Documento: YPF-Público 1st QUARTER 2022 EARNINGS WEBCAST Documento: YPF-Público MAY 12TH, 2022 IMPORTANT NOTICE Documento: YPF-Público Safe harbor statement under the U.S. Private Securities Litigation Reform Act of 1995 (the "Private Securities Litigation Reform Act"). This document contains statements that YPF believes constitute forward-looking statements under within the meaning of the Private Securities Litigation Reform Act. These forward-looking statements may include statements regarding the intent, ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURI ...

YPF Sociedad Anónima (NYSE:YPF) Q4 2021 Earnings Conference Call March 4, 2022 8:30 AM ET Company Participants Pablo Calderone - Investor Relations Manager Sergio Affronti - Chief Executive Officer Alejandro Lew - Chief Financial Officer Conference Call Participants Bruno Montanari - Morgan Stanley Konstantinos Papalios - Plenti Argentina Andres Cardona - Citigroup Inc. Regis Cardoso - Credit Suisse AG Ezequiel Fernandez - Balanz Luiz Carvalho - UBS Operator Good morning. My name is Rob, and I'll be your co ...

Financial Performance - 2021 Adjusted EBITDA reached US$3.8 billion, surpassing pre-COVID levels of 2019 by 6.4%[12] - The company achieved US$882 million in Free Cash Flow (FCF) in 2021, leading to significant deleveraging[12] - Revenues increased by 41% year-over-year to US$13.238 billion[26] - Net debt decreased by US$805 million year-over-year, reaching US$6.271 billion[28] Production and Reserves - Total hydrocarbon production increased by 14.5% year-over-year in 4Q21[12] - P1 reserves increased to 1.1 billion BOE as of year-end 2021, with a reserve replacement ratio (RRR) of 2.3x[12] - Shale P1 reserves increased by 56.7%, representing 49% of total reserves[58] - Total production in 4Q21 reached 484 KBOE/D[40] Capital Expenditure and Investments - The company fully deployed a CAPEX plan of US$2.7 billion in 2021[12] - US$450+ million was deployed during 2021 (CAPEX and OPEX) for facilities' safety and integrity, including spill prevention and control systems[19] - The company expects a CAPEX of US$150-200 million in 2022 for fuel's sulfur reduction multiyear project[75] Operational Efficiency and Sustainability - The company achieved a 21% reduction in vehicle accident frequency rate through its safe driving program[20] - The company is targeting a 6.5% reduction in total GHG intensity in 2022 compared to 2021[22] - Development costs in the core hub decreased by 56%[51] Market and Demand - Local fuels' demand recovered strongly, exceeding pre-pandemic levels of 2019 in 4Q21 by 7%[62]

Clasificación YPF: No Confidencial Clasificación YPF: No Confidencial YPF 3 rd QUARTER 2021 EARNINGS WEBCAST NOVEMBER 10TH, 2021 IMPORTANT NOTICE Clasificación YPF: No Confidencial Safe harbor statement under the U.S. Private Securities Litigation Reform Act of 1995 (the "Private Securities Litigation Reform Act"). This document contains statements that YPF believes constitute forward-looking statements under within the meaning of the Private Securities Litigation Reform Act. These forward-looking statement ...

YPF Sociedad Anonima (NYSE:YPF) Q3 Earnings Conference Call November 10, 2021 8:30 AM ET Company Participants Santiago Wesenack – IR Manager Sergio Affronti – CEO Alejandro Lew – CFO Conference Call Participants Frank Mcgann – Bank of America Guilherme Levy – Morgan Stanley Regis Cardoso – Credit Suisse Bruno Amorim – Goldman Sachs Konstantinos Papalios – Plenti Argentina Ezequiel Fernandez – Balanz Luiz Carvalho – UBS Walter Chiarvesio – Santander Operator Good morning. My name is Chris and I'll be your co ...

Financial Data and Key Metrics Changes - Adjusted EBITDA for Q2 reached $1.1 billion, a 41% increase compared to the previous quarter and 14% higher than Q2 2019 [5][19] - Revenues increased by 26% sequentially to over $3.3 billion, although still 9% below Q2 2019 levels [15][19] - Free cash flow before debt financing totaled $311 million, allowing for a reduction in net debt to $6.5 billion by June 30 [11][22] Business Line Data and Key Metrics Changes - Total hydrocarbon production grew by 6% sequentially, with shale gas production increasing by 35% [23][24] - Shale oil production rose by 7%, while conventional production remained almost flat [8][24] - Overall lifting costs per barrel of oil equivalent were around 10% below pre-pandemic levels, but increased by 5% sequentially [17][19] Market Data and Key Metrics Changes - Domestic demand for gasoline and diesel showed recovery, with diesel demand almost back to pre-COVID levels, while gasoline demand was still 18% below pre-pandemic levels [6][29] - Average realization price for natural gas was $3.80 per MMBTU, aligning with 2019 levels, while crude oil prices increased to $51.60 per barrel [25][31] Company Strategy and Development Direction - The company is focused on executing a $2.7 billion CapEx plan, with production targets for the year potentially biased to the upside [12][13] - The management is optimistic about the new hydrocarbon law that aims to incentivize investment and accelerate development in the sector [78][80] - Continuous efforts are being made to reduce costs and improve operational efficiencies, with a focus on maintaining structural cost reductions [16][64] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving production targets and executing the CapEx plan despite challenges faced in the first half of the year [12][46] - Inflation is creating cost pressures, but the company aims to maintain cost efficiencies [63][64] - The company anticipates becoming a net exporter of crude oil in a few years as production in Vaca Muerta expands [91] Other Important Information - The company has successfully reduced its net leverage ratio to 2.7 times by the end of Q2, allowing for greater financial flexibility [38] - The company is actively managing its liquidity and FX exposure, maintaining a low net FX exposure of 6% [35][36] - Recent rating upgrades from credit agencies reflect improvements in the company's financial condition [40] Q&A Session Summary Question: CapEx deployment in the second half of the year - Management acknowledged the need to ramp up CapEx and expressed confidence in achieving the $2.7 billion target despite challenges faced in the first half [45][46] Question: Timeline for liability management for 2022 maturities - Management indicated comfort with upcoming maturities and plans to refinance through local bonds and bank facilities [50][52] Question: Expectations for production increase next year - Management expects significant growth in oil production, particularly in Vaca Muerta, while gas production growth may be limited [58][60] Question: Future pricing strategies and lifting costs - Management anticipates stable lifting costs around $11 per barrel of oil equivalent for the remainder of the year [71] Question: ESG investment plans - The company is focused on reducing CO2 emissions and investing in renewable energy projects through its subsidiary YPF Luz [73][74]

了三人丁 YPF 2 nd QUARTER 2021 EARNINGS WEBCAST AUGUST 11TH, 2021 IMPORTANT NOTICE Safe harbor statement under the U.S. Private Securities Litigation Reform Act of 1995 (the "Private Securities Litigation Reform Act"). This document contains statements that YPF believes constitute forward-looking statements under within the meaning of the Private Securities Litigation Reform Act. These forward-looking statements may include statements regarding the intent, belief, plans, current expectations or objectives of YP ...

YPF SA (NYSE:YPF) Q1 2021 Earnings Conference Call May 12, 2021 9:00 AM ET Company Participants Santiago Wesenack - IR Manager Sergio Affronti - CEO Alejandro Lew - CFO Conference Call Participants Guilherme Levy - Morgan Stanley Barbara Halberstadt - JPMorgan Chase & Co. Frank McGann - Bank of America Merrill Lynch Marcelo Gumiero - Crédit Suisse Ezequiel Fernandez - Balanz Luiz Carvalho - UBS Operator Good day, and thank you for standing by. Welcome to the YPF First Quarter 2021 Earnings Call. [Operator I ...

Clasificación YPF: No Confidencial YPF Clasificación YPF: No Confidencial 1 st QUARTER 2021 EARNINGS WEBCAST MAY 11TH, 2021 Clasificación YPF: No Confidencial IMPORTANT NOTICE Safe harbor statement under the U.S. Private Securities Litigation Reform Act of 1995 (the "Private Securities Litigation Reform Act"). This document contains statements that YPF believes constitute forward-looking statements under within the meaning of the Private Securities Litigation Reform Act. These forward-looking statements may ...