</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(1,096,409)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">573,563</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Consumer loans</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">27,796,250</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">3,134,730</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">2,731,024</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">20,653,203</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(33,308,525)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">21,006,682</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 0.25in; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Credit cards</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">68,461,767</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">9,856,467</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1,175,869</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">29,553,016</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(67,441,960)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">41,605,159</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Finance leases</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1,291,342</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">376,194</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">251,969</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">423,492</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(1,319,884)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">1,023,113</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; padding-left: 0.25in"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">Other</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">13,233,950</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(4,690,941)</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">576,359</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">6,636,812</FONT></TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">(7,249,123)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: black">8,507,057</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>Other debt securities</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>217,591</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>225,872</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(229,995)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>213,468</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>Contingent commitments</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>18,270,055</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>9,665,184</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>525,194</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>370,639</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(15,825,475)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>13,005,597</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>TOTAL ALLOWANCES</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>163,086,488</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>41,726,047</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>11,067,520</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>67,212,543</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>(163,135,886)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>119,956,712</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 1pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->229<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt/10pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>PROJECT FOR THE DISTRIBUTION OF EARNINGS</B></P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>FOR THE FISCAL YEAR ENDED</B></P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>DECEMBER 31, 2024</B></P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Amounts stated in thousands of Argentine
pesos in constant currency &#8211; Note 2.1.5. to the consolidated financial statements)</P>

<P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146">(Translation of Financial statements originally
issued in Spanish &#8211; See Note 41)</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 7.1pt; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0 0 0 7.1pt; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 41%; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>RETAINED EARNINGS&nbsp;&nbsp;&nbsp;&nbsp;(1)</B></FONT></TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 14%">&nbsp;</TD>
    <TD STYLE="width: 10%">&nbsp;</TD>
    <TD STYLE="width: 20%; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">806,226,813</FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;To Legal Reserve </FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(70,648,487)</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>SUBTOTAL 1</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>735,578,326</B></FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Other Comprehensive Income</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD COLSPAN="4" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: justify; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Difference between measurement at amortized cost and at fair market value of government debt securities measured at amortized cost</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">(117,236)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>SUBTOTAL 2</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>735,578,326</B></FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>DISTRIBUTABLE BALANCE&nbsp;&nbsp;(2) (3)</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>735,578,326</B></FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">To cash dividends </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">To unappropriated retained earnings </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="7" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(1) It includes Optional Reserve for future distributions of earnings in the amount of 452,984,376.</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="7" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: justify; line-height: 8pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">(2) Pursuant to Section 3 - Verification of Liquidity and Solvency and Section 4 - Additional Margins of Capital of revised Text on Distribution of Earnings.</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD COLSPAN="7" STYLE="padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: justify">(3) The Board of Directors has decided to postpone the
    proposal for allocating income for fiscal year 2024 until the next Annual and Extraordinary Shareholders&#8217; Meeting.</P>
    <P STYLE="font: 8pt/8pt BBVA Benton Sans Book; margin: 0; text-align: justify">The distribution of earnings is contingent upon the approval
    of the Annual Extraordinary Shareholders&#8217; Meeting. Prior approval of the BCRA is required (Note 44 to the Consolidated Financial
    Statements). This project for the distribution of earnings may vary in accordance with the aforementioned authorizations.</P></TD></TR>
  </TABLE>
<P STYLE="font: 1pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 8pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->230<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD COLSPAN="3"><P STYLE="font: 10pt/10pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>REPORTING SUMMARY FOR</B></P><P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>THE FISCAL YEAR ENDED DECEMBER 31, 2024</B></P><P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>(Amounts stated in thousands of Argentine pesos in constant currency &ndash;Note 2.1.5. to the consolidated financial statements)</B></P><P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>(Translation of Financial statements originally issued in Spanish &ndash; See Note 55 to the consolidated financial statements)</B></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 14.2pt; text-align: justify">This reporting summary was prepared on the
basis of the consolidated financial statements of the Bank prepared in accordance with the financial reporting framework set forth by
the BCRA. (Communication &#8220;A&#8221; 6114 as supplemented by the BCRA). Except for the exceptions established by the BCRA which are
explained in the following paragraph, such framework is based on IFRS Accounting Standards (International Financial Reporting Standards)
as issued by the IASB (International Accounting Standards Board) and adopted by the Argentine Federation of Professionals Councils in
Economic Sciences (FACPCE, for its acronym in Spanish). The abovementioned international standards include the International Financial
Reporting Standards (IFRS), the International Accounting Standards (IAS) and the interpretations developed by the IFRS Interpretations
Committee (IFRIC) or former IFRIC (SIC).</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 14.2pt; text-align: justify">Out of the exceptions set forth by the BCRA
to the application of current IFRS Accounting Standards, the following affects the preparation of these consolidated financial statements:</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 24.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">a)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt">Within the framework of the convergence
process to IFRS Accounting Standards established by Communication &#8220;A&#8221; 6114, as amended and supplemented, the BCRA provided
that for fiscal years starting on or after January 1, 2020, financial institutions defined as &#8220;Group A&#8221; according to BCRA
regulations, as such is the case of the Entity, are required to start to apply paragraph 5.5 &#8220;Impairment&#8221; of IFRS 9 &#8220;Financial
Instruments&#8221; (paragraphs B5.5.1 through B5.5.55) except for exposures to the public sector, considering the exclusion set forth
by Communication &#8220;A&#8221; 6847.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 42.5pt; text-align: justify">Had the abovementioned paragraph 5.5. &#8220;Impairment&#8221;
been applied in full, according to a global estimate made by the Entity, as of December 31, 2024 and 2023, its shareholders&#8217; equity
would have been reduced by 5,104,941 and 20,384,548, respectively.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 42.55pt; text-align: justify; text-indent: -14.2pt">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 14.2pt; text-align: justify">Except for what was mentioned in the previous
paragraphs, the accounting policies applied by the Entity comply with the IFRS Accounting Standards that have been currently approved
and are applicable in the preparation of these consolidated financial statements in accordance with the IFRS Accounting Standards as adopted
by the BCRA as per Communication &#8220;A&#8221; 8164. In general, the BCRA does not allow the early application of any IFRS Accounting
Standards, unless otherwise specified.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 14.2pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 14.2pt; text-align: justify">These financial statements as of December
31, 2024 have been approved by the Board of Directors of Banco BBVA Argentina S.A. on March 5, 2025.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 14.2pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 14.2pt; text-align: justify">Likewise, the BCRA by means of Communications
&quot;A&quot; 6323 and 6324 established guidelines for the preparation and presentation of financial statements of financial entities
as from fiscal years beginning on January 1, 2018, including additional information requirements as well as the information to be presented
in the form of Exhibits.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 14.2pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 14.2pt; text-align: justify">As a consequence of the application of those
standards, the Bank prepares its financial statements according to the new financial reporting framework set forth by the BCRA as of December
31, 2024 and 2023.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 14.2pt; text-align: justify; color: #072146"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 14.2pt; text-align: justify">Banco BBVA Argentina S.A. <FONT STYLE="color: #121212">(NYSE;
MAE; BYMA: BBAR; Latibex: XBBAR) is a subsidiary of the BBVA Group, its majority shareholder since 1996. In Argentina, it has been one
of the major financial institutions since 1886. BBVA Argentina offers retail and corporate banking services to a broad customer base,
including individuals, small-to-medium sized companies, and large corporations. </FONT>As of December 31, 2024, the Entity's total assets,
liabilities and shareholders' equity amounted to 14,724,998,779; 12,104,066,606; and 2,578,864,401; respectively.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 14.2pt; text-align: justify">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->231<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD COLSPAN="3"><P STYLE="font: 10pt/10pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>REPORTING SUMMARY FOR</B></P><P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>THE FISCAL YEAR ENDED DECEMBER 31, 2024</B></P><P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>(Amounts stated in thousands of Argentine pesos in constant currency &ndash;Note 2.1.5. to the consolidated financial statements)</B></P><P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>(Translation of Financial statements originally issued in Spanish &ndash; See Note 55 to the consolidated financial statements)</B></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 14.2pt; text-align: justify">The Entity offers its products and services
through a wide multi-channel distribution network with presence in all the provinces in Argentina and the City of Buenos Aires, with more
than 3.6 million active customers as of December 31, 2024. That network includes 235 branches providing services to the retail segment
and also to small and medium sized-enterprises and organizations.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 14.2pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 14.2pt; text-align: justify">Corporate Banking is divided by industry sector:
Consumers, Heavy Industries and Energy, providing customized services for large companies. To supplement the distribution network, the
Entity has 864 ATMs, 880 self-service terminals, 15 in-company banks, one point of Customer service booths. Moreover, it has a telephone
banking service, a modern, safe and functional Internet banking platform and a mobile banking app. As regards payroll, Banco BBVA Argentina
S.A. has 6,289 employees, including 89 employees of BBVA Asset Management Argentina S.A.U., PSA Finance Argentina Compa&ntilde;&iacute;a
Financiera S.A. and Volkswagen Financial Services Compa&ntilde;&iacute;a Financiera S.A. (active employees at the end of the month, including
structural, temporary and expatriate employees).</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 14.2pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 14.2pt; text-align: justify">The loan portfolio net of allowance for loan
losses totaled $ 7,538,571,532 as of December 31, 2024, reflecting a 75.24% increase as compared to the previous year.</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 14.2pt; text-align: justify">As it relates to consumer loans, including
mortgage loans, credit cards, consumer loans and pledge loans, the latter jointly with consumer loans increased the most, by 84.73% in
the case of pledge loans and 146.23% in consumer loans, compared with December 31, 2023.</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0.05pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 5pt 0 5pt 14.2pt; text-align: justify">Banco BBVA Argentina S.A.'s consolidated
market share in private-sector financing was 11.31% at fiscal year- end, based on the BCRA's daily information (principal balance as of
the last day of each consolidated quarter).</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 5pt 0 5pt 14.2pt; text-align: justify">In terms of portfolio quality, the Bank
managed to obtain very good ratios. As for the nonperforming portfolio (nonperforming financing/total financing) stood at 1.13%, with
a 177.00% hedge level (total allowances/nonperforming financing) as of December 31, 2024.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 14.2pt; text-align: justify">The exposure for securities as of December
31, 2024 totaled $ 2,588,382,415, including repos.</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0.05pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 14.2pt; text-align: justify">In terms of liabilities, customers&#8217;
resources totaled $ 9,929,679,125, with a 25.29% increase over the last twelve months.</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0.05pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 14.2pt; text-align: justify">Banco BBVA Argentina S.A.'s consolidated market
share in private-sector financing was 8.72% at fiscal year- end, based on the information provided by the BCRA on a daily basis (principal
amount as of the last day of each quarter).</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 14.2pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 14.2pt; text-align: justify; color: #004481"><B><U>Breakdown of changes
in the main income/loss items</U></B></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 14.2pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 14.2pt; text-align: justify">Banco BBVA Argentina S.A. recorded an accumulated
profit of 357,652,653 as of December 31, 2024, representing a return on average shareholders' equity of 12.49%, a return on average assets
of 2.51%, and a return on average liabilities of 3.20%.</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 14.15pt; text-align: justify">Accumulated net interest income totaled 2,933,066,843,
down by 17.31% compared to December 2023. Such decrease was driven by less income from interest on government securities and interest
on credit cards, offset by less interest on term deposits and interest on checking accounts.</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0.05pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 14.2pt; text-align: justify">Accumulated net commission income totaled
282,583,325 accounting for a 6.61% decrease compared to December 2023. This decrease was due to lower commissions linked to liabilities
and insurance commissions. This decrease in commission income was higher due to increased commissions linked to foreign trade transactions.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 14.2pt; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 14.2pt; text-align: justify">As concerns accumulated administrative expenses
and personnel benefits totaled 1,079,873,320, down by 0.34% vis-a-vis December 2023. This decrease was due to lower expenses for other
short-term personnel benefits and remunerations paid by the entity. This decrease was offset by increased expenses for administrative
services hired and documents distribution.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 14.15pt; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0pt 0pt 1.2pt 14.15pt; text-align: justify; color: #004481"><B><U>Prospects</U></B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 14.15pt; text-align: justify">Significant fiscal and monetary consolidation,
together with relative exchange rate stability, have contributed to a process of inflation moderation throughout 2024 in the country.
Likewise, after a sharp contraction in the first half of the year, there are clear signs of recovery in economic activity, which after
an expected average decline of 2.5% in 2024, would expand by around 5.5% in 2025, according to BBVA Research. The outlook for inflation
reduction has been improving every month and the forecast is for it to converge to around 30% or even lower in 2025. Also noteworthy
is the drop in country risk, which went from 1,900 bps to less than 700 bps at the end of 2024. On the other hand, one of the main factors
of uncertainty is associated with the evolution of the exchange rate and the pace of the removal of exchange regulations, as the peso
has recently appreciated more than expected. The banking system continues to grow at a high rate, driven by inflation control and the
reforms introduced by the new government.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 14.15pt; text-align: justify">As of December 2024, the system's peso-denominated
private credit grew 234% year-on-year, while BBVA Argentina increased its peso-denominated private loan portfolio by 263%<SUP>[1]</SUP>.
Both the system and BBVA were able to outpace inflation (which reached 118% year-on-year in December 2024). With this information, we
continue to observe a real monthly growth that began in April 2024 for BBVA Argentina and in May for the system. The bank's market share
of total currency private loans at consolidated level rose 146 bps from 9.85% in December 2023 to 11.31% in December 2024, maintaining
a double-digit share. Based on the latest data available at the BCRA as of November 2024, BBVA Argentina ranked 2nd in the ranking of
local banks with private capital with respect to private loans in consolidated terms. Over the last few years, BBVA Argentina increased
its market share by 360 bps, above peer group growth. This was made organically, maintaining the Bank&#8217;s commitment to focus on the
financial intermediation business.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 14.15pt; text-align: justify">In terms of total currency private deposits,
the system grew 116% while the Bank grew 177%, exceeding the level of inflation in the case of BBVA Argentina. BBVA Argentina's consolidated
market share of total private deposits was 8.72%, 193 bps higher than the 6.79% of the previous year. BBVA Argentina, according to the
latest available data from the BCRA as of November 2024, remained in 3rd position in the ranking of local private equity banks in terms
of private deposits at the consolidated level, compared to December 2023. It is worth mentioning that the growth in deposits was directly
impacted by the asset regularization law announced in June. In the last five years BBVA Argentina has grown its market share 158 bps,
above the growth of the peer group<SUP>[2]</SUP>.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 14.15pt; text-align: justify">BBVA Argentina continues to monitor actively
its businesses, financial conditions and results of operations and considers itself to be in a competitive position to continue facing
the challenges posed by the context. The Bank has a low cost of funding due to the appropriate structure of its deposits, a strong capital
and liquidity position and the optimal portfolio quality in relation to the financial system.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 14.15pt; text-align: justify">During the year, BBVA Argentina's active
customers grew 3%, with an outstanding growth of SMEs, which grew 25% since 2023. The growth of this type of customer underpins the Bank's
objective of supporting this segment.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 14.15pt; text-align: justify">With respect to digitalization, our service
offering has evolved in such a way that at the end of December 2024, mobile money transactions grew 22% versus the same period of the
previous year. In the quarter, the acquisition of new customers by digital means over traditional ones was 88%, while as of December 2023
it was approximately 78%.</P>


<HR ALIGN="LEFT" SIZE="1" STYLE="width: 33%">

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>[1]</SUP></FONT>
Source: BCRA siscen reporting regime as of December 30, 2024. Principal balances as of the last day of each period, in nominal terms.</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>[2]</SUP></FONT>
Source: BCRA Financial institutions report. Latest information available November 2024 for peers. BBVA as of December 2024. Galicia bank
only. Banco Macro includes Ita&uacute; as from November 2024. Peer Group: SAN + GAL + BMA</P>

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<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 14.15pt; text-align: justify">Regarding ESG, BBVA Argentina has a corporate
responsibility with society, inherent to the Bank's business model, which promotes financial inclusion and education and supports scientific
research and culture. As part of the 2024 initiatives, BBVA Argentina certified as sustainable ten export pre-financing operations and
financial loans for exporters to the wine company Pe&ntilde;aflor Group for a total of US$64.8 million.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 6pt 14.2pt; text-align: justify">Finally, BBVA Argentina continues to actively
monitor its businesses, the financial conditions, and results of its operations to maintain a competitive position and face the challenges
of a pivotal year for Argentina.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0 0 0 14.2pt; text-align: justify">The goal for 2025 will consist in maintaining
the solid position developed by the Bank, within the framework of year of transition for the country, and legislative elections.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 14.15pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 5pt 0 0 14.2pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 5pt 0 0 14.2pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0.05pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0.05pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0.05pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0 0 5pt; text-align: justify"><I>&nbsp;</I></P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="12" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>CONSOLIDATED BALANCE SHEET STRUCTURE COMPARATIVE</B></FONT></TD></TR>
  <TR>
    <TD COLSPAN="12" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>&nbsp;WITH THE SAME PERIODS OF PREVIOUS FISCAL YEARS</B></FONT></TD></TR>
  <TR>
    <TD COLSPAN="12" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 9pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146">(Amounts stated in thousands of Argentine pesos in constant currency &#8211;Note 2.1.5.)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="8">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 32%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 2%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 19%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 2%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; background-color: white; width: 19%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 2%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 19%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.23</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.22</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; background-color: white">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.21</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt; color: #072146"><B>12.31.20</B></FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; background-color: white">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; background-color: white">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Total assets</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">14,724,998,779</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">13,336,901,096</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">13,283,379,855</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">13,608,272,092</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">13,717,064,568</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Total liabilities</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">12,104,066,606</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">10,235,659,800</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">10,802,225,658</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">11,460,262,065</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">11,648,350,385</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Shareholders&#8217; Equity Parent</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,578,864,401</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">3,062,113,355</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,444,512,923</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,105,654,610</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">2,026,082,214</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Shareholders&#8217; Equity Minority interest</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">42,067,772</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">39,127,941</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">36,641,274</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">42,355,417</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt">42,631,969</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">Total liabilities + Shareholders&#8217; Equity Parent</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 9pt">+ Shareholders&#8217; Equity Minority interest</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>14,724,998,779</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>13,336,901,096</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>13,283,379,855</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>13,608,272,092</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 8pt"><B>13,717,064,568</B></FONT></TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0.05pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0">&nbsp;</P>


<!-- Field: Page; Sequence: 236 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->235<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD COLSPAN="3"><P STYLE="font: 10pt/10pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>REPORTING SUMMARY FOR</B></P><P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>THE FISCAL YEAR ENDED DECEMBER 31, 2024</B></P><P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>(Amounts stated in thousands of Argentine pesos in constant currency &ndash;Note 2.1.5. to the consolidated financial statements)</B></P><P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>(Translation of Financial statements originally issued in Spanish &ndash; See Note 55 to the consolidated financial statements)</B></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="10" STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5.5pt; color: #072146"><B>CONSOLIDATED STATEMENT OF INCOME STRUCTURE COMPARATIVE</B></FONT></TD></TR>
  <TR>
    <TD COLSPAN="10" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5.5pt; color: #072146"><B>&nbsp;WITH THE SAME PERIODS OF PREVIOUS FISCAL YEARS</B></FONT></TD></TR>
  <TR>
    <TD COLSPAN="10" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 5.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5.5pt; color: #072146">(Amounts stated in thousands of Argentine pesos in constant currency &#8211;Note 2.1.5.)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="8">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 53%">&nbsp;</TD>
    <TD STYLE="width: 8%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 8%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5.5pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5.5pt; color: #072146"><B>12.31.23</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5.5pt; color: #072146"><B>12.31.22</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; background-color: white">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5.5pt; color: #072146"><B>12.31.21</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5.5pt; color: #072146"><B>12.31.20</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5.5pt; color: #004481"><B>Net interest income</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>2,933,066,843</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>3,547,206,077</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>2,301,830,061</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>1,635,893,042</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>1,552,347,443</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5.5pt; color: #004481"><B>Net commission income</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>282,583,325</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>302,592,986</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>316,975,192</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>312,633,935</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>244,046,369</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5.5pt">Net income/(loss) from measurement of financial instruments at fair value through profit or loss</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">147,665,951</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(52,237,951)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">123,262,398</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">57,653,363</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">157,833,443</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5.5pt">Net income/(loss) from write-down of assets at amortized cost and at fair value through OCI</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">241,671,545</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">88,391,254</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">1,966,215</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(1,615,473)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(46,055,134)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5.5pt">Foreign exchange and gold gains</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">54,636,460</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">457,541,435</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">54,772,068</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">73,174,566</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">124,171,595</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5.5pt">Other operating income</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">142,790,472</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">146,440,914</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">143,506,294</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">106,884,995</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">125,165,823</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5.5pt">Loan loss allowance</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(217,655,681)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(166,331,128)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(132,101,795)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(109,207,257)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(197,986,921)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5.5pt; color: #004481"><B>Net operating income</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>3,584,758,915</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>4,323,603,587</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>2,810,210,433</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>2,075,417,171</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>1,959,522,618</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5.5pt">Personnel benefits</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(515,595,297)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(540,272,252)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(460,972,643)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(413,611,972)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(405,129,649)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5.5pt">Administrative expenses</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(564,278,023)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(543,241,537)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(462,086,631)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(428,412,461)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(375,235,366)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5.5pt">Asset depreciation and impairment</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(79,611,677)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(62,448,521)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(74,412,269)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(73,731,823)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(81,069,624)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5.5pt">Other operating expenses</FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(495,272,747)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(575,555,894)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(416,952,764)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(352,674,037)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(327,400,383)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5.5pt; color: #004481"><B>Operating income</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>1,930,001,171</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>2,602,085,383</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>1,395,786,126</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>806,986,878</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>770,687,596</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5.5pt; color: #004481"><B>Income/(loss) from associates and joint ventures</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>50,755</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>2,518,723</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(3,163,437)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(552,863)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>5,440,841</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5.5pt; color: #004481"><B>Loss on net monetary position</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(1,485,575,930)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(1,946,902,761)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(973,154,085)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(527,944,170)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(392,717,253)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5.5pt; color: #004481"><B>Income before income tax from continuing activities</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>444,475,996</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>657,701,345</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>419,468,604</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>278,489,845</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>383,411,184</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5.5pt; color: #004481"><B>Income tax from continuing activities</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(86,823,343)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(298,525,376)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(26,600,661)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>1,053,802</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(163,490,580)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 5.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5.5pt; color: #004481"><B>Net income from continuing activities</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>357,652,653</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>359,175,969</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>392,867,943</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>279,543,647</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>219,920,604</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5.5pt; color: #004481"><B>Net income for the year</B></FONT></TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>357,652,653</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>359,175,969</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>392,867,943</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>279,543,647</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>219,920,604</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 30.35pt">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0 0 0 30.35pt">&nbsp;</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->236<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD COLSPAN="3"><P STYLE="font: 10pt/10pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>REPORTING SUMMARY FOR</B></P><P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>THE FISCAL YEAR ENDED DECEMBER 31, 2024</B></P><P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>(Amounts stated in thousands of Argentine pesos in constant currency &ndash;Note 2.1.5. to the consolidated financial statements)</B></P><P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>(Translation of Financial statements originally issued in Spanish &ndash; See Note 55 to the consolidated financial statements)</B></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="11" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5.5pt; color: #072146"><B>CONSOLIDATED STATEMENT OF OTHER COMPREHENSIVE INCOME STRUCTURE COMPARATIVE</B></FONT></TD></TR>
  <TR>
    <TD COLSPAN="11" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5.5pt; color: #072146"><B>&nbsp;WITH THE SAME PERIODS OF PREVIOUS FISCAL YEARS</B></FONT></TD></TR>
  <TR>
    <TD COLSPAN="11" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 5.5pt; color: #072146">(Amounts stated in thousands of Argentine pesos in constant currency &#8211;Note 2.1.5.)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 52%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 11%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 8%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 8%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 8%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 8%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>12.31.23</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>12.31.22</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>12.31.21</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>12.31.20</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Net income for the period</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>357,652,653</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>359,175,969</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>392,867,943</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>279,543,647</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>219,920,604</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Other comprehensive income components to be reclassified to income/(loss) for the period:</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>Share in Other Comprehensive Income from associates and joint ventures at equity method</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">Income for the period on the Share in OCI from associates and joint ventures at equity method-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">739,274</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(47,063)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(4,331,177)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>739,274</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(47,063)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(4,331,177)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>Profit or losses from financial instruments at fair value through OCI</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">Income / (Loss) for the period from financial instruments at fair value through OCI</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(381,707,896)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">724,028,277</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(84,499,268)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">9,085,428</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">99,431,499</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">Reclassification adjustment for the period</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(122,608,090)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(75,817,890)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(1,845,975)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">1,413,437</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">46,054,914</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">Income tax</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">173,711,328</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(220,876,116)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">25,808,135</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(2,638,649)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(41,278,477)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(330,604,658)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>427,334,271</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(60,537,108)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>7,860,216</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>104,207,936</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Other comprehensive income components not to be reclassified to income/(loss) for the period:</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>Income or loss on equity instruments at fair value through OCI </B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">Income from financial instruments at fair value through OCI</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">144,175</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">3,013,301</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(256,799)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(172,290)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(326,548)</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">Income tax</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">35,743</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>144,175</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>3,013,301</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(256,799)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(172,290)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #004481"><B>(290,805)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Total Other Comprehensive Income / (Loss) for the period</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>(330,460,483)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>430,347,572</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>(60,054,633)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>7,640,863</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>99,585,954</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 1.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Total comprehensive income / (loss)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>27,192,170</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>789,523,541</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>332,813,310</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>287,184,510</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>319,506,558</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 2.25pt double">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 2.25pt double">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 2.25pt double">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 2.25pt double">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 2.25pt double">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Total Comprehensive income / (loss):</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">Attributable to owners of the Parent</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">24,252,339</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">787,188,041</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">338,785,074</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">287,460,921</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">319,754,999</FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">Attributable to non-controlling interests</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">2,939,831</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">2,335,500</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(5,971,764)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(276,411)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(248,441)</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->237<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD COLSPAN="3"><P STYLE="font: 10pt/10pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>REPORTING SUMMARY FOR</B></P><P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>THE FISCAL YEAR ENDED DECEMBER 31, 2024</B></P><P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>(Amounts stated in thousands of Argentine pesos in constant currency &ndash;Note 2.1.5. to the consolidated financial statements)</B></P><P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>(Translation of Financial statements originally issued in Spanish &ndash; See Note 55 to the consolidated financial statements)</B></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="12" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>CONSOLIDATED CASH FLOW STRUCTURE COMPARATIVE</B></FONT></TD></TR>
  <TR>
    <TD COLSPAN="12" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>&nbsp;WITH THE SAME PERIODS OF PREVIOUS FISCAL YEARS</B></FONT></TD></TR>
  <TR>
    <TD COLSPAN="12" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146">(Amounts stated in thousands of Argentine pesos in constant currency &#8211;Note 2.1.5.)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="7">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 49%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 9%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 9%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 9%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 9%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 9%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>12.31.23</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; background-color: white; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>12.31.22</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; background-color: white">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; background-color: white; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>12.31.21</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; background-color: white; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>12.31.20</B></FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">Total cash flows generated by/(used in) operating activities</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">2,589,698,920</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">1,309,825,026</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">766,655,594</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">1,541,699,687</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(269,391,396)</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">Total cash flows used in investing activities</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(162,395,703)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(93,627,578)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(184,130,643)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(99,038,618)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(47,400,868)</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 6pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">Total cash flows generated by/(used in) financing activities</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">124,391,616</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(57,614,778)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(57,628,494)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(70,903,603)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(141,680,445)</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">Effect of exchange rate changes</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(541,852,227)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">1,247,476,057</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">8,219,631</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(304,266,588)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">208,704,559</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">Effect of net monetary income/(loss) of cash and cash equivalents</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(1,674,877,900)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(1,926,374,406)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(1,408,077,507)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(1,216,100,313)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt">(958,992,569)</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>Total cash (used in)/generated during the year</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>334,964,706</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>479,684,321</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>(874,961,419)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>(148,609,435)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 6pt; color: #072146"><B>(1,208,760,719)</B></FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="10" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>STATISTICAL DATA COMPARATIVE</B></FONT></TD></TR>
  <TR>
    <TD COLSPAN="10" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>&nbsp;WITH THE SAME PERIODS OF PREVIOUS FISCAL YEARS</B></FONT></TD></TR>
  <TR>
    <TD COLSPAN="10" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146">(Variation of balances over the previous fiscal year)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 31%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 15%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 15%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 15%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 15%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.24 / </B></FONT><FONT STYLE="font-family: BBVA Benton Sans Book"><BR>
<FONT STYLE="font-size: 7pt; color: #072146"><B>12.31.23</B></FONT></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.23 / </B></FONT><FONT STYLE="font-family: BBVA Benton Sans Book"><BR>
<FONT STYLE="font-size: 7pt; color: #072146"><B>12.31.22</B></FONT></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.22 / </B></FONT><FONT STYLE="font-family: BBVA Benton Sans Book"><BR>
<FONT STYLE="font-size: 7pt; color: #072146"><B>12.31.21</B></FONT></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.21 / </B></FONT><FONT STYLE="font-family: BBVA Benton Sans Book"><BR>
<FONT STYLE="font-size: 7pt; color: #072146"><B>12.31.20</B></FONT></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 7pt/7pt BBVA Benton Sans Book; margin: 0"><B>Total loans </B></P>
    <P STYLE="font: 12pt/7pt BBVA Benton Sans Book; margin: 0">&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">75.24 %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(11.53) %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(2.88) %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(10.10) %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 7pt/7pt BBVA Benton Sans Book; margin: 0"><B>Total deposits </B></P>
    <P STYLE="font: 12pt/7pt BBVA Benton Sans Book; margin: 0">&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">25.29 %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(11.05) %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(4.78) %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">5.49 %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 7pt BBVA Benton Sans Book; margin: 0"><B>Income/(loss) </B></P>
    <P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(0.42) %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(8.58) %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">40.54 %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">27.11 %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt">
    <P STYLE="font: 7pt BBVA Benton Sans Book; margin: 0"><B>Shareholders' Equity </B></P>
    <P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(15.49) %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">24.99 %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">15.51 %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">3.83 %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 9pt/120% BBVA Benton Sans Book; margin: 0 0 0 21.3pt">&nbsp;</P>

<P STYLE="font: 9pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify"><I>&nbsp;</I></P>


<!-- Field: Page; Sequence: 239 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt BBVA Benton Sans Book; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;<IMG SRC="image_002.jpg" ALT=""></TD><TD STYLE="text-align: center; width: 34%; vertical-align: middle"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->238<!-- Field: /Sequence --> -</P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD COLSPAN="3"><P STYLE="font: 10pt/10pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>REPORTING SUMMARY FOR</B></P><P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>THE FISCAL YEAR ENDED DECEMBER 31, 2024</B></P><P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>(Amounts stated in thousands of Argentine pesos in constant currency &ndash;Note 2.1.5. to the consolidated financial statements)</B></P><P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: center; color: #072146"><B>(Translation of Financial statements originally issued in Spanish &ndash; See Note 55 to the consolidated financial statements)</B></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="9" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>RATIOS COMPARATIVE</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="9" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>&nbsp;WITH THE SAME PERIODS OF PREVIOUS FISCAL YEARS</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 35%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.24</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.23</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.22</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.21</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; text-align: center"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt; color: #072146"><B>12.31.20</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt"><B>Solvency (a)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">21.65 %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">30.30 %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">22.97 %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">18.74 %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">17.76 %</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt"><B>Liquidity(b)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">54.13 %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">91.25 %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">77.31 %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">76.37 %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">67.45 %</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt"><B>Tied-up capital(c)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">33.08 %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">27.65 %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">34.45 %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">35.69 %</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">36.08 %</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt"><B>Indebtedness (d)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">4.62</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">3.30</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">4.35</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">5.34</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-right: 0.75pt; text-align: right"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">5.63</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="11" STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(a) Shareholders&#8217; Equity/Liabilities.</FONT></TD></TR>
  <TR>
    <TD COLSPAN="11" STYLE="padding-right: 2.65pt; padding-left: 2.65pt; line-height: 7pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(b) Sum of cash and deposits in banks, debt securities at fair value through profit or loss (excluding private securities), net repo transactions and other debt securities/deposits.</FONT></TD></TR>
  <TR>
    <TD COLSPAN="11" STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(c) Sum of property and equipment, miscellaneous assets and intangible assets/Shareholders&#8217; Equity.</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD COLSPAN="11" STYLE="padding-right: 2.65pt; padding-left: 2.65pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 7pt">(d) Total liabilities/Shareholders' Equity.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>


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  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 9%"><IMG SRC="image_004.jpg" ALT=""></TD>
    <TD STYLE="width: 47%">
    <P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Pistrelli, Henry Martin y Asociados S.A.</P>
    <P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">25 de mayo 487 - C1002ABI</P>
    <P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Buenos Aires, Argentina</P></TD>
    <TD STYLE="width: 4%; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; color: gray; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 40%">
    <P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Tel: (54-11) 4318-1600/4311-6644</P>
    <P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Fax: (54-11) 4318-1777/4510-2220</P>
    <P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">ey.com</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; color: gray; layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>AUDIT REPORT ISSUED BY THE INDEPENDENT AUDITOR ON
THE CONSOLIDATED FINANCIAL STATEMENTS</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">To the Directors of</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>BANCO BBVA ARGENTINA S.A.</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">CUIT (Argentine tax identification number): 30-50000319-3</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Registered office: Av. C&oacute;rdoba 111</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><U>City of Buenos Aires</U></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>I. Report on the audit of the financial statements</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Opinion</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">1.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">We have audited the accompanying
consolidated financial statements of BANCO BBVA ARGENTINA S.A. (the &#8220;Bank&#8221;) and its subsidiaries, which comprise: (a) the
consolidated statement of financial position as of December 31, 2024; (b) the consolidated statements of income and other comprehensive
income, the changes in shareholders&#8217; equity, and cash flows for the fiscal year then ended, and (c) explanatory information on the
financial statements, which include the significant accounting policies, and other explanatory information included in the supplementary
notes and exhibits.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">In our opinion, the accompanying
financial statements present fairly, in all material respects, the financial position of BANCO BBVA ARGENTINAS.A. and its subsidiaries
as of December 31, 2024, as well as its comprehensive income, the changes in shareholder&acute;s equity and cash flows for the year then
ended, in accordance with the accounting information framework established by the Central Bank of Argentina (&#8220;BCRA&#8221;), as indicated
in the section &#8220;Responsibilities of the Bank&#8217;s Board of Directors and Management for the financial statements.&#8221;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Basis of the opinion</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">We have conducted our audit in
accordance with the auditing standards established in Technical Resolution No. 37 of the Argentine Federation of Professional Councils
of Economic Sciences (&#8220;FACPCE&#8221;) and with the &#8220;Minimum Standards for External Audits for Financial Institutions&#8221;
issued by the BCRA. Our responsibilities under those standards are described below in the section &#8220;Auditor&#8217;s responsibilities
on the audit of the financial statements.&#8221; We are independent from the Bank and we have complied with the other ethical responsibilities
in accordance with the Code of Ethics issued by the Professional Council of Economic Sciences of the City of Buenos Aires and Technical
Resolution No. 37 of the FACPCE. We believe that the judgmental evidence we have obtained is sufficient and appropriate to provide a basis
for our opinion.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="width: 9%"><IMG SRC="image_004.jpg" ALT=""></TD><TD STYLE="width: 47%"> <P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Pistrelli, Henry Martin y Asociados S.A.</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">25 de mayo 487 - C1002ABI</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Buenos Aires, Argentina</P></TD><TD STYLE="width: 4%; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; color: gray; layout-grid-mode: line">&nbsp;</TD><TD STYLE="width: 40%"> <P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Tel: (54-11) 4318-1600/4311-6644</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Fax: (54-11) 4318-1777/4510-2220</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">ey.com</P></TD></TR><TR STYLE="vertical-align: top"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD STYLE="font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; color: gray; layout-grid-mode: line">&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Emphasis on certain issues disclosed in the
financial statements </B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">4.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">We would like to draw attention
to the information contained in note 2 &#8220;Basis for the preparation of these financial statements and applicable accounting standards&#8221;,
in which the Bank quantifies the effects of the application of section 5.5. &#8220;Impairment in value&#8221; of International Financial
Reporting Standard (&#8220;IFRS&#8221;) 9 &#8220;Financial instruments&#8221; would have to financial assets that include exposures to
the public sector, which were temporarily excluded from such application by Communication &#8220;A&#8221; 6847 of the BCRA, which is explained
in such note.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify">This issue does not modify the opinion
expressed in paragraph 2, but it should be taken into account by the users who utilize the IFRS Accounting Standards issued by the IASB
(International Accounting Standard Board) for the interpretation of the financial statements mentioned in paragraph 1.</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">5.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">As further explained in Note
55. to the consolidated financial statements mentioned in paragraph 1., certain accounting practices used by the Bank to prepare the accompanying
financial statements conform with the financial reporting framework set forth by the BCRA but may not conform with the accounting principles
generally accepted in other countries.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Information other than the financial statements
and the related auditor&acute;s report (&#8220;Other information&#8221;)</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">6.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#8220;Other information&#8221;
comprises the information included in the Summary of events submitted to comply with CNV (Argentine Securities Commission) regulations,
and in the Board of Directors&#8217; Letter to the Shareholders. This information is not included in the financial statements and our
related auditor&acute;s report. The Board of Directors is responsible for the other information.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 14.2pt; text-align: justify">Our opinion on
the consolidated financial statements does not cover the other information and we do not express any form of conclusion that provides
a degree of assurance on it.</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 14.2pt; text-align: justify">In connection
with our audit of the consolidated financial statements, our responsibility is to read the other information and, in doing so, consider
whether the other information is significant inconsistency between the other information and the financial statements, or our knowledge
obtained by us in the audit, or whether for any other reason there appears to be a significant misstatement. If, based on the work we
have performed, we conclude that there is a significant misstatement of this other information, we are required to report it. We have
nothing to report in this regard.</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 242 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; color: gray; font: 5.5pt/6.5pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P><P STYLE="font: 5.5pt/6.5pt Arial, Helvetica, Sans-Serif; text-align: left; color: gray; margin: 0">A member firm of Ernst &amp; Young Global Limited</P></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="width: 9%"><IMG SRC="image_004.jpg" ALT=""></TD><TD STYLE="width: 47%"> <P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Pistrelli, Henry Martin y Asociados S.A.</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">25 de mayo 487 - C1002ABI</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Buenos Aires, Argentina</P></TD><TD STYLE="width: 4%; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; color: gray; layout-grid-mode: line">&nbsp;</TD><TD STYLE="width: 40%"> <P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Tel: (54-11) 4318-1600/4311-6644</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Fax: (54-11) 4318-1777/4510-2220</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">ey.com</P></TD></TR><TR STYLE="vertical-align: top"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD STYLE="font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; color: gray; layout-grid-mode: line">&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Other matters</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">7.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">We have issued separately an
audit report on the separate financial statements of BANCO BBVA ARGENTINA S.A. as of the same date and for the same period indicated in
paragraph 1. </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Responsibilities of the Bank&#8217;s Board
of Directors and Management for the financial statements</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">8.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Bank&#8217;s Board of Directors
and Management are responsible for the preparation and fair presentation of the consolidated financial statements in accordance with the
accounting reporting framework established by the BCRA which, as indicated in note 2 to the financial statements mentioned on paragraph
1, is based on IFRS Accounting Standards as issued by the IASB and adopted by the FACPCE, and subject to the temporary exceptions and
provisions established by the BCRA explained in such note. In addition, the Bank&#8217;s Board of Directors and Management are also responsible
for the internal control that they may deem necessary for the consolidated financial statements to be prepared free of material misstatements,
whether due to fraud or error. </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: -14.2pt">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 14.2pt; text-align: justify">In preparing
the consolidated financial statements, the Board of Directors and Management are also responsible for assessing the Bank&#8217;s ability
to continue as a going concern, disclosing, as the case may be, the matters related to this issue and using this basis of accounting unless
the Board either intends to liquidate the Bank or to cease operations, or has no realistic alternative but to do so.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify; background-color: white"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify; background-color: white"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Auditor&#8217;s responsibilities on the audit
of the financial statements</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Our objectives are to obtain
reasonable assurance about whether the consolidated financial statements as a whole are free from significant misstatement, whether due
to fraud or error, and to issue an auditor&acute;s report that includes our opinion. Reasonable assurance is a high degree of assurance
but is not a guarantee that an audit performed in accordance with FACPCE Technical Resolution No. 37 and with the &#8220;Minimum Standards
on External Audits&#8221; issued by the BCRA will always detect a material misstatement when it exists. Misstatements can arise from fraud
or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic
decisions of users taken based on the consolidated financial statements.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 243 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; color: gray; font: 5.5pt/6.5pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P><P STYLE="font: 5.5pt/6.5pt Arial, Helvetica, Sans-Serif; text-align: left; color: gray; margin: 0">A member firm of Ernst &amp; Young Global Limited</P></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="width: 9%"><IMG SRC="image_004.jpg" ALT=""></TD><TD STYLE="width: 47%"> <P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Pistrelli, Henry Martin y Asociados S.A.</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">25 de mayo 487 - C1002ABI</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Buenos Aires, Argentina</P></TD><TD STYLE="width: 4%; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; color: gray; layout-grid-mode: line">&nbsp;</TD><TD STYLE="width: 40%"> <P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Tel: (54-11) 4318-1600/4311-6644</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Fax: (54-11) 4318-1777/4510-2220</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">ey.com</P></TD></TR><TR STYLE="vertical-align: top"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD STYLE="font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; color: gray; layout-grid-mode: line">&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 14.2pt; text-align: justify">As part of the
audit performed in accordance with FACPCE TR No. 37 and the Minimum Standards on External Audits&#8221; issued by the BCRA, we applied
our professional judgment, and we maintain professional skepticism throughout the audit. We also:</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Identify and assess the risks
of material misstatement of the consolidated financial statements, whether due to fraud or error, design and perform audit procedures
responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of
not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion,
forgery, intentional omissions, misrepresentations, or the override of internal control. </FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/150% Lucida Sans; margin: 0 0 0 14.2pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Obtain an understanding of internal
control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of
expressing an opinion on the effectiveness of the Bank's internal control. </FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/150% Lucida Sans; margin: 0 0 0 14.2pt; text-align: justify; text-indent: -14.2pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Evaluate the appropriateness
of the accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors
and Management. </FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/150% Lucida Sans; margin: 0 0 0 14.2pt; text-align: justify; text-indent: -14.2pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Conclude on the appropriateness
of the Board&acute;s of Directors and Management's use of the going concern basis of accounting and, based on the audit evidence obtained,
whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Bank's ability to continue
as a going concern. If we conclude that there is a material uncertainty, we are required to draw attention in our audit report to the
information disclosed in the consolidated financial statements, or if those disclosures are not appropriate, to express a qualified opinion.
Our conclusions are based on the evidence obtained through the date of our audit report. However, future events or conditions may cause
the Bank to cease to continue as a going concern. </FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/150% Lucida Sans; margin: 0 0 0 14.2pt; text-align: justify; text-indent: -14.2pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Evaluate the overall presentation,
structure and content of the consolidated financial statements, including the disclosures, and whether the consolidated financial statements
represent the underlying transactions and events in a manner that achieves fair presentation. </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 71.3pt; text-indent: -14.3pt">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 71.3pt; text-indent: -14.3pt">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 71.3pt; text-indent: -14.3pt">&nbsp;</P>


<!-- Field: Page; Sequence: 244 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; color: gray; font: 5.5pt/6.5pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P><P STYLE="font: 5.5pt/6.5pt Arial, Helvetica, Sans-Serif; text-align: left; color: gray; margin: 0">A member firm of Ernst &amp; Young Global Limited</P></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="width: 9%"><IMG SRC="image_004.jpg" ALT=""></TD><TD STYLE="width: 47%"> <P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Pistrelli, Henry Martin y Asociados S.A.</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">25 de mayo 487 - C1002ABI</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Buenos Aires, Argentina</P></TD><TD STYLE="width: 4%; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; color: gray; layout-grid-mode: line">&nbsp;</TD><TD STYLE="width: 40%"> <P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Tel: (54-11) 4318-1600/4311-6644</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Fax: (54-11) 4318-1777/4510-2220</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">ey.com</P></TD></TR><TR STYLE="vertical-align: top"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD STYLE="font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; color: gray; layout-grid-mode: line">&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Obtain sufficient and appropriate
audit evidence relating to the financial information of the entities and business activities within the Bank to express an opinion on
the consolidated financial statements. We are responsible for managing, supervising and conducting the audit of the consolidated financial
statements. We are solely responsible for our audit opinion.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 7.1pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 14.2pt; text-align: justify">We communicate
with the Board of Directors and Management regarding, among other matters, the planned scope and timing of the audit and significant audit
findings, including any significant deficiencies in internal control that we identify during our audit.</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 7.1pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>II. Report on other legal and regulatory requirements</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 14.2pt; text-align: justify">In compliance
with current requirements, we further report that:</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 10.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">a)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The financial statements mentioned
in paragraph 1 are being transcribed to the Book of Balance Sheets for Publication of BANCO BBVA ARGENTINA S.A. and, in our opinion, have
been prepared, in all material respects, in conformity with the applicable provisions of Argentine General Business Associations Law,
and with CNV regulations.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 10.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">b)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The separate financial statements
of BANCO BBVA ARGENTINA as of December 31, 2024, are being transcribed to the Book of Balance Sheets for Publication and result from books
kept, in their formal respects, in conformity with current regulations as mentioned in note 2.7. to the consolidated financial statements,
and under the conditions established in CNV Resolution No. DI-2021-6-APN-GRC#CNV dated February 25, 2021.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 3.95pt 0 14.2pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 10.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">c)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">As of December 31, 2024, liabilities
accrued in employer and employee contributions to the Integrated Pension Fund System resulting from the Bank&#8217;s accounting books
amounted to ARS 5,975,193,358, none of which was due and payable as of that date.</FONT></TD></TR></TABLE>

<P STYLE="font: 6pt/150% Arial, Helvetica, Sans-Serif; margin: 0 3.95pt 0 14.2pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 6pt/150% Arial, Helvetica, Sans-Serif; margin: 0 3.95pt 0 14.2pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 10.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">d)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">As stated in note 48 to the consolidated
financial statements as of such date, the Bank carries shareholders&#8217; equity and a contra account to eligible assets that exceed
the minimum amounts required by relevant CNV regulations for these items as of December 31, 2024.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>


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    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; color: gray; font: 5.5pt/6.5pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P><P STYLE="font: 5.5pt/6.5pt Arial, Helvetica, Sans-Serif; text-align: left; color: gray; margin: 0">A member firm of Ernst &amp; Young Global Limited</P></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="width: 9%"><IMG SRC="image_004.jpg" ALT=""></TD><TD STYLE="width: 47%"> <P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Pistrelli, Henry Martin y Asociados S.A.</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">25 de mayo 487 - C1002ABI</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Buenos Aires, Argentina</P></TD><TD STYLE="width: 4%; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; color: gray; layout-grid-mode: line">&nbsp;</TD><TD STYLE="width: 40%"> <P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Tel: (54-11) 4318-1600/4311-6644</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Fax: (54-11) 4318-1777/4510-2220</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">ey.com</P></TD></TR><TR STYLE="vertical-align: top"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD STYLE="font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; color: gray; layout-grid-mode: line">&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 10.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">e)</FONT></TD><TD STYLE="text-align: justify; padding-right: 3.95pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">During
the fiscal year ended December 31, 2024, we billed fees for audit services provided to BANCO BBVA ARGENTINA S.A., representing 95.9% of
the total amount billed to the Bank on any and all accounts, We also report that such fees represent 67.9% of the total audit fees and
64.2% of the total amount on any and all accounts, both billed to the Bank and its related companies.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">City of Buenos Aires</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify">March 5, 2025</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%; padding-right: 5.4pt; padding-left: 5.4pt; font: 9.5pt Arial, Helvetica, Sans-Serif; text-align: center"><FONT STYLE="font-size: 10pt">PISTRELLI, HENRY MARTIN Y ASOCIADOS S.A.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; layout-grid-mode: line">C.P.C.E.C.A.B.A. Vol. 1 - Fo. 13</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P>
    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P>
    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font: 9.5pt Arial, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">JAVIER J. HUICI</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font: 9.5pt Arial, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">Partner</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font: 9.5pt Arial, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">Certified Public Accountant (U.B.A.)</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font: 9.5pt Arial, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">C.P.C.E.C.A.B.A. Vol. 272 -&nbsp;&nbsp;Fo. 27</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/150% BBVA Benton Sans Book; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 12pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="width: 9%"><IMG SRC="image_004.jpg" ALT=""></TD><TD STYLE="width: 47%"> <P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Pistrelli, Henry Martin y Asociados S.A.</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">25 de mayo 487 - C1002ABI</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Buenos Aires, Argentina</P></TD><TD STYLE="width: 4%; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; color: gray; layout-grid-mode: line">&nbsp;</TD><TD STYLE="width: 40%"> <P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Tel: (54-11) 4318-1600/4311-6644</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Fax: (54-11) 4318-1777/4510-2220</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">ey.com</P></TD></TR><TR STYLE="vertical-align: top"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD STYLE="font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; color: gray; layout-grid-mode: line">&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>AUDIT REPORT ISSUED BY THE INDEPENDENT AUDITOR ON
THE SEPARATE FINANCIAL STATEMENTS</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">To the Directors of</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>BANCO BBVA ARGENTINA S.A.</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">CUIT (Argentine tax identification number): 30-50000319-3</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Registered office: Av. C&oacute;rdoba 111</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><U>City of Buenos Aires</U></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>I. Report on the audit of the financial statements</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Opinion</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 7.1pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">1.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">We have audited the accompanying
separate financial statements of BANCO BBVA ARGENTINA S.A. (the &#8220;Bank&#8221;), which comprise: (a) the separate statement of financial
position as of December 31, 2024; (b) the separate statements of income and other comprehensive income, changes in shareholders&#8217;
equity, and cash flows for the fiscal year then ended, and (c) explanatory information on the financial statements, which include the
significant accounting policies, and other explanatory information included in the supplementary notes and exhibits. </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 7.1pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">In our opinion, the accompanying
financial statements present fairly, in all material respects, the financial position of BANCO BBVA ARGENTINA S.A. as of December 31,
2024, as well as its comprehensive income, the changes in shareholders&acute; equity and cash flows for the year then ended, in accordance
with the accounting information framework established by the Central Bank of Argentina (&#8220;BCRA&#8221;), as indicated in the section
&#8220;Responsibilities of the Bank&#8217;s Board of Directors and Management for the financial statements.&#8221;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Basis of the opinion</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 7.1pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">We have conducted our audit in
accordance with the auditing standards established in Technical Resolution No. 37 of the Argentine Federation of Professional Councils
of Economic Sciences (&#8220;FACPCE&#8221;) and with the &#8220;Minimum Standards for External Audits for Financial Institutions&#8221;
issued by the BCRA. Our responsibilities under those standards are described below in the section &#8220;Auditor&#8217;s responsibilities
on the audit of the financial statements.&#8221; We are independent from the Bank and we have complied with the other ethical responsibilities
in accordance with the Code of Ethics issued by the Professional Council of Economic Sciences of the City of Buenos Aires and Technical
Resolution No. 37 of the FACPCE. We believe that the judgmental evidence we have obtained is sufficient and appropriate to provide a basis
for our opinion.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>


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    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; color: gray; font: 5.5pt/6.5pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P><P STYLE="font: 5.5pt/6.5pt Arial, Helvetica, Sans-Serif; text-align: left; color: gray; margin: 0">A member firm of Ernst &amp; Young Global Limited</P></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="width: 9%"><IMG SRC="image_004.jpg" ALT=""></TD><TD STYLE="width: 47%"> <P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Pistrelli, Henry Martin y Asociados S.A.</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">25 de mayo 487 - C1002ABI</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Buenos Aires, Argentina</P></TD><TD STYLE="width: 4%; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; color: gray; layout-grid-mode: line">&nbsp;</TD><TD STYLE="width: 40%"> <P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Tel: (54-11) 4318-1600/4311-6644</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Fax: (54-11) 4318-1777/4510-2220</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">ey.com</P></TD></TR><TR STYLE="vertical-align: top"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD STYLE="font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; color: gray; layout-grid-mode: line">&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Emphasis on certain issues disclosed in the
financial statements&#9;</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 7.1pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">4.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">We would like draw attention
to the information contained in note 2 &#8220;Basis for the preparation of these financial statements and applicable accounting standards&#8221;
in which the Bank quantifies the effects of the application of section 5.5. &#8220;Impairment in value&#8221; of International Financial
Reporting Standard (&#8220;IFRS&#8221;) 9 &#8220;Financial instruments&#8221; would have to financial assets that include exposures to
the public sector, which were temporarily excluded from such application by Communication &#8220;A&#8221; 6847 of the BCRA, which is explained
in such note.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify">This issue does not modify the opinion
expressed in paragraph 2, but it should be taken into account by the users who utilize the IFRS Accounting Standards issued by the IASB
(International Accounting Standard Board) for the interpretation of the financial statements mentioned in paragraph 1.</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 7.1pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">5.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">As further explained in Note
41. to the separate financial statements mentioned in paragraph 1., certain accounting practices used by the Bank to prepare the accompanying
financial statements conform with the financial reporting framework set forth by the BCRA but may not conform with the accounting principles
generally accepted in other countries.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Information other than the financial statements
and the related auditor&acute;s report (&#8220;Other information&#8221;)</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 7.1pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">6.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#8220;Other information&#8221;
comprises the information included in in the Board of Directors&#8217; Letter to the Shareholders. This information is not included in
the financial statements and our related auditor&acute;s report. The Board of Directors is responsible for the other information.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify">Our opinion
on the separate financial statements does not cover the other information and we do not express any form of conclusion that provides a
degree of assurance on it.</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify">In connection
with our audit of the separate financial statements, our responsibility is to read the other information and, in doing so, consider whether
the other information is significant inconsistency between the other information and the financial statements, or our knowledge obtained
by us in the audit, or whether for any other reason there appears to be a significant misstatement. If, based on the work we have performed,
we conclude, within our competence, that there is a significant misstatement in other information, we are required to report it. We have
nothing to report in this regard.</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="width: 9%"><IMG SRC="image_004.jpg" ALT=""></TD><TD STYLE="width: 47%"> <P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Pistrelli, Henry Martin y Asociados S.A.</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">25 de mayo 487 - C1002ABI</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Buenos Aires, Argentina</P></TD><TD STYLE="width: 4%; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; color: gray; layout-grid-mode: line">&nbsp;</TD><TD STYLE="width: 40%"> <P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Tel: (54-11) 4318-1600/4311-6644</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Fax: (54-11) 4318-1777/4510-2220</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">ey.com</P></TD></TR><TR STYLE="vertical-align: top"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD STYLE="font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; color: gray; layout-grid-mode: line">&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Other matters</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 7.1pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">7.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">We issued separately an audit
report on the consolidated financial statements of BANCO BBVA ARGENTINA S.A. and its subsidiaries as of that same date and for the same
period mentioned in paragraph 1. </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Responsibilities of the Bank&#8217;s Board
of Directors and Management for the financial statements</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 7.1pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">8.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Bank&#8217;s Board of Directors
and Management are responsible for the preparation and fair presentation of the separate financial statements in accordance with the accounting
reporting framework established by the BCRA which, as indicated in note 2 to the financial statements mentioned on paragraph 1, is based
on IFRS Accounting Standards as issued by the IASB and adopted by the FACPCE, and subject to the temporary exceptions and provisions established
by the BCRA explained in such note. In addition, the Bank&#8217;s Board of Directors and Management are also responsible for the internal
control that they may deem necessary for the separate financial statements to be prepared free of material misstatements, whether due
to fraud or error. </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify">In preparing
the separate financial statements, the Board of Directors and Management are also responsible for assessing the Bank&#8217;s ability to
continue as a going concern, disclosing, as the case may be, the matters related to this issue and using this basis of accounting unless
the Board either intends to liquidate the Bank or to cease operations, or has no realistic alternative but to do so.</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Auditor&#8217;s responsibilities on the audit
of the financial statements</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 7.1pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Our objectives are to obtain
reasonable assurance about whether the separate financial statements as a whole are free from significant misstatement, whether due to
fraud or error, and to issue an auditor&acute;s report that includes our opinion. Reasonable assurance is a high degree of assurance but
is not a guarantee that an audit performed in accordance with FACPCE Technical Resolution No. 37 and with the &#8220;Minimum Standards
on External Audits&#8221; issued by the BCRA will always detect a material misstatement when it exists. Misstatements can arise from fraud
or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic
decisions of users taken based on the separate financial statements.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify">As part of an
audit performed in accordance with FACPCE Technical Resolution No. 37 and the &#8220;Minimum Standards on External Audits&#8221; issued
by the BCRA, we applied our professional judgment, and we maintain professional skepticism throughout the audit. We also:</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>


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    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; color: gray; font: 5.5pt/6.5pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P><P STYLE="font: 5.5pt/6.5pt Arial, Helvetica, Sans-Serif; text-align: left; color: gray; margin: 0">A member firm of Ernst &amp; Young Global Limited</P></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="width: 9%"><IMG SRC="image_004.jpg" ALT=""></TD><TD STYLE="width: 47%"> <P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Pistrelli, Henry Martin y Asociados S.A.</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">25 de mayo 487 - C1002ABI</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Buenos Aires, Argentina</P></TD><TD STYLE="width: 4%; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; color: gray; layout-grid-mode: line">&nbsp;</TD><TD STYLE="width: 40%"> <P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Tel: (54-11) 4318-1600/4311-6644</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Fax: (54-11) 4318-1777/4510-2220</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">ey.com</P></TD></TR><TR STYLE="vertical-align: top"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD STYLE="font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; color: gray; layout-grid-mode: line">&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Identify and assess the risks
of material misstatement of the separate financial statements, whether due to fraud or error, design and perform audit procedures responsive
to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting
a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional
omissions, misrepresentations, or the override of internal control. </FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/150% Lucida Sans; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Obtain an understanding of internal
control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of
expressing an opinion on the effectiveness of the Bank's internal control. </FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/150% Lucida Sans; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Evaluate the appropriateness
of the accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors
and Management. </FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/150% Lucida Sans; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Conclude on the appropriateness
of the Board&acute;s of Directors and Management's use of the going concern basis of accounting and, based on the audit evidence obtained,
whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Bank's ability to continue
as a going concern. If we conclude that there is a material uncertainty, we are required to draw attention in our audit report to the
information disclosed in the separate financial statements, or if those disclosures are not appropriate, to express a qualified opinion.
Our conclusions are based on the evidence obtained through the date of our audit report. However, future events or conditions may cause
the Bank to cease to continue as a going concern. </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Evaluate the overall presentation,
structure and content of the separate financial statements, including the disclosures, and whether the separate financial statements represent
the underlying transactions and events in a manner that achieves fair presentation. </FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/150% Lucida Sans; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify">We communicate
with the Board of Directors and Management regarding, among other matters, the planned scope and timing of the audit and significant audit
findings, including any significant deficiencies in internal control that we identify during our audit.</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>II. Report on other legal and regulatory requirements</B></P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-right: 0; margin-bottom: 0; text-align: left">In compliance
with current requirements, we further report that:</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 7.1pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 7.1pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 7.1pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 7.1pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 7.1pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>


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    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; color: gray; font: 5.5pt/6.5pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P><P STYLE="font: 5.5pt/6.5pt Arial, Helvetica, Sans-Serif; text-align: left; color: gray; margin: 0">A member firm of Ernst &amp; Young Global Limited</P></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="width: 9%"><IMG SRC="image_004.jpg" ALT=""></TD><TD STYLE="width: 47%"> <P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Pistrelli, Henry Martin y Asociados S.A.</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">25 de mayo 487 - C1002ABI</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Buenos Aires, Argentina</P></TD><TD STYLE="width: 4%; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; color: gray; layout-grid-mode: line">&nbsp;</TD><TD STYLE="width: 40%"> <P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Tel: (54-11) 4318-1600/4311-6644</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">Fax: (54-11) 4318-1777/4510-2220</P><P STYLE="color: gray; font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; margin: 0">ey.com</P></TD></TR><TR STYLE="vertical-align: top"><TD>&nbsp;</TD><TD>&nbsp;</TD><TD STYLE="font: 7.5pt/8.5pt Arial, Helvetica, Sans-Serif; color: gray; layout-grid-mode: line">&nbsp;</TD><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 10.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">a)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">In our opinion, the financial
statements mentioned in paragraph 1 were prepared, in all material respects, in conformity with the applicable provisions of Argentine
General Business Associations Law and with CNV (Argentine Securities Commission) regulations.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 3.95pt 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 10.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">b)</FONT></TD><TD STYLE="text-align: justify; padding-right: 3.95pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The separate
financial statements mentioned in paragraph 1 are being transcribed to the Book of Balance Sheets for Publication and result from books
kept, in their formal respects, in conformity with current regulations as mentioned in note 2.7. to the consolidated financial statements,
and under the conditions established in CNV Resolution No. DI-2021-6-APN-GRC#CNV dated February 25, 2021. </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 3.95pt 0 28.35pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 10.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">c)</FONT></TD><TD STYLE="text-align: justify; padding-right: 3.95pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">As of
December 31, 2024, liabilities accrued in employer and employee contributions to the Integrated Pension Fund System resulting from the
Bank&#8217;s accounting books amounted to ARS 5,975,193,358, none of which was due and payable as of that date.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/150% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 10.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">d)</FONT></TD><TD STYLE="text-align: justify; padding-right: 3.95pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">As stated
in note 48 to the consolidated financial statements as of such date, the Bank carries shareholders&#8217; equity and a contra account
to eligible assets that exceed the minimum amounts required by relevant CNV regulations for these items as of December 31, 2024.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -14.3pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/150% Lucida Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 10.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">e)</FONT></TD><TD STYLE="text-align: justify; padding-right: 3.95pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">During
the fiscal year ended December 31, 2024, we billed fees for audit services provided to BANCO BBVA ARGENTINA S.A., representing 95.9% of
the total amount billed to the Bank on any and all accounts. We also report that such fees represent 67.9% of the total audit fees and
64.2% of the total amount on any and all accounts, both billed to the Bank and its related companies.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">City of Buenos Aires</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify">March 5, 2025</P>

<P STYLE="font: 10pt/150% Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%; padding-right: 5.4pt; padding-left: 28.35pt; font: 9.5pt Arial, Helvetica, Sans-Serif; text-align: center"><FONT STYLE="font-size: 10pt">PISTRELLI, HENRY MARTIN Y ASOCIADOS S.A.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 28.35pt; text-align: center; layout-grid-mode: line">C.P.C.E.C.A.B.A. Vol. 1 - Fo. 13</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: center">&nbsp;</P>
    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: center">&nbsp;</P>
    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: center">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font: 9.5pt Arial, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 28.35pt; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font: 9.5pt Arial, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 28.35pt; text-align: center"><FONT STYLE="font-size: 10pt">JAVIER J. HUICI</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font: 9.5pt Arial, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 28.35pt; text-align: center"><FONT STYLE="font-size: 10pt">Partner</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font: 9.5pt Arial, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 28.35pt; text-align: center"><FONT STYLE="font-size: 10pt">Certified Public Accountant (U.B.A.)</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font: 9.5pt Arial, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 28.35pt; text-align: center"><FONT STYLE="font-size: 10pt">C.P.C.E.C.A.B.A. Vol. 272 -&nbsp;&nbsp;Fo. 27</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0">&nbsp;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 10pt/10pt BBVA Benton Sans Book; margin: 0; text-align: center"><B><U>SUPERVISORY COMMITTEE&#8217;S REPORT</U></B></P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: justify">To the Shareholders of</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify"><B>Banco BBVA Argentina S.A.</B></P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: justify">Registered address: Av. C&oacute;rdoba 111</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: justify"><U>City of Buenos Aires</U></P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: justify">In our capacity as members of the Supervisory Committee
of <B>BANCO BBVA ARGENTINA S.A. </B>(hereinafter, either &#8220;BBVA&#8221; or the &#8220;Entity&#8221;) designated at the Annual and
Extraordinary Shareholders&#8217; Meeting held on April 26, 2024, and in compliance with the terms of Section 294 of the Argentine Companies
Law No. 19.550, we have reviewed the financial statements for the fiscal year ended December 31, 2024 comparatively presented, the statement
of financial position, the consolidated statements of income, other comprehensive income, changes in shareholders' equity and the consolidated
statement of cash flows for the year then ended, and certain exhibits and notes thereto.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: justify">In addition, we have analyzed the following separate
statements: of financial position, of income, of other comprehensive income, of changes in shareholders&#8217; equity and of cash flows
for the fiscal year then ended, and certain exhibits and notes.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: justify">The Entity is responsible for the preparation and presentation
of the above-mentioned financial statements in accordance with the accounting standards applicable to financial institutions established
by the Argentine Central Bank (BCRA), as well as for the design, implementation and maintenance of such internal control as the Entity
might deem appropriate to prepare its financial statements free from material misstatements.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B>I.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B><U>DOCUMENTS SUBJECT TO EXAMINATION</U></B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>


<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/120% BBVA Benton Sans Book; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 15pt; text-align: right">i.</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify">Financial statements for the fiscal year ended on December 31, 2024, presented on a comparative
basis.</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 15pt; text-align: right">ii.</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify">Consolidated Statement of Financial Position</TD>
</TR></TABLE>


<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/120% BBVA Benton Sans Book; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 15pt; text-align: right">iii.</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify">Consolidated Statement of Income</TD>
</TR></TABLE>


<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/120% BBVA Benton Sans Book; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 15pt; text-align: right">iv.</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify">Consolidated Statement of Other Comprehensive Income</TD>
</TR></TABLE>


<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/120% BBVA Benton Sans Book; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 15pt; text-align: right">v.</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify">Consolidated Statement of Changes in Shareholders' Equity.</TD>
</TR></TABLE>


<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/120% BBVA Benton Sans Book; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 15pt; text-align: right">vi.</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify">Consolidated Statement of Cash Flows.</TD>
</TR></TABLE>


<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/120% BBVA Benton Sans Book; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 15pt; text-align: right">vii.</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify">Notes.</TD>
</TR></TABLE>


<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/120% BBVA Benton Sans Book; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 15pt; text-align: right">viii.</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify">Exhibits</TD>
</TR></TABLE>


<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 15pt; text-align: right">ix.</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify">Separate Statement of Financial Position.</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/120% BBVA Benton Sans Book; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 15pt; text-align: right">x.</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify">Separate Statement of Income</TD>
</TR></TABLE>


<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/120% BBVA Benton Sans Book; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 15pt; text-align: right">xi.</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify">Separate Statement of Other Comprehensive Income.</TD>
</TR></TABLE>


<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/120% BBVA Benton Sans Book; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 15pt; text-align: right">xii.</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify">Separate Statement of Changes in Shareholders' Equity.</TD>
</TR></TABLE>


<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/120% BBVA Benton Sans Book; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 15pt; text-align: right">xiii.</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify">Separate Statement of Cash Flows.</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/120% BBVA Benton Sans Book; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 15pt; text-align: right">xiv.</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify">Notes.</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/120% BBVA Benton Sans Book; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 15pt; text-align: right">xv.</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify">Exhibits</TD>
</TR></TABLE>


<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B>II.</B></FONT></TD><TD><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B><U>SCOPE OF OUR EXAMINATION</U></B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: justify">We performed our examination in accordance with the standards
on statutory audit in force. Such standards require that we examine the financial statements referred to in paragraph I in accordance
with applicable generally accepted accounting principles in Argentina, and that we verify the consistency of the documents subject to
review with the information on corporate decisions disclosed in minutes, and the compliance of such decisions with the Law and the corporate
by-laws in all formal and documentary aspects.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: justify">In conducting our examination of the documents detailed
in paragraph I, we have considered the work performed by the external auditors PISTRELLI, HENRY MARTIN Y ASOCIADOS S.A., who issued their
auditor reports on March 5, 2025 including an unqualified opinion and an emphasis of matter paragraph concerning certain issues disclosed
in the financial statements, which are described in paragraph III of this report.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: justify">An audit entails performing procedures on a selective
basis to obtain audit evidence about the disclosures included in the financial statements. The selected procedures depend on the professional
judgment, including the assessment of the risk of material misstatements in the financial statements.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: justify">In performing such risk assessment, we have considered
the Entity's existing internal control on the preparation and presentation of the financial statements in order to select the appropriate
auditing procedures in light of the circumstances, but not in order to render an opinion on the effectiveness of such internal control.
An audit also involves assessing the accounting criteria used by the Entity, the material estimates made by the Board of Directors, and
the overall presentation of the financial statements.</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: justify">Therefore, we consider that valid and sufficient judgment
elements are obtained in order to support our professional opinion.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B>III.</B></FONT></TD><TD><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B><U>EMPHASIS MATTER</U></B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: justify">In Note 2 to the consolidated and separate financial
statements, &#8220;Basis for the preparation of these Financial Statements and applicable accounting standards, where the Bank quantifies
the effects of the application of section 5.5 &#8220;Impairment&#8221; of IFRS 9 &#8220;Financial instruments&#8221; to financial assets
that comprise exposures to the public sector, which were temporarily excluded from such application through BCRA Communication &#8220;A&#8221;
6847, which are explained in the note.</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: justify">These matters do not change the opinion expressed but
they should be taken into account by those who use IFRS for the interpretation of the financial statements indicated in paragraph 1.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B>IV.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B><U>OPINION</U></B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: justify">We have examined the Entity's consolidated and separate
financial statements as of December 31, 2024 and, in our opinion, the accompanying financial statements present fairly, in all material
aspects, the financial position of BBVA Argentina S.A. as of December 31, 2024, as well as their profits and losses, changes in shareholders'
equity, and cash flows for the fiscal year then ended in accordance with the financial reporting framework established by the BCRA which
is described in note 2 to such financial statements.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/120% Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B>V.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: BBVA Benton Sans Book; font-size: 10pt"><B><U>INFORMATION REQUIRED BY APPLICABLE
PROVISIONS</U></B></FONT></TD></TR></TABLE>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify; text-indent: -3.25pt">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: justify">We hereby report that the figures disclosed in the accompanying
financial statements arise from the Entity's financial records which have been kept, in all formal aspects, in accordance with applicable
legal and regulatory standards. Furthermore, the financial statements are pending transcription into the Financial Statements for Reporting
Purposes book, and considering what was mentioned in Note 2.7 to the consolidated financial statements, they arise from accounting records
kept, in all formal aspects, in accordance with the laws in force and the conditions set forth in Resolution No. DI-2021-6-APN-GRC#CNV
of the CNV dated February 25, 2021.</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: justify">We further represent that, during the reporting year,
we have carried out all duties, to the extent applicable, set forth in Section 294 of Law No. 19550, including attending Board of Directors'
meetings.</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: justify">We have also reviewed the directors&#8217; compliance
with performance bonds and they are conforming to the provisions of General Resolution No. 15/204 of the Argentine Superintendence of
Corporations (IGJ).</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: justify">We further represent that any member of this Supervisory
Committee is individually authorized to sign, on behalf of such committee, all documents referred to in the first paragraph herein and
all copies of this report.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: justify">City of Buenos Aires, March 5, 2025.</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: center">GONZALO J. VIDAL DEVOTO</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: center; text-indent: 0.25in">ATTORNEY-AT-LAW</P>

<P STYLE="font: 10pt/120% BBVA Benton Sans Book; margin: 0; text-align: center">C.P.A.C.F. Volume&deg;97- Page&deg; 910</P>

<P STYLE="font: 10pt/12pt BBVA Benton Sans Book; margin: 0; text-align: center">FOR THE SUPERVISORY COMMITTEE</P>

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