Argentine Economy - Real Gross Domestic Product is projected to increase by 3.6% in 2025 and 3.9% in 2026[5] - The Non-Financial Public Sector's Primary Fiscal Balance is projected to be 0.3% of GDP in both 2025 and 2026[14] - The Argentine Central Bank financing is projected to be 0.6% of GDP in 2025[16] - The current account is projected to be 0.3% of GDP in 2025[25] - Exports are projected to reach $81.5 billion in 2025 and $82.9 billion in 2026[26] Argentine Financial System - Financial Depth: Deposits are 18% of GDP and Loans are 10% of GDP in Argentina[44] - Private Sector Deposits increased 135.2% YoY and Private Sector Credit increased 135% YoY as of November 2025[49, 51] - As of August 31, 2025, Private Sector Banks hold 30.8% of the market share of private-sector deposits[62] - As of September 2025, the banking system's ROE is -0.1% and ROA is 0.0%[66, 67] Grupo Financiero Galicia (GFG) - GFG's ROE for 3Q25 was (4.7)% and ROA was (0.8)%[83] - Banco Galicia's ROE for 3Q25 was (7.3)% and ROA was (1.3)%[92] - Naranja X's ROE for 3Q25 was (2.5)% and ROA was (0.4)%[159]

November 2025 z Investor Presentation Real Gross Domestic Product % Change YoY 2.7% -2.1% 2.8% -2.6% -2.0% -9.9% 10.4% 6.0% -1.9% -1.3% 3.9% 3.6% -15% -10% -5% 0% 5% 10% 15% 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025f 2026f Source: Banco Galicia based on INDEC, BCRA and own estimations Source: Banco Galicia based on INDEC Industrial Production -2.3% 3Q25 -2.0% -30% -15% 0% 15% 30% 1Q18 4Q18 3Q19 2Q20 1Q21 4Q21 3Q22 2Q23 1Q24 4Q24 3Q25 QoQ % Var. (s.a.) YoY % Var. -0.1% 2Q25 6.3% -20% -10% 0% 10% ...

August 2025 z Investor Presentation Informe de resultados 1 Agenda | 01 | | 03 | 05 | 07 | | --- | --- | --- | --- | --- | | The | Argentine | Grupo Financiero | Naranja X | Fondos | | | | Galicia | | FIMA | | Economy | | | | | | 02 | | 04 | 06 | 08 | | The | Argentine | Banco | Galicia | Galicia | | Financial | System | Galicia | Seguros | Securities | Economic Activity 2,7% -2,1% 2,8% -2,6% -2,0% -9,9% 10,4% 6,0% -1,9% -1,3% 4,7% 3,5% -15% -10% -5% 0% 5% 10% 15% Real Gross Domestic Product % Change YoY 20 ...