Bolsas y Mercados Argentinos S A : Earnings Presentation 1Q23

About this update from Bolsas Y Mercados Argentinos Sa

Earnings Presentation 1st quarter 2023 (1Q23) May 12th, 2023 EXCELLENT START OF THE YEAR Both business lines showed strong growth with respect to 1Q22. Cost controls also showed positive results, contibuting more to margin growth. Higher local and international rates helped financial income. ARS Million Historical 1Q22 1Q23 Var. CSD Revenues 780 1,523 95% Exchange Revenues 885 2,381 169% Income 1,665 3,904 134% Total Expenses -1,095 -1,887 72% Gross Margin 570 2,018 254% Other Operating Income 140 1,769 1164% Net Operatig Result 710 3,787 433% Inflation Adjustment Impact 0 0 0% Financial Income 2,286 9,541 317% Oher gains/losses -13 -35 172% Participation in other companies 52 92 77% EBT 3,035 13,385 341% Income Tax -555 -1,930 248% Net Income 2,480 11,455 362% Adjusted by Inflation 1Q22 1Q23 Var. 1,690 1,618 -4% 1,911 2,554 34% 3,601 4,172 16% -2,543 -2,346 -8% 1,058 1,826 73% 327 1,971 503% 1,385 3,797 174% -7,933 -10,518 33% 4,867 10,150 109% 12 11 -10% 30 92 204% -1,639 3,532 315% -1,038 -1,812 N/A -2,677 1,720 164% (*) This slide is the only one showing inflation adjusted figures. The rest of the presentation shows historical data. 2 CSD: ASSETS UNDER CUSTODY ACCELERATE THEIR GROWTH RATE Assets under custody (AUCs) showed strong growth at the Central Securities Depository (CSD). This measured both as face value as well as market value. AuC by asset class 6% 12% Public Debt Treasury and Central bank bills 40% Trusts Equity 25% Private Debt Others 3% 14% AuC Nominal Value - Quarterly evolution AuC Market value - Quaterly evolution Millions 4,331,621 ARS Millions +37% 19,448,151 +99.6% 3,539,066 3,525,396 3,155,627 3,314,371 15,158,336 2,582,514 12,645,311 11,531,098 2,195,524 2,040,280 9,745,906 7,796,950 6,195,235 6,200,051 2Q 20 3Q 20 4Q 20 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 2Q 20 3Q 20 4Q 20 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 3 CSD: REVENUE ALSO ACCELERATES WITH KEY DRIVER Revenue from the CSD amounted to ARS 1.523 millones, which shows a growth of 95% YoY and to 18% QoQ. They are reflecting an acceleration with respecto to the 85% YoY growth reflected on 4Q22. All business lines posted stronger results than those shown in 4Q22. 1Q 22 1Q 23 YoY $ YoY % CSD (ARS Millions) 779.7 1,523.1 743.4 95.3% ADC Services 566.2 1,077.3 511.1 90.3% ACRyP Services 13.8 34.9 21.1 153.2% Additional services 199.7 411.0 211.2 105.8% CSD Revenues 1,523 ARS Millions 1,290 411 1,035 307 35 904 271 33 780 702 202 685 18 644 645 200 16 584 164 168 456 487 139 166 14 1,077 156 13 13 96 11 12 950 93 11 10 9 686 746 566 493 417 468 508 521 353 381 2Q 20 3Q 20 4Q 20 1Q 21 2Q 21 3Q 21 4Q 21 1Q 22 2Q 22 3Q 22 4Q 22 1Q 23 Additional services ACRyP services ADC services 4 EXCHANGE: REVENUE GROWS STRONGLY BASED ON GREATER ACTIVITY Revenue from the Exchange (ARS 2.381 millones) grew 169% with respect to 1Q22 and 50% versus previous quarter. The Exchange has become the largest business line of BYMA. Equity continues to be the main revenue contributor, but fixed income and on-exchange-repo now account for almost the same portion. Exchange Revenues 2,381 Exchange Revenue Share ARS Millions 0.19% 7% 1% 113 Equity 5% +169% Fixed income Market Data 1,524 1,588 On-exchange repo Trading C&S Fees 93 39% Options 84 22% Other Fees Futures 966 2,118 874 885 Securities lending 752 70 44 51 641 1,346 1,385 Market Data 523 564 581 35 449 27 22 24 817 26% Others 10 765 759 12 553 656 469 492 496 398 39 44 50 61 61 61 65 75 79 94 110 150 2Q 20 3Q 20 4Q 20 1Q 21 2Q 21 3Q 21 4Q 21 1Q 22 2Q 22 3Q 22 4Q 22 1Q 23 1Q 22 1Q 23 YoY $ YoY % EXCHANGE (ARS Millions) 884.7 2,381.0 1,496.4 169.1% Trading C&S fees 758.5 2,117.9 1,359.4 179.2% Market Data 75.4 149.7 74.3 98.5% Other fees 50.7 113.4 62.7 123.7% The increase in transacted volumes has been substantial across all business lines. 5

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