 Grupo Financiero Galicia(US:GGAL)2025-06-30 20:39
Grupo Financiero Galicia(US:GGAL)2025-06-30 20:39Relevant Information Filing Grupo Financiero Galicia S.A.'s subsidiary, Banco de Galicia y Buenos Aires S.A., announced a cash dividend, detailing its payment schedule, terms, and tax implications Dividend Announcement Overview Banco de Galicia y Buenos Aires S.A. announced a cash dividend of ARS 300 billion, to be distributed in 10 monthly installments following Central Bank authorization - Banco de Galicia y Buenos Aires S.A. will pay a cash dividend of ARS 300 billion (expressed in December 2024 currency)2 - The dividend payment was authorized by the Superintendency of Financial and Foreign Exchange Institutions of the Argentine Central Bank2 - The total dividend will be paid in 10 monthly and consecutive installments2 Dividend Payment Terms and Schedule The ARS 300 billion dividend will be paid in 10 equal monthly installments of ARS 30 billion each, adjusted by the National Consumer Price Index (CPI), from June 2025 to March 2026 - Each installment will be paid in constant currency, adjusted using the most recently published National Consumer Price Index (CPI) by the National Institute of Statistics and Census (INDEC)3 Tentative Dividend Payment Schedule | Installment No. | Payment Availability Date | Amount (ARS, as of Dec 2024 Currency) | | :--- | :--- | :--- | | 1 | 30/06/2025 | $ 30,000,000,000 | | 2 | 31/07/2025 | $ 30,000,000,000 | | 3 | 29/08/2025 | $ 30,000,000,000 | | 4 | 30/09/2025 | $ 30,000,000,000 | | 5 | 31/10/2025 | $ 30,000,000,000 | | 6 | 28/11/2025 | $ 30,000,000,000 | | 7 | 30/12/2025 | $ 30,000,000,000 | | 8 | 30/01/2026 | $ 30,000,000,000 | | 9 | 27/02/2026 | $ 30,000,000,000 | | 10 | 31/03/2026 | $ 30,000,000,000 | | Total | | $ 300,000,000,000 | Taxation and Shareholder Information The dividend distribution is subject to a 7% withholding tax, with payments processed by the Bank's Securities Department and inquiries directed to a specified email - The dividend distribution is subject to a 7% withholding tax pursuant to Articles 97 and 193 of the Argentine Income Tax Law5 - The payment will be processed through the Bank's Securities Department, located at Perón 430, Buenos Aires City5 - Shareholders may reach out via email at: Relaciones.Institucionales@bancogalicia.com.ar for inquiries5
