Slides
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BBVA Argentina September 2026 2Q26 Corporate Presentation
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p. 1 Index 1. About BBVA Argentina 2. Macro Outlook & Financial System 3. 2Q26 Balance Sheet a. Loans b. Deposits c. Capital 4. 2Q26 Financial Results a. Profitability Indicators b. Net Interest Income & NIM c. Net Fee Income d. Operating Expenses e. Credit Quality 5. Non Financial Indicators 6. Appendix
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BBVA Argentina Corporate Presentation p. 2 BBVA Argentina Value Proposition “Support your drive to go further” BBVA Argentina is a subsidiary of the BBVA Group. In Argentina, it is one of the leading private financial institutions since 1886. BBVA Argentina offers retail and corporate banking to a broad customer base, including: individuals, SME’s, and large-sized companies. Our Competitive Edge 1. Strong consumer franchise 2. Management committed to growth 3. Backed by BBVA Group expertise 4. JV Partnerships give us a strong presence in the auto loan marketCustomer comes first We think big We are one team Our Values Our Purpose
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BBVA Argentina Corporate Presentation p. 3 BBVA Argentina at a Glance 2Q26 Employees* 6,493 Branches 223 ATMs & ATSs 1,669 DIGITAL Digital +2.4m Mobile +2.2m Units 93% DIGITAL SALESCUSTOMERS TOTAL ACTIVE CUSTOMERS1 Retail +3.5 m SMEs CIB +143 k +980 PHYSICAL STRUCTURE 2Q26 Quarterly Financial Indicators AR$ 28.1 tn TOTAL ASSETS CAPITAL RATIO 18.8% 45.0% EFFICIENCY 6.09% NPL Ratio 79.9% COVERAGE 1.8% ROA 12.2% ROE 7.13% COST OF RISK As of 1Q20, the Bank started to inform its inflation adjusted results pursuant to IAS 29 reporting. To facilitate comparison,figures of comparable quarters of 2025 and 2026 have been updated according to IAS 29 reporting to reflect the accumulated effect of inflation adjustment for each period up to June 30 2026. Total active employees at the end of the period, includes effective and temporary employees. Excludes expatriates. 1. Active customers: holders of at least one active product. Subgroup of total clients that meet the conditions of being an account holder with an average business volume above $0 in the last 3 months. Does not include joint-account holders. Stage 3 arrear clients are excluded. CIB includes mutual fund clients. SMEs includes self-employed. The concepts of “active customers” has been revised due to the transition to a new data source.2 PRV: Product Relative value for the Retail Segment, used as a proxy for economic value. Transactions (units) are weighted by a simplified NPV calculated for each product category in order to weight their contribution to the digital sales. Figures have been restated in order to include credit card related financing solutions and FX Due to a change in calculation processes, historic values of digital sales in units and PRV have been updated. LIQUIDITY 47.3% Private Deposits Market Share 9.91% Private Loans Market Share 12.00% AR$ 131.6 bn 2Q26 Net Income 1H26 Net income AR$ 222.6 bn
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BBVA Argentina Corporate Presentation p. 4 612.7 million shares LATIBEX represents 0.06% of total shares. ANSES: Administración Nacional de la Seguridad Social or National Social Security Agency. Replacement of the pension and retirement fund system: in 2008 all resources formerly managed by the private pension and retirement system, including meaningful holdings in public companies were transferred to the Sustainability Guarantee Fund (Fondo de Garantía de Sustentabilidad). 1 ADR = 3 ordinary shares Free Float 25.47% Equity Ownership & Stakes in Subsidiaries 2Q26 BBVA Asset Management Argentina S.A.U. S.G.F.C.I. PSA Finance Argentina Compañía Financiera S.A. Volkswagen Financial Services Compañía Financiera S.A Consolidar AFJP (undergoing liquidation proceedings) Rombo Compañía Financiera S.A. BBVA Seguros Argentina S.A. Subsidiaries JVs Associates Equity Ownership 100% 50.000% 51.000% 53.889% 40.000% 12.220% Interbanking S.A. 11.110% Play Digital S.A. 11.570% Openpay Argentina S.A. 12.510% FCA Compañía Financiera S.A. 50.000% BBVA Securities Argentina S.A.U. 100%
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Macro Outlook & Financial System
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BBVA Argentina Corporate Presentation p. 6 Source: Ministry of Economy and INDEC. Source: BBVA Research, INDEC and Ministry of Economy. Inflation 2007-2026 (BBVA Research forecast) % YoY Primary fiscal balance % of GDP The economic plan is cemented in austerity's bedrock: a commitment to surplus above all else. The disinflationary process is deepening and we could have inflation below 30% in 2026. This lower price uncertainty should provide better ground for investment and credit growth. Fiscal equilibrium remains the cornerstone of the economic program, supporting further inflation deceleration
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BBVA Argentina Corporate Presentation p. 7 Source: INDEC and BBVA Research. Gross Domestic Product Constant 2004 ARS billion; s.a. Source: INDEC and BBVA Research. Economic Activity: heterogeneity across sectors Nov’23 = 100 GDP growth is expected to average 3% y/y, but significant sectoral heterogeneity persists
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BBVA Argentina Corporate Presentation p. 8 Export growth potential is materializing, while government approval ratings remain high despite declining in 2026 Argentina’s exports perspectives: Oil & Gas and Mining USD bn Trust in Government index Historical avg. = 100 Source: BCRA, Ministry of Economy and BBVA Research. Source: UTDT and BBVA Research.
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BBVA Argentina Corporate Presentation p. 9 Source: INDEC and BBVA Research. Real wages and employment creation still lagging in a context of productive transition Unemployment and informal employment % of EAP and % of employment Source: INDEC and BBVA Research. Formal wages adjusted by inflation Nov-23 = 100
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BBVA Argentina Corporate Presentation p. 10 Source: IMF. Small financial system, with significant room for growth and concentration Size of financial systems in LATAM in 2024 % of GDP The qualitative leap in the level of credit would be fundamentally driven by mortgages and longer-term investment financing (both practically non-existent in Argentina during the 21st century). Source: World Bank. Concentration of assets of top 5 banks per country LatAm % of GDP
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BBVA Argentina Corporate Presentation p. 11 BBVA Argentina Includes PSA + Volkswagen + Rombo + FCA. BBVA Argentina Bank Only Loan market share: 10.45%. Source: “Informe de entidades financieras”, BCRA, May 2026. Last information available. Individual Banks. System data may be subject to changes as per Central Bank information updates. Private total Loans ( % Market Share, May-26) Private total Deposits (% Market Share, May-26) BBVA, a leading Bank in a very fragmented Financial System +200 bps +249 bps -102 bps +26 bps YoY Var% +223 bps +77 bps +6 bps -116 bps -85 bps YoY Var% -3 bps +107 bps +15 bps -25 bps +8 bps -5 bps +56 bps +6 bps -25 bps +6 bps +12 bps #3 #2 Private Banks #4 #3 Private Banks
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BBVA Argentina Corporate Presentation p. 12 Accelerated loan growth after years of stagnation, on a trend to normalization Source: BCRA capital balances as of the last day of each period, adjusted by inflation to the last reported period. Private Sector Loans Growth % YoY Real Terms Private Sector ARS Loans Growth % YoY Real Terms Private Sector USD Loans Growth % YoY Real Terms
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BBVA Argentina Corporate Presentation p. 13 Positive growth in spite of restrictive monetary policy Source: BCRA capital balances as of the last day of each period, adjusted by inflation to the last reported period. Private Sector Deposits Growth % YoY Real Terms Private Sector USD Deposits Growth % YoY Real Terms Private Sector ARS Deposits Growth % YoY Real Terms
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BBVA Argentina Corporate Presentation p. 14 BBVA Argentina sequentially gaining market share above peers Source: BCRA capital balances as of the last day of each period. Peer Group: SAN + GAL + BMA. Galicia includes bank + Naranj a X, and includes HSBC since June 2025. Banco Macro includes Itaú as of November 2024. BBVA loans include FCA as of 4Q25. PRIVATE LOANS MARKET SHARE % vs PEER GROUP June ´26 PRIVATE DEPOSITS MARKET SHARE % vs PEER GROUP June ´26 BBVA Argentina +367 bps Peer Group +65 bps BBVA Argentina +280 bps Peer Group +195 bps 5-yr Growth of Loan Market Share (Dec-25) 5-yr Growth of Deposit Market Share (Dec-25)
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BBVA Argentina Corporate Presentation p. 15 Robust liquidity and solvency, NPLs with short term challenges Source: BCRA “Informe sobre Bancos” as of June 2026. Last quarterly information available. Liquidity % NPL % Capital % (Capital Ratio 100% NI) Profitability %. Annual, accumulated
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BBVA Argentina Corporate Presentation p. 16 BBVA with smaller structure. Peers affected by merger transactions. *ISO 50001: International standard specifies the requirements for maintaining and improving an energy management system. ISO 14001: family of related to environmental management that exists to help organizations minimize how their operations negatively affect the environment, comply with applicable laws, regulations, and other environmentally oriented requirements. Updated annually. Source: “Informe de Entidades Financieras” as of Dec 2025. Information on G-3 (SAN, BMA & GAL. Excl. BBVA) from 1Q26 Earnings Releases . BBVA includes consolidated companies (145 employees). BBVA Argentina Branch network (# of branches) 32 199 branches + 4 Central Offices* branches + BBVA Tower BBVA Argentina Employees** (# of employees) Branches Employees*
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BBVA Argentina 2Q26 Balance Sheet
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BBVA Argentina Corporate Presentation p. 18 Balance Sheet Structure: debt securities increase as NPLs affect loan origination ASSETS (AR$ bn, INFLATION ADJUSTED) LIABILITIES & EQUITY (AR$ bn, INFLATION ADJUSTED) +9% *Private and Debt securities includes Financial assets pledged as collateral. +9% +2.5% +2.5%
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BBVA Argentina Corporate Presentation p. 19 Continued Growth, specially on USD commercial segment TOTAL PRIVATE LOAN PORTFOLIO (AR$ billions, INFLATION ADJUSTED) YoY +6% ARS +40% USD +2% MARKET SHARES BY CURRENCY (%) +13% PRIVATE LOANS MARKET SHARE* Based on daily information from BCRA. Capital balance as of last day of every quarter. System data may be subject to changes as per Central Bank information updates. Market share: Consolidates PSA, + VWFS + Rombo + FCA 2Q25 1Q26 2Q26 11.49% 12.00% 12.00%
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BBVA Argentina Corporate Presentation p. 20 Mix continues to focus on commercial segment Loans by segment (% OVER TOTAL PRIVATE LOANS) Other loans mainly include commercial loans in US Dollars. *Loans to personnel represent ~2% *Based on daily information from BCRA. Capital balance as of last day of each quarter. System data may be subject to changes as per Central Bank information updates. **Consolidates PSA, FCA, VWFS and Rombo. **FCA included since 4Q25 RETAIL (%) COMMERCIAL (%) 43% of private loans 57% of private loans AR$ 7.3 tn Market share by segment (%) AR$ 9.7 tn
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BBVA Argentina Corporate Presentation p. 21 Commercial Loans: still oriented towards working capital Commercial Loans by economic activity (% OVER TOTAL PRIVATE COMMERCIAL LOANS) Other loans mainly include commercial loans in US Dollars. Commercial Loans Breakdown (% OVER TOTAL PRIVATE COMMERCIAL LOANS) +3% +11% % of commercial loans, as of 2Q26
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BBVA Argentina Corporate Presentation p. 22 CONSUMER LOANS (AR$ billions, INFLATION ADJUSTED) CREDIT CARDS (AR$ billions, INFLATION ADJUSTED) CREDIT CARD FINANCING MARKET SHARE*CONSUMER LOANS MARKET SHARE* *Based on daily information from BCRA. Capital balance as of last day of every quarter. System data may be subject to changes as per Central Bank information updates. Loyalty Program Millas BBVA together with VIP and FastPass access -9% +3% -1%-4% 2Q25 1Q26 2Q26 7.65% 7.08% 6.99% 2Q25 1Q26 2Q26 12.48% 13.27% 13.52% Short-term transactional credit losing momentum amid rising delinquency and more prudent origination…
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BBVA Argentina Corporate Presentation p. 23 16% UVA 16% UVA PLEDGE LOANS MARKET SHARE* MORTGAGE LOANS MARKET SHARE* Re-launching of UVA mortgage loans June 15, 2024 Avg. LTV 70% LTV: Loan to Value ratio. *FX rate A 3500 as of June 30, 2026. Avg. Maturity 300 months (~25y) Avg. Loan ~USD 84.000* PLEDGE LOANS (CONSOLIDATED) (AR$ billions, INFLATION ADJUSTED) MORTGAGE LOANS (AR$ billions, INFLATION ADJUSTED) *Based on daily information from BCRA. Capital balance as of last day of every quarter. System data may be subject to changes as per Central Bank information updates. +153% -1% +60% +17% 16% UVA 99% UVA99% UVA 98% UVA 2Q25** 1Q26 2Q26 12.79% 19.30% 18.16% 2Q25 1Q26 2Q26 4.67% 4.77% 5.71% …while lower interest rates boost longer term collateralized loans.
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BBVA Argentina Corporate Presentation p. 24 Automotive sector: partnership with brands with exceptional profitability and delinquency levels B2C business: Asociación de Concesionarios de Automotores de la República Argentina/SIOMAA. *Does not include FCA for 2Q25 MARKET SHARE %* 2Q25 1Q26 2Q26 Units of Brand new cars 45.52% 63.42% 58.11% Units of Brand new + used cars 27.19% 41.64% 37.83% BBVA Argentina Auto-loan partnerships 2Q26 Market Share of Brand new & Used cars (in units) 2Q26 NPL (%) 2Q26 ROE (%) Avg. JVs NPL 2.16%
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BBVA Argentina Corporate Presentation p. 25 PRIVATE DEPOSITS MARKET SHARE* TOTAL PRIVATE DEPOSITS (AR$ billions, INFLATION ADJUSTED) Based on daily information from BCRA. Capital balance as of last day of every quarter. System data may be subject to changes as per Central Bank information updates. +8% +4% MARKET SHARES BY CURRENCY (%) 2Q25 1Q26 2Q26 9.65% 9.90% 9.91% Positive deposit growth YoY, in particular in US dollars +2% ARS +20% USD YoY
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BBVA Argentina Corporate Presentation p. 26 Time deposits in US dollars increase participation in line with US dollar loan growth Private deposit base in ARS UVA participation of time deposits is calculated over total time deposits and investment accounts **Other: Includes interest-bearing savings and checking accounts. TOTAL PRIVATE DEPOSIT BASE (%, INFLATION ADJUSTED) Private deposit base in Foreign Currency +8% 0,9% UVA 0,7% UVA 0,8% UVA
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BBVA Argentina Corporate Presentation p. 27 Source: BBVA internal information- As of June 30, 2026. Includes only capital balances, no interests accrued or to be accrued. Loans & Deposits in Pesos + UVA Loans & Deposits in USD Credit extending maturities through mortgage loans
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BBVA Argentina Corporate Presentation p. 28 Stable LtD Ratio, with short term impacts from lower loan origination due to high delinquency environment Loans-to-Deposits Ratio Loans & Securities (BCRA, Treasury and REPOs) / Assets *Securities includes Financial assets pledged as collateral. Ratio excludes JV´s total loans. *Source: “Informe sobre bancos”, BCRA, as of June 2026, last available information.
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BBVA Argentina Corporate Presentation p. 29 Liquid Assets at comfortable levels as a percentage of deposits TOTAL LIQUID ASSETS (%, INFLATION ADJUSTED) Overnight transactions with foreign banks represent less than 1% for all quarters. Negative net REPO transactions correspond s to financial assets pledged as collateral. TOTAL LIQUID ASSETS / DEPOSITS (BY CURRENCY) +7% 0% New Government takes office Fiscal Amnesty
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BBVA Argentina Corporate Presentation p. 30 % PUBLIC SECTOR EXPOSURE (EXCL. CENTRAL BANK) /TOTAL ASSETS PUBLIC SECTOR EXPOSURE (EXCL. CENTRAL BANK ) (AR$ billions, INFLATION ADJUSTED) Stable public sector exposure, focused on short term ARS floaters and dual TAMAR vs CPI-linked bonds *System source: “Informe sobre bancos”, BCRA, as of June 2026. BBVA: Annex A. Does not include instruments given as collater al. Equity instruments & Amortized cost represent less than 1%. 2Q26
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BBVA Argentina Corporate Presentation p. 31 RPC includes 100% of quarterly results Quarter affected by lower inflation, still well above minimum requirements Capital Ratio (%, INFLATION ADJUSTED) Risk Weighted Assets (ARS BILLIONS, INFLATION ADJUSTED) Capital Ratio YTD Evolution (accumulated) (%, INFLATION ADJUSTED) 11,5% 8% +7% +0.1% 2Q26 Capital Ratio
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BBVA Argentina 2Q26 Financial Results
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BBVA Argentina Corporate Presentation p. 33 2Q26 Profitability Indicators NET INCOME (AR$ billion, INFLATION ADJUSTED) ROE %ROA % +45% +14% ROE % BY YEAR
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BBVA Argentina Corporate Presentation p. 34 2Q26 Stronger earnings despite increasing loan loss allowances Operating expenses: Personnel benefits + Administrative expenses + Depreciation & Amortization + Other operating expenses Financial margin: Net income from financial instruments at FV through P&L + Net loss from write -down of assets at amortized cost and fair value through OCI + Foreign exchange and gold gains. 2Q26 Net Income Interest income impacted by a decrease in interest rates, offset by a reduced monetary position loss. Lower operating expenses with a positive impact on efficiency ratios Loan loss allowances remain high, although showing a moderate slowdown 2Q26 $ Var QoQ Var YoY Net Interest Income 912.2 bn -2.9% +15.4% Net Fee Income 178.9 bn -1.3% +42.5% Loan Loss Allowances 303.8 bn +16.2% +57.4% Operating Expenses 596.2 bn -5.0% -7.6% 1 3 2
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BBVA Argentina Corporate Presentation p. 35 Operating expenses: Personnel benefits + Administrative expenses + Depreciation & Amortization + Other operating expenses. Fi nancial margin: Net income from financial instruments at FV through P&L + Net loss from write - down of assets at amortized cost and fair value through OCI + Foreign exchange and gold gains. 1 3 2 Substantial improvement in net interest income driven by lower average funding rates, alongside higher fee income. Strong operating performance, showing a positive trend in the efficiency ratio. Loan loss allowances still at high levels concentrated in retail products with prudent origination. 1H26 $ Var YoY Net Interest Income 1.85 tn +18.9% Net Fee Income 360.2 bn +35.0% Loan Loss Allowances 565.2 bn +72.0% Operating Expenses 1.2 tn -1.7% Loss from net monetary position 410.0 bn +13.8% 1H26 strong NII and Fee income, with a year still marked by loan loss allowances 1H26 Net Income
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BBVA Argentina Corporate Presentation p. 36 Stability in NIMs and NII despite decreasing rates and lower inflation environment **Adjusted NIM: (Quarterly Net Interest Income - Net Monetary Position Results) / Average quarterly interest earning assets. Ad justed NII: Net interest income net of results from monetary position. Net Interest Income (net of monetary position result) and Adjusted NIM** (AR$ billion, INFLATION ADJUSTED) Quarterly reported NIM Evolution by currency (%, INFLATION ADJUSTED) Quarterly NIM & Adjusted NIM Evolution (%, INFLATION ADJUSTED) Accumulated Net Interest Income (net of monetary position result) and Annual Adjusted NIM** (AR$ billion, INFLATION ADJUSTED)
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BBVA Argentina Corporate Presentation p. 37 Positive yearly trend in fees thanks to active pricing management Quarterly Net Fee Income (AR$ billion, INFLATION ADJUSTED) Accumulated Net Fee Income (AR$ billion, INFLATION ADJUSTED) Fees-to-Expenses Ratio (Fees / Expenses) (%, INFLATION ADJUSTED) -1% +42%
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BBVA Argentina Corporate Presentation p. 38 Operating Expenses remain under control, supporting efficiency gains OPERATING EXPENSES (AR$ billion, INFLATION ADJUSTED) -5% Accumulated Yearly Operating Expenses (AR$ billion, INFLATION ADJUSTED) Efficiency Ratio (%,) -2%
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BBVA Argentina Corporate Presentation p. 39 One of the mildest deteriorations among peers and system, in spite of high delinquency on retail side NPL PEER GROUP & FINANCIAL SYSTEM Cost of Risk: Current period loan loss allowances / Total average loans. Total average loans calculated as the average between loans at prior period end, and total loans in the current period. Source: System from “Informe de Bancos”, BCRA, as of June 2026. Peers & BBVA : 2Q26 Earnings Releases. + 513 bps +810 bps +280 bps +423 bps +437 bps +381 bps +419 bps YoY Var. COST OF RISK (%, INFLATION ADJUSTED) NPL EVOLUTION BBVA vs. SYSTEM NPL & COVERAGE (%, consolidated) Coverage Total NPL Retail NPL Commercial NPL
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BBVA Argentina Corporate Presentation p. 40 ROE ROA NPL Source: Banks’ Earnings Releases as of 2Q26. Figures may not be comparable based on the calculation done by each bank. GGAL r efers to Grupo Financiero Galicia. BBVA not included in peer average. 2Q26 Peer comparison ROA Capital
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Non-financial indicators & business
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BBVA Argentina Corporate Presentation p. 42 Customer base mix optimization: Strong growth in high-value tiers and steady performance in SMEs TOTAL ACTIVE CUSTOMERS (in thousands) Active clients: holders of at least one active product. Subgroup of total clients that meet the conditions of being an accoun t holder with an average business volume above $0 in the last 3 months. Does not include joint -account holders. Stage 3 arrear clients are excluded. CIB includes mutual fund clients. SMEs includes self -employed. The concept of “active customers” h as been revised due to the transition to a new data source. SMEs includes entrepreneurs. 2Q26 RETAIL CLIENTS BY SEGMENT *Represents less than 1% +35% YoY +7% YoY -11% YoY SMEs CLIENT GROWTH (excludes Entrepreneurs) -7% +1% 93,4% total digital sales (in units)
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BBVA Argentina Corporate Presentation p. 43 Source: Cámara Argentina de Fondos Comunes de Inversión. June 2026. 20 employees 22 funds 133.247 fund holders MUTUAL FUNDS ASSETS IN BILLIONS, INFLATION ADJUSTED MUTUAL FUNDS MARKET SHARE NET INCOME IN MILLIONS, INFLATION ADJUSTED BBVA Asset Management Argentina: Cross-sell opportunities & room to grow +4% -6% 2Q25 1Q26 2Q26 5.16% 5.00% 4.50%
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BBVA Argentina Corporate Presentation p. 44 Digital Transformation Based on Global Strategy Argentine banks Payment solution app 6.0% share of active users* as of Dec’2025 As of December 2025. Updated on an annual basis. Stars Rating on Apple App Store Stars Rating on Google Play 4.7 4.6 *MODO active users who have done a transaction, payment or transfer during the last 30 days +1,5% unique users YoY as of December 2025. Updated on an annual basis. Collaborative development taking advantage of global synergy and gaining speed to market. #1 iOS #2 Android Total rating calculated as an average between Apple Store and Google Play 2025 Banking Apps Ranking +32% YoY growth in # of transfers corresponding to BBVA, above MODO’s System growth +55% YoY growth in transfers volume* through BBVA As of December 2025. Updated on an annual basis. Payments evolution (volume*) +96% Virtual assistant Azul now available on BBVA App BBVA Mobile App First class user experience *in nominal currency
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BBVA Argentina Corporate Presentation p. 45 Payment solutions & cross-sell opportunities +33% transactions +100% TPV** 2025 - 12 month accumulated *Clients having at least one transaction in the last 90 days. **Total Processing Volume As of December 2025. Updated on an annual basis. OpenPay Smart Smart terminal for accepting card and QR payments, offering agility in payment processing TiendaNube Integration with Tiendanube, the largest e-commerce platform in Latin America. Digital Onboarding since May-24 100% digital process of account registrations Regional presence Mexico, Colombia, Perú & Argentina No maintenance or registration merchant costs Allows access to BBVA discounts and promotions Payment aggregator that offers a full suite of payment solutions. SmartPOS QR mPos Payment link E-Commerce
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BBVA Argentina Corporate Presentation p. 46 Digital Transformation - Agritech AgroAdvisor AI-Driven Agronomic Intelligence With minimal input from the agricultural productor, we access to historical client data. Advanced analytics platform designed to provide agronomic and financial intelligence for agricultural plots in Argentina. Using AI-driven models, the tool offers a comprehensive view of a field’s historical use, productivity, and economic potential. Instant access to key crop and harvest information. Visual historic production Interactive maps with five years of data to understand the evolution of each farm. Customized advisory Financial proposals aligned with the productive cycle of each company. Real time innovation ● Economic Valuation ● Predictive Projections ● Crop Detection ● Water Stress Analysis ● Productivity FEATURES Potential for regional scaling in South America, as it easily adapts to different crops and regions
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BBVA Argentina Corporate Presentation p. 47 100% specialized and invested officers Core banking and transactional solutions Customized financing Official launching in Argentina on September 2023 *As of December 2025. Annual information. Includes prospect clients. Segment for tech-based startups 2025 Active products increased +33% Sight deposits increased +56% 268* active clients (+25% YoY) 115 clients with an active product in BBVA Argentina Partnership with and member of referents in the entrepreneur ecosystem We help entrepreneurs connect with our partners in Europe and Latin America and with other companies alike that share same interests and challenges. Some of our clients Open Banking We enable businesses to securely integrate financial services like payments and data inquiries directly into their platforms via APIs.
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BBVA Argentina Corporate Presentation p. 48 Geographic Structure as of 2025 Structure reduction across the board. Active clients per branch increased 3% YoY in 2025 Total Branches 234 129 317 297 444 YoY Chg* - -8 -72 -19 -72 Clients Per Branch 16.044 10.232 20.257 17.171 14.663 Branch Mkt Share 5,66% 3,12% 7,67% 7,19% 10,74% Total active clients 3.754.346 1.320.000 6.421.535 5.100.000 6.510.609 *Annual variation in number of branches Source: “Informe de entidades financieras”, BCRA, as of December 2025. Last annual information available. 2025 Annual Reports
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BBVA Argentina Corporate Presentation p. 49 2025 BBVA Argentina Sustainability AR$ 3.238 billion Invested in sustainable business during 2025
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BBVA Argentina Corporate Presentation p. 50 About BBVA Group
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Appendix
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BBVA Argentina Corporate Presentation p. 52 Quarterly and accumulated P&L
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BBVA Argentina Corporate Presentation p. 53 Balance Sheet
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BBVA Argentina Corporate Presentation p. 54 Corporate Bonds Series Issue date Nominal amount Maturity Coupon Coupon Frequency Rating Fix SCR Currency Class 38 11/20/2025 ARS 43.5 billion 11/20/2026 TAMAR + 3.50% Quarterly A1+(arg) ARS Class 40 02/27/2026 USD 36.50 million 08/25/2027 5% Semiannually AAA(arg) USD Class 41 03/04/2026 ARS 45.45 billion 03/04/2027 TAMAR + 3.50% Quarterly A1+(arg) ARS Class 44 05/08/2026 USD 48.02 million 05/08/2028 5% Semiannual AAA(arg) USD Class 45 05/08/2026 USD 25.07 million 05/08/2027 3.25% Semiannual A1+(arg) USD Class 46 05/21/2026 ARS 83.91 billion 05/21/2027 TAMAR + 3.25% Quarterly A1+(arg) ARS Class 47 06/20/2026 ARS 161.30 billion 06/10/2027 TAMAR + 3.25% Quarterly A1+(arg) ARS Class 48 07/24/2026 USD 42.08 million 01/24/2028 3.75% Semiannual AAA(arg) USD Class 49 07/24/2026 USD 38.01 million 07/24/2027 3.25% Semiannual A1+(arg) USD Class 50 07/24/2026 USD 58.72 million 07/24/2028 5% Semiannual AAA(arg) USD
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BBVA Argentina Corporate Presentation p. 55 Rating Local – Long Term Rating raAAA AAA(arg) Local – Short Term Rating raA-1+ A1+(arg) International – Local and Foreign Currency – Long Term B- International – Local and Foreign Currency – Short Term B Corporate Notes Global Program – up to USD 1.500 mn AAA(arg) Subordinated Tranches AA+(arg) Viability Rating b- Creditwatch/Perspective Stable Stable Stable Argentina (Sovereign rating, international only) B- B- Argentina Country Ceiling B B- Ratings as of August 31st, 2026.
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BBVA Argentina Corporate Presentation p. 56 Dividends *as of December 31, 2023. **As of April 28th, 2026. Year Net Income (millions AR$) Dividends (millions AR$) Total shares (millions) Dividends per share (AR$) Dividends per ADS (AR$) Payout Ratio Payment date 2025 267,420 69,011** 612.7 112.63 337.90 26% Payment in 3 equal consecutive installments 2024 357,653 89,413 612.7 145.93 437.80 25% Payment in 10 installments (cash and/or kind), adjusted by inflation as of payment date 2023 164,939 264,227* 612.7 431.25 1,294 N/A Payment in 3 installments (cash and/or kind), adjusted by inflation as of payment date 2022 5,934 35,566 612.7 58.05 174.14 N/A $50.4 billion authorized by the BCRA, of which $14.8 billion were pending of payment. Paid in 2023 in 6 equal installments. 2021 21,163 612.7 - - - - 2020* 12,032 13,500 612.7 22.03 66.10 N/A $13.2 billion paid in instalments in 2022 authorized by BCRA. 2019* 31,352 14,500 612.7 23.67 71.00 N/A 2018 9,705 2.407 612.7 3.93 11.79 25% 05/16/2019 2017 3,878 970 612.7 1.58 4.75 25% 05/09/2018 2016 3,644 911 612.7 1.49 4.46 25% 08/10/2017 2015 3,785 900 536.9 1.68 5.03 24% 07/24/2016 2014 3,204 400 536.9 0.75 2.24 12% 03/18/2016 2013 2,024 29 536.9 0.05 0.16 1% 07/08/2014
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BBVA Argentina Corporate Presentation p. 57 Safe Harbor Statement This press release contains certain forward-looking statements that reflect the current views and/or expectations of Banco BBVA Argentina and its management with respect to its performance, business and future events. We use words such as “believe,” “anticipate,” “plan,” “expect,” “intend,” “target,” “estimate,” “project,” “predict,” “forecast,” “guideline,” “seek,” “future,” “should” and other similar expressions to identify forward-looking statements, but they are not the only way we identify such statements. Such statements are subject to a number of risks, uncertainties and assumptions. We caution you that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in this release. Actual results, performance or events may differ materially from those in such statements due to, without limitation, (i) changes in general economic, financial, business, political, legal, social or other conditions in Argentina or elsewhere in Latin America or changes in either developed or emerging markets, (ii) changes in regional, national and international business and economic conditions, including inflation, (iii) changes in interest rates and the cost of deposits, which may, among other things, affect margins, (iv) unanticipated increases in financing or other costs or the inability to obtain additional debt or equity financing on attractive terms, which may limit our ability to fund existing operations and to finance new activities, (v) changes in government regulation, including tax and banking regulations, (vi) changes in the policies of Argentine authorities, (vii) adverse legal or regulatory disputes or proceedings, (viii) competition in banking and financial services, (ix) changes in the financial condition, creditworthiness or solvency of the customers, debtors or counterparties of Banco BBVA Argentina, (x) increase in the allowances for loan losses, (xi) technological changes or an inability to implement new technologies, (xii) changes in consumer spending and saving habits, (xiii) the ability to implement our business strategy and (xiv) fluctuations in the exchange rate of the Peso. The matters discussed herein may also be affected by risks and uncertainties described from time to time in Banco BBVA Argentina’s filings with the U.S. Securities and Exchange Commission (SEC) and Comisión Nacional de Valores (CNV). Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as the date of this document. Banco BBVA Argentina is under no obligation and expressly disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Information This earnings release has been prepared in accordance with the accounting framework established by the Central Bank of Argentina (“BCRA”), based on International Financial Reporting Standards (“I.F.R.S.”) and the resolutions adopted by the International Accounting Standards Board (“I.A.S.B”) and by the Federación Argentina de Consejos Profesionales de Ciencias Económicas (“F.A.C.P.E.”), and with the the exclusion of the application of the IFRS 9 impairment model for non-financial public sector debt instruments. The information in this press release contains unaudited financial information that consolidates, line item by line item, all of the banking activities of BBVA Argentina, including: BBVA Asset Management Argentina S.A.U. Sociedad Gerente de Fondos Comunes de Inversión, Consolidar AFJP-undergoing liquidation proceeding, PSA Finance Argentina Compañía Financiera S.A. (“PSA”) , Volkswagen Financial Services Compañía Financiera S.A (“VWFS”) , FCA Compañía Financiera S.A. ("FCA") and BBVA Securities Argentina S.A.U. BBVA Seguros Argentina S.A. is disclosed on a consolidated basis recorded as Investments in associates (reported under the proportional consolidation method), and the corresponding results are reported as “Income from associates”), same as Rombo Compañía Financiera S.A. (“Rombo”), Play Digital S.A. (“MODO”), Openpay Argentina S.A. and Interbanking S.A. Financial statements of subsidiaries have been elaborated as of the same dates and periods as Banco BBVA Argentina S.A.’s. In the case of consolidated companies PSA, VWFS and FCA, financial statements were prepared considering the B.C.R.A. accounting framework for institutions belonging to “Group C”, considering the model established by the IFRS 9 5.5. “Impairment” section for periods starting as of January 1, 2022, excluding debt instruments from the non-financial public sector. The information published by the BBVA Group for Argentina is prepared according to IFRS, without considering the temporary exceptions established by BCRA.
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Investor Relations Contact investorelations-arg@bbva.com www.ir.bbva.com.ar