Buenos Aires, March 9, 2021

BOLSA DE COMERCIO DE BUENOS AIRES 25 de Mayo 347 2° piso

Autonomous City of Buenos Aires

Subject: Financial Statements as of December 31, 2020

Art. 62 - Regulation B.C.B.A.

Dear Sirs,

Regarding Banco BBVA Argentina S.A.'s financial statements for the period ended December 31, 2020, approved by our Board of Directors on March 9, 2021, as per Minutes No. 5277, and in compliance with the terms of applicable laws, we hereby submit the following information arising from the financial statements referred to above for the period then ended.

1.

(Figures in thousands of

Ps.)

Net Income for the Period

Net Income for the Period attributable to:

Controlling Company's Shareholders

12,044,577

Non-controlling Interests

(12,462)

Total (a)

12,032,115

Other Comprehensive Income for the Period attributable to:

Controlling Company's Shareholders

4,994,678

Non-controlling Interests

(1)

Total (b)

4,994,677

Total Comprehensive Income for the Period attributable to:

Controlling Company's Shareholders

17,039,255

Non-controlling Interests

(12,463)

Total (a+b)

17,026,792

Banco BBVA Argentina S.A., Av. Córdoba 111 - Piso 31 (C1054AAA) Ciudad Autónoma de Buenos Aires,

CUIT Nro. 30-50000319-3, IGJ 18-09-14, N.17995, L.70, T.SA (T.O.).

(Figures in thousands of

Ps.)

2.

Shareholders' Equity Breakdown

Capital Stock

612,710

Non-capitalized Contributions 26,386,814

Adjustments to Shareholders' Equity 18,640,568

Reserves 86,332,152

- Legal Reserve 22,528,236

- Other Reserves 63,803,916

Unappropriated Retained Earnings

(29,431,352)

- Net Income for the Year

Other Comprehensive Income

12,044,577 77,981

Total Shareholders' Equity attributable to Controlling Company's Shareholders (c)

102,618,873

Total Shareholders' Equity attributable to Non-controlling Interests (d)

2,138,170

Total Shareholders' Equity (c+d)

104,757,043

In connection with paragraphs n) 1) and 2), Section 62 of the Listing Regulations of the Buenos Aires Stock Exchange, this is to give notice that the Board of Directors has resolved to submit the following proposals to the next General Ordinary and Extraordinary Shareholders' Meeting:

  • (i) Allocation of Unappropriated Retained Earnings as of December 31, 2020, that show a negative balance of $ 29,431,352,199.86. Proposal to absorb the sum of $ 29,431,352,199.86 from voluntary reserve for future distribution of earnings, the balance of which as of December 31, 2020 amounts to $ 55,727,557,543.48; and

  • (ii) Partial reversal of voluntary reserve for future distributions of earnings to allocate an amount of $ 7,000,000,000 to the payment of cash dividends, subject to the Argentine Central Bank´s previous consent.

On the other hand, please find below information on the number of book-entry common shares, with a face value of Ps. 1 and one voting right each, held by the Company's controlling group as of December 31, 2020.

Shares 407,735,359

% over total capital stock 66.55%

Banco BBVA Argentina S.A., Av. Córdoba 111 - Piso 31 (C1054AAA) Ciudad Autónoma de Buenos Aires, CUIT Nro. 30-50000319-3, IGJ 18-09-14, N.17995, L.70, T.SA (T.O.).

The Company does not have share-convertible debt securities and/or stock options.

The Company's controlling shareholder is Banco Bilbao Vizcaya Argentaria S.A., a company with domicile established at Plaza de San Nicolás, Number 4, 48005 Bilbao, Spain.

Yours faithfully,

Banco BBVA Argentina S.A.

MANUEL MANSILLA Legal Representative

Banco BBVA Argentina S.A., Av. Córdoba 111 - Piso 31 (C1054AAA) Ciudad Autónoma de Buenos Aires,

CUIT Nro. 30-50000319-3, IGJ 18-09-14, N.17995, L.70, T.SA (T.O.).

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Banco BBVA Argentina SA published this content on 09 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 March 2021 21:42:02 UTC.