Investor Presentaiton

As % of GDP External Sector Performance -2,7% -2,9% Current and Capital Accounts Accrual Basis, as % of GDP Current Account Capital Account 1,0% 1,3% 0,9% -5,1% 2015 2016 2017 2018 2019 2020 2021e Source: INDEC and own estimates Billions of US$ Billions of US$ -3,4 Foreign Trade Exports Imports 65,4 66,3 60,2 54,9 61,6 56,8 52,9 42,4 2015 2016 2017 2018 2019 2020 2021e Trade Balance 16,0 12,5 13,4 2015 2016 2017 2018 2019 2020 2021e † Grupo Financiero Galicia 7

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