Banco BBVA Argentina S.A. announced payment of installment 3 of 3 of dividend payment schedule

BUENOS AIRES, Argentina, July 3, 2024 /PRNewswire/ -- Banco BBVA Argentina S.A (NYSE; BYMA; MAE: BBAR; LATIBEX: XBBAR) announced today the payment of installment 3 of 3 of dividend payment schedule

The Shareholders of Banco BBVA Argentina S.A. (the "Bank") are hereby notified that, as resolved by the General Ordinary and Extraordinary Shareholders ̓ Meeting held on April 26, 2024, the authorization of the Argentine Central Bank Financial and Exchange Entities Authority obtained on May 3, 2024 and the Board of Directors meeting held on May 6, 2024, approved the payment of a dividend in the amount of AR$ 264.227.684.640 expressed in homogeneous currency as of December 31, 2023. That amount in homogeneous currency as of today is AR$400,627,017,508.

In this sense, Installment 3 will be made available and paid for the sum of $50.638.718.584,05, that is, $247,1094156255 per share, paid on 33.44555362% of the share capital that participates: V/N 204,924,278, which did not opt for payment in BOPREAL in the first installment. The payment will be made to its existing shareholders in the Bank's share registry as of July 5, 2024 ("Cut-Off Date") as of July 11, 2024 ("Payment Date"), of a dividend through the delivery of:

Non-resident shareholders
Non-resident shareholders will receive payment in pesos, unless they express their intention to receive payment of their dividends with National Treasury Bonds in pesos adjusted by CER 4.25% due December 13, 2024, Ticker T5X4 (CV code 9200; ISIN ARARGE320DV0), (the "Bonds" or "Payment in Kind"). For these purposes, you must send an email to [email protected] until July 5 at 3:00 p.m. One day before the payment date, a complementary payment notice will be published informing the market price of the Bonds to be delivered.

One day before the payment date, a complementary payment notice will be published informing the market price of the Bonds to be delivered.

Resident shareholders
Payment to resident shareholders will be made in pesos (the "Payment in Pesos"), unless they express their intention to receive Payment in Kind, sending an email to [email protected] until July 5 at 3:00 p.m.

General terms and conditions of dividend payment
Payment date: July 11
Cut-off date: July 6

Those shareholders who own their shares within the scope of the Shareholder Registry that Caja de Valores S.A. carried out for the account and order of Banco BBVA Argentina S.A. must contact the Bank at the email address: [email protected] to obtain information on the procedure applicable for the purposes of the provision of Payment in Kind.

Payment in Pesos will be made available from the indicated date, through Caja de Valores S.A located at 25 de Mayo 362, Autonomous City of Buenos Aires, on business days from 10:00 a.m. to 3:00 p.m. , where they must comply with the required procedures and the settlements will be carried out in accordance with the regulatory deadlines.

Payment in Kind will be made available through Banco BBVA Argentina S.A. from 10:00 a.m. to 3:00 p.m., at Av. Córdoba 111, Autonomous City of Buenos Aires.

It is expressly established that the share holdings of the Shareholders registered on the Cut-Off Date of each installment will be the only ones taken into account for the purposes of paying the declared dividend. Notifications made by those who do not turn out to be holders of shares of Banco BBVA Argentina S.A. on the Cut-Off Date will be considered not presented and will be void.

American Depositary Shares (ADS)
Holders of American Depositary Shares (ADS) will receive payment through the depositary bank, Bank of New York Mellon, from the date determined by application of the rules governing the jurisdiction where the Bank's ADSs are listed. In that sense, the cut-off and/or payment dates may differ from those reported here.

Tax withholdings
The dividends that are proposed to be declared are subject to the 7% withholding established in article 97 of the Income Tax Law, text ordered in 2019.
From the distribution of dividends, where applicable, the amounts duly paid by the Bank, in its capacity as Substitute Responsible for the Personal Property Tax corresponding to the periods 2022 and 2023 of those Shareholders who have been reached by the referred tax, all in accordance with the terms of the last paragraph of the article incorporated by Law No. 26,452 following article 25 of Law No. 23,966.

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SOURCE Banco BBVA Argentina S.A.