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Investor Presentaiton

YPF Summary Excellent opportunity to acquire an ongoing operation with significant upside in conventional reserve development and unconventional resource exploration Increased natural gas production by 15% Access to Medanito quality oil production and reserves Accelerate conventional development increasing activity to 4 drilling rigs Boost YPF reserves by 14% Acquisition accomplished without affecting YPF's liquidity and leverage ratios New partnership to enhance exploration and development of Vaca Muerta formation <11>

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