Banco Macro Sa Class B · BCBA:BMA

Banco Macro Sa Class B — Macro Bank — Q2 2024 Earnings Presentation

15 slides from Banco Macro Sa Class B's earnings presentation, Aug 22, 2024

  1. Slide 1: Index

    Index Summary Disclaimer Results Financial Assets Public Sector Assets Funding Liquid Assets Solvency Asset Quality 2Q24 Snapshot Relevant and Recent Events Regulatory Changes CER Exposure and Foreign Currency Position

  2. Slide 2: Banco Macro Announces Results for the Second Quarter of 2024

    Banco Macro Announces Results for the Second Quarter of 2024 Buenos Aires, Argentina, August 22, 2024 ‘S.A. (NYSE: BMA; BYMA: BMA) ("Banco Macro” or “BMA” or the “Bank") announced today its results for the second quarter ended June 30, 2024 ("2024"). All figures are in ‘Argentine pesos (Ps. and have

  3. Slide 3: Net Income

    NET INCOME Ps. 93.1 billion Ps.209 billion 6M24 (55% LOWER THAN 6M23) 6M23 OPERATING INCOME Ps. 2.4 trillion Ps. 1.8 trillion 6M24, +36% HIGHER THAN 6M23 6M23 ACCUMULATED RETURN ON AVERAGE EQUITY & ACCUMULATED RETURN ON AVERAGE ASSETS 5.4% 1.7% ROAE 6M24 ROAA 6M24 BANCO MACRO’S TOTAL FINANCING Ps. 3

  4. Slide 4: Summary

    Summary .01 · THE BANK’S NET INCOME totaled Ps.93.1 billion in the six months ended June 30, 2024. This result was 55% or Ps.115.9 billion lower 6M23. In 2Q24, the accumulated annualized return on average equity (“ROAE”) and the accumulated annualized return on average assets (“ROAA”) were 5.4% and

  5. Slide 5: Disclaimer

    Average # of shares outstanding (M) 639 639 639 639 639 0 % 0 % Shares Outstanding (M) 639 639 639 639 639 0 % 0 % EOP FX (Pesos per USD) 256.6750 350.0083 808.4833 857.4167 911.7500 6 % 255 % Earnings per avg. outstanding ADS (USD) 9.99 0.93 16.00 5.96 -4.01 -167 % -140 % Disclaimer .02 This press

  6. Slide 6: Liquid Assets

    Liquid Assets .07 In 2Q24, the Bank’s liquid assets amounted to Ps.6.61 trillion, showing an 11% or Ps.794.5 billion decrease QoQ, and a 1% or Ps.72.2 billion decrease on a yearly basis. In 2Q24 Other Government securities decreased 13% or Ps.740.4 billion while Net Repos decreased 100%.

  7. Slide 7: Net income (ARS Million)

    Net income (ARS Million) a26r12 326,397 20,700 3023 4023 1024 Operating income & Nas Jagome (ARS Million) 1,486,767 826,712 643,053 647,630 ea, 326,337 700 pond 2028 3023 1024 are = ‘mOporating income Net como =

  8. Slide 8: Return on average assets

    250% 200% 150% 100% 50% 00% Return on average assets (%) 119% id 2.8% Al a i = vam az) nama 2004 18.5% Return on average 113% 3023 4028 026

  9. Slide 9: Net Interest Income & Net Fee Income (ARS Million)

    Not Interest Income & Net Fee Income (ARS Million) 401,097 ( 2 TT 310547 sg wai = 202) NN 307 950 00,000 200,000 300900 400,000 500,000 ean% 580% 59.0% 480% 20% 380% 38.0% me0% Z0% 18.0% Not intorost Margin (%) BR, sy Zz en a \ “a \ vars SwasSS8

  10. Slide 10: Private Sector Loans and Total Deposits (ARS Million)

    3,600,000 3.500.000 3,400,000 300,000 200,000 3,100,000 3.000.000 2,900,000 2,800,000 2,700,000 Private Sector Loans (ARS Million) | sane 8,000,000 7,000,000 6,000,000 5,000,000 4,000,000 3,000,000 2,000,000 4,000,000 Total Deposits (AR$ Million) 7,069,445 2023 5536,658 3023 6,056,772 4023 5370,723

  11. Slide 11: Asset Quality

    2500% 200% 150% 100% 50.0% 00% Assot Quality 702s 30234023, 102k «2028 mm Nonpererming loss of ttl financing —Conerage ratio CAR and Tier 1 384% 02s 3023 sm Copia Acegucy Rao (CAR) % Og TH 1 tore 2024 = = Ter Capt ato so0% 45.0% 00% 300% 1 350% 200% 150% 1006

  12. Slide 12: Assets Breakdown and Liabilities Breakdown (ARS Million)

    ‘Assots Breakdown (AR$ Million) Liabilities Breakdown (ARS Million) ‘MLoans —mLelgs + Goverment Bonds Casha deposi nanks «Ober 6700381 3472924 1028 4023 1024 ‘eDeposts =Swordnsed notes =Oihertranciallablties =Oiher

  13. Slide 13: Exposure to the Public Sector (ARS Million)

    ‘coo 00F*Psure to the Public Sector (ARS Million) 5.900.000 4000 000 3.000000 2.000000 11900000 ° 13% jon = 280% = 2023302340324 sm Pu sector ase (ene. err ark) Pubic sector exposure ot aes et Cereal ant) rat so0% 450% 13% fone 350% 300% 250% 200% 150% USD LOANS & DEPOSITS (%) 9 USD Loans fl oan 402

  14. Slide 14: Relevant and Recent Events

    Relevant and Recent Events .11

  15. Slide 15: Signature

    SIGNATURE 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, thereto duly authorized. Date: August 22, 2024 MACRO BANK INC. By: /s/ Jorge Francisco Scarinci Name: Jorge Francisco Scarinci Titl

Macro Bank — Q2 2024 Earnings Presentation on 6ix