# EDGAR Filing Document

**Accession Number:** 0000913059
**File Stem:** 0001292814-25-003123
**Filing Date:** 2025-8
**Character Count:** 169075
**Document Hash:** f4304e28f4443a392eaa1a4feb372705
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001292814-25-003123.hdr.sgml**: 20250820

**ACCESSION NUMBER**: 0001292814-25-003123

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 7

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250820

**DATE AS OF CHANGE**: 20250820

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Banco BBVA Argentina S.A.
- **CENTRAL INDEX KEY:** 0000913059
- **STANDARD INDUSTRIAL CLASSIFICATION:** COMMERCIAL BANKS, NEC [6029]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-12568
- **FILM NUMBER:** 251237171

**BUSINESS ADDRESS:**
- **STREET 1:** AV. CORDOBA 111
- **CITY:** C1054AAA BUENOS AIRES
- **STATE:** C1
- **ZIP:** 00000
- **BUSINESS PHONE:** 2127595576

**MAIL ADDRESS:**
- **STREET 1:** AV. CORDOBA 111
- **CITY:** C1054AAA BUENOS AIRES
- **STATE:** C1
- **ZIP:** 00000

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BBVA BANCO FRANCES SA
- **DATE OF NAME CHANGE:** 20001219

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FRENCH BANK OF THE RIO DE LA PLATA
- **DATE OF NAME CHANGE:** 19931005

**FORM 6-K**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**Report of Foreign Issuer**

**Pursuant to Rule 13a-16 or 15d-16**

**of the Securities Exchange Act of 1934**

For the month of August 2025

Commission File Number: 001-12568

**BBVA Argentina Bank S.A.**

(Translation of registrant's name into English)

**111 Córdoba Av, C1054AAA** 

**Buenos Aires, Argentina**

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F X Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

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| Yes | No | X |

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Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

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|:---|:---|:---|
| Yes | No | X |

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Indicate by check mark whether by furnishing the information contained in this Form, the Registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:

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|:---|:---|:---|
| Yes | No | X |

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If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): <u>N/A</u>

**Banco BBVA Argentina S.A.**

**TABLE OF CONTENTS**

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| **Item** |  |
| 1. | Banco BBVA Argentina S.A. reports consolidated second quarter earnings for fiscal year 2025. |

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![](bbarpr2q256k_001.jpg)

2Q25 Conference Call Thursday, Aug 21st 12:00 p.m. Buenos Aires Time (11:00 a.m. EST) To participate click here to register BBVA Argentina August 20th, 2025 Buenos Aires, Argentina Earnings Release 2Q25 Improvement in net interest income Improvement in net interest incomethanks to greater commercial effortsthanks to greater commercial efforts NET INTEREST INCOME NET INTEREST INCOME Stable operating expenses Stable operating expenses, especially on , especially on administrative expenses administrative expenses OPERATING EXPENSES OPERATING EXPENSES EFFICIENCY RATIO\* (%) EFFICIENCY RATIO\* (%) 56.5 56.5% % in 2Q25in 2Q25 Loan loss allowances impacted by loan Loan loss allowances impacted by loan book growth which book growth which generates higher generates higher provisioningprovisioning 144.5 144.5 bnbn LOAN LOSS ALLOWANCES LOAN LOSS ALLOWANCES 1 1 3 3 2 2 591.8 591.8 bnbn FINANCIAL MARGIN FINANCIAL MARGIN 100.9 100.9bnbn 483.1 483.1bnbn Highlights Highlights 2Q25 Earnings Release 2Q25 Earnings Release Operating expenses: Personnel benefits + Administrative expenses + Depreciation & Amortization + Other operating expenses Operating expenses: Personnel benefits + Administrative expenses + Depreciation & Amortization + Other operating expenses Financial margin: Net income from financial instruments at FV through P&L + Net loss from write Financial margin: Net income from financial instruments at FV through P&L + Net loss from write--down of assets at amortized costdown of assets at amortized costand fair value through OCI + Foreign exchange and gold gainsand fair value through OCI + Foreign exchange and gold gains \*Quarterly efficiency ratio \*Quarterly efficiency ratio 2Q25 Net 2Q25 Net IncomeIncome Highlights 2Q25 & 1H25 Highlights 2Q25 & 1H25 2Q25 2Q25HighlightsHighlights Macroeconomic indicators June 30, 2025 Macroeconomic indicators June 30, 2025 YoY Inflation: 39.4% YoY Inflation: 39.4% QoQ Inflation: 6.0% QoQ Inflation: 6.0% Official FX A 3500: AR$1,194.08 (+11.1% QoQ, +30.9% YoY) Official FX A 3500: AR$1,194.08 (+11.1% QoQ, +30.9% YoY) TAMAR: 33% APR TAMAR: 33% APR ––38.4% APY 38.4% APY Net Income Net Income ((AR$ billionAR$ billion, , INFLATION ADJUSTED)INFLATION ADJUSTED) Operating Income Operating Income((AR$ billionAR$ billion, , INFLATION ADJUSTED)INFLATION ADJUSTED) ROA ROA(%, QUARTERLY ANNUALIZED)(%, QUARTERLY ANNUALIZED) (%, ACCUMULATED ANNUALIZED) (%, ACCUMULATED ANNUALIZED) 2Q24 2Q24 1Q25 1Q25 2Q25 2Q25 ROE ROE(%, QUARTERLY ANNUALIZED)(%, QUARTERLY ANNUALIZED) (%, ACCUMULATED ANNUALIZED) (%, ACCUMULATED ANNUALIZED) - -350 bps350 bps - -150 bps150 bps - -32%32% - -70%70% - -1.190 bps1.190 bps - -370 bps370 bps - -20.9% QoQ20.9% QoQ +11.4% YoY +11.4% YoY +3.1% QoQ +3.1% QoQ - -37.4% YoY37.4% YoY +42.3% QoQ +42.3% QoQ +149.5% YoY +149.5% YoY +7.5% QoQ +7.5% QoQ +1.1% YoY +1.1% YoY +20 bps QoQ +20 bps QoQ - -31%31% - -34%34% 1H25 1H25HighlightsHighlights NET INTEREST INCOME NET INTEREST INCOME Improvement in operating expenses, both Improvement in operating expenses, both personnel benefits and administrative personnel benefits and administrative expenses expenses OPERATING EXPENSES OPERATING EXPENSES EFFICIENCY RATIO\* (%) EFFICIENCY RATIO\* (%) 56.4 56.4% % in 2Q25in 2Q25 Loan loss allowances impacted by loan Loan loss allowances impacted by loan book growth which generates book growth which generates higher higher provisioningprovisioning 246.1 246.1bnbn LOAN LOSS ALLOWANCES LOAN LOSS ALLOWANCES 1 1 3 3 2 2 1.17 1.17tntn FINANCIAL MARGIN FINANCIAL MARGIN 228.6 228.6 bnbn 932.3 932.3 bnbn Operating expenses: Personnel benefits + Administrative expenses + Depreciation & Amortization + Other operating expenses Operating expenses: Personnel benefits + Administrative expenses + Depreciation & Amortization + Other operating expenses Financial margin: Net income from financial instruments at FV through P&L + Net loss from write Financial margin: Net income from financial instruments at FV through P&L + Net loss from write--down of assets at amortized costdown of assets at amortized costand fair value through OCI + Foreign exchange and gold gainsand fair value through OCI + Foreign exchange and gold gains \*Quarterly efficiency ratio \*Quarterly efficiency ratio \*\*Adjusted NIM: (Quarterly Net Interest Income \*\*Adjusted NIM: (Quarterly Net Interest Income --Net Monetary Position Results) / Average quarterly interest earning assets.Net Monetary Position Results) / Average quarterly interest earning assets. 2H25 Net 2H25 Net IncomeIncome - -48.2% YoY48.2% YoY - -11.2% YoY11.2% YoY +140.4% YoY +140.4% YoY - -5.8% YoY5.8% YoY Highlights Highlights 2Q25 Earnings Release 2Q25 Earnings Release Macroeconomic indicators June 30, 2025 Macroeconomic indicators June 30, 2025 YoY Inflation: 39.4% YoY Inflation: 39.4% QoQ Inflation: 6.0% QoQ Inflation: 6.0% Official FX A 3500: AR$1,194.08 (+11.1% QoQ, +30.9% YoY) Official FX A 3500: AR$1,194.08 (+11.1% QoQ, +30.9% YoY) TAMAR: 33% APR TAMAR: 33% APR ––38.4% APY 38.4% APY Highlights 2Q25 & 1H25 Highlights 2Q25 & 1H25 +10 bps QoQ +10 bps QoQ Lower interest income Lower interest income offset by positive offset by positive effect in monetary position resultseffect in monetary position resultsamid amid transitional year of macroeconomic transitional year of macroeconomic normalization normalization The Bank continues to show sustained growth capacity with The Bank continues to show sustained growth capacity with stable NIMs, even improving when the inflation loss effect is stable NIMs, even improving when the inflation loss effect is discounted. There has also been significant progress in the dollar discounted. There has also been significant progress in the dollar segment.segment. Adjusted NIM\*\* Adjusted NIM\*\* (INFLATION ADJUSTED) (INFLATION ADJUSTED) NIM Evolution NIM Evolution (INFLATION ADJUSTED) (INFLATION ADJUSTED) NPL & COVERAGE NPL & COVERAGE PRIVATE LOANS PRIVATE LOANS PRIVATE DEPOSITS PRIVATE DEPOSITS PRIVATE DEPOSITS MARKET SHARE\* PRIVATE DEPOSITS MARKET SHARE\* \*Based on daily information from BCRA. Capital balance as of last day of every quarter \*Based on daily information from BCRA. Capital balance as of last day of every quarter Savings account includes special saving accounts and Checking accounts include interest Savings account includes special saving accounts and Checking accounts include interest--bearing checking accounts.bearing checking accounts. (AR$ BILLION, INFLATION ADJUSTED) (AR$ BILLION, INFLATION ADJUSTED) Real growth with higher commercial activity Real growth with higher commercial activity (%, CONSOLIDATED, (%, CONSOLIDATED, INFLATION ADJUSTEDINFLATION ADJUSTED)) C Cost of Risk: Current period loan loss allowances / Total average loans. ost of Risk: Current period loan loss allowances / Total average loans. Total average loans calculated as the average between loans at prior period end, and total loans in Total average loans calculated as the average between loans at prior period end, and total loans in the current period.the current period. Source: Informe sobre bancos, BCRA, May 2025. Source: Informe sobre bancos, BCRA, May 2025. Higher market share in the quarter & year Higher market share in the quarter & year PRIVATE LOAN AND DEPOSITS MARKET SHARE % PRIVATE LOAN AND DEPOSITS MARKET SHARE % vs 2019 vs 2019 TOTAL GROSS LOANS / TOTAL DEPOSITS TOTAL GROSS LOANS / TOTAL DEPOSITS \* RPC includes 100% of quarterly results \* RPC includes 100% of quarterly results CAPITAL RATIO % CAPITAL RATIO % (AR$ BILLION, INFLATION ADJUSTED) (AR$ BILLION, INFLATION ADJUSTED) \*Based on daily information from BCRA. Capital balance as of last day of every quarter. Consolidates PSA, \*Based on daily information from BCRA. Capital balance as of last day of every quarter. Consolidates PSA, VWFS & Rombo.VWFS & Rombo. Retail: consumer, mortgages, credit cards, pledge and loans to personnel. Retail: consumer, mortgages, credit cards, pledge and loans to personnel. Commercial: discounted instruments, overdrafts, financial leases, financing and prefinancing of exports, Commercial: discounted instruments, overdrafts, financial leases, financing and prefinancing of exports, other loans.other loans. BBVA loans BBVA loans BBVA deposits BBVA deposits Highlights 2Q25 & 1H25 Highlights 2Q25 & 1H25 67% 67%85% 88%85% 88% 7.50% 9.15% 7.50% 9.15%9.64%9.64% 70% 48% 70% 48%49%49% TOTAL LIQUID ASSETS/ TOTAL DEPOSITS TOTAL LIQUID ASSETS/ TOTAL DEPOSITS 10.54% 11.26% 10.54% 11.26%11.61%11.61% PRIVATE LOANS MARKET SHARE\* PRIVATE LOANS MARKET SHARE\* +110% +110% +16% +16% +64% +64% +12% +12% +390 +390 bpsbps +250 +250 bpsbps System NPL System NPL 2.55% 2.55%\*\*May 25May25 BBVA loans BBVA loans BBVA deposits BBVA deposits 11,5% 11,5% 8% 8% RETAIL DIGITAL AND MOBILE ACTIVE CLIENTS RETAIL DIGITAL AND MOBILE ACTIVE CLIENTS (MILLIONS)(MILLIONS) Transformation Transformation RETAIL DIGITAL SALES RETAIL DIGITAL SALES (% OF TOTAL ACCUMULATED ANNUAL SALES, % OF TOTAL SALES (% OF TOTAL ACCUMULATED ANNUAL SALES, % OF TOTAL SALES YTD)YTD) NEW CUSTOMER ACQUISITION NEW CUSTOMER ACQUISITION THOUSANDS, % OF ACQUISITION THROUGH DIGITAL CHANNELS OVER THOUSANDS, % OF ACQUISITION THROUGH DIGITAL CHANNELS OVER TRADITIONAL ONESTRADITIONAL ONES ACTIVE CLIENTS ACTIVE CLIENTS IN THOUSANDS IN THOUSANDS Digital Digital AcquisitionAcquisition +100 +100 bpsbps 2Q24 2Q24 VS.VS.2Q252Q25 +11% YoY +11% YoY +7% YoY +7% YoY +5% +5% SMEs SMEs +13% YoY +13% YoY Highlights 2Q25 & 1H25 Highlights 2Q25 & 1H25 Digital sales: % of sales done through digital channels and ATM over total sales. PRV: Product Relative value for the Retail Digital sales: % of sales done through digital channels and ATM over total sales. PRV: Product Relative value for the Retail SegSegment, used as a proxy for economic value. Transactions (units) are weighted by a ment, used as a proxy for economic value. Transactions (units) are weighted by a simplified NPV calculated for each product category in order to weight their contribution to the digital sales. Figures have simplified NPV calculated for each product category in order to weight their contribution to the digital sales. Figures have beebeen restated in order to include credit card related financing solutions and FX.n restated in order to include credit card related financing solutions and FX. Active clients: holders of at least one active product. Subgroup of total clients that comply with the requirements of being Active clients: holders of at least one active product. Subgroup of total clients that comply with the requirements of being an an account holder with a positive business volume in the last three months. Does not include account holder with a positive business volume in the last three months. Does not include joint account. Excludes clients with arreas. SMEs includes entrepreneurs.joint account. Excludes clients with arreas. SMEs includes entrepreneurs. Digital customers: number of retail clients that have logged in any of the bank's digital platforms at least once during each Digital customers: number of retail clients that have logged in any of the bank's digital platforms at least once during eachofofthe last 3 months.the last 3 months. Mobile customers: number of retail clients that have logged in the bank's mobile app at least once during each of the last 3 Mobile customers: number of retail clients that have logged in the bank's mobile app at least once during each of the last 3momonths. It is a subnths. It is a sub--group of digital customers.group of digital customers. 2Q25 Earnings Release 2Q25 Earnings Release

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**Banco BBVA Argentina S.A. announces Second Quarter 2025 results**

**Buenos Aires, August 20, 2025** – Banco BBVA Argentina S.A (NYSE; BYMA; MAE: BBAR; LATIBEX: XBBAR) ("BBVA Argentina" or "BBVA" or "the Bank") announced today its consolidated results for the second quarter (2Q25), ended on June 30, 2025. As of January 1, 2020, the Bank started to inform its inflation adjusted results pursuant to IAS 29 reporting. To facilitate comparison, figures of comparable quarters of 2024 and 2025 have been updated according to IAS 29 reporting to reflect the accumulated effect of inflation adjustment for each period up to June 30, 2025.

**2Q25 & 1H25 Highlights**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· BBVA Argentina's inflation-adjusted
net income in 2Q25 was $59.6 billion, 31.1% lower than the $86.5 billion reported on the first quarter of 2025 (1Q25), and 62.1% lower
than the $157.4 billion reported on the second quarter of 2024 (2Q24). The 6 month accumulated net income for 2025 was $146.1 billion,
31.7% below the $213.8 billion reported in the same period of 2024.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· In 2Q25, BBVA Argentina posted an inflation adjusted average return on assets (ROAA)
of 1.2% versus 2.0% the prior quarter, and an inflation adjusted average return on equity (ROAE) of 7.6% versus 11.4% the prior quarter.
The six-month accumulated ROA for 2025 was 1.5% versus 3.0% in 2024, while the ROE was 9.6% versus 13.3% in 2024.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The 2Q25 total NIM was 19.1% versus 19.2% in 1Q25. NIM in local currency was 21.7%
and NIM in USD was 5.4%, the former remaining stable from 1Q25's 21.8% and the latter improving significantly from 3.9% in the prior
quarter.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· In terms of activity, total consolidated financing to the private sector in 2Q25
totaled $11.3 trillion, increasing 15.7% in real terms compared to 1Q25, and 109.6% compared to 2Q24. In the quarter, the variation was
driven by an overall growth in all lines, especially in *prefinancing and financing of exports* by 23.5%, in *overdrafts* by
34.6% and in *other loans* by 25.2%. BBVA's consolidated market share of private sector loans reached 11.61% as of 2Q25, gaining
35 bps quarter-over-quarter (QoQ), and 107 bps year-over-year (YoY).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Total consolidated deposits in 2Q25 totaled $13.0 trillion, increasing 12.0% in
real terms during the quarter, and 60.8% YoY. Quarterly increase was mainly explained by an increment in time deposits by 36.3%, and in
savings accounts by 11.6%, the latter mainly due to deposits in foreign currency. The Bank's consolidated market share of private
deposits reached 9.64% as of 2Q25 increasing 49 bps QoQ and 214 bps YoY.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· As of 2Q25, the non-performing loan ratio (NPL) reached 2.28%, with a 115.5% coverage
ratio.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The quarterly efficiency ratio in 2Q25 was 56.5%, remaining relatively stable compared to 1Q25's 56.3%.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· As of 2Q25, BBVA Argentina reached a regulatory capital ratio of 18.4% (Tier 1:
18.4%), entailing a 123.9% excess over minimum regulatory requirement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Total liquid assets represented 48.7%
of the Bank's total deposits as of 2Q25.

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| ![](bbarpr2q256k_006.jpg) | 2Q25 Earnings Release | p.2 |

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**Message from the CFO**

*"The macroeconomic normalization process has continued in recent months. The sustained fiscal balance, along with a tight monetary policy and the gradual relaxation of foreign exchange restrictions, have been key factors in anchoring expectations and solidifying a significant disinflationary trend since 2024, which has continued during the first half of 2025. In this context of stabilization, despite some recent signs of a slowdown in the pace of economic recovery, GDP growth is projected to be 5.5% YoY in 2025, according to BBVA Research. This not only reverses the 1.7% drop in 2024 but also surpasses previous highs reached in past years. As a result of these improvements, our base case scenario contemplates that the disinflationary convergence will strengthen, with a YoY inflation rate that will be close to 28% by the end of 2025.*

*Within the framework of a new agreement with the International Monetary Fund during the second quarter of the year, on April 14, 2025, the lifting of a large part of the remaining exchange controls was announced, along with the implementation of a wide-band floating exchange rate scheme. This has positively impacted our results, with increased foreign currency trading activity and gains from gold and foreign currency valuation. These regulatory changes will also boost cross-border credit flows and investments in the country.*

*During the first half of 2025, BBVA Argentina accelerated its growth in the credit segment, consistently outperforming the market. The bank's market share of total private loans in all currencies rose 107 bps from 10.54% in June 2024 to 11.61% in June 2025. As of March 2025, BBVA Argentina was positioned third in the ranking of local privately owned banks in terms of consolidated private loans. Our peso loan portfolio expanded by 43% **<sup>1</sup>** year-to-date, a pace faster than the system's 39% and the six-month accumulated inflation level, which reached 15.1% in June 2025.*

*As for total private deposits in all currencies, the system grew 17% in the first six months of 2025, while the Bank grew 32%, surpassing the level of inflation in both cases. BBVA Argentina's consolidated market share of total private deposits was 9.64%, 215 bps higher than the 7.50% of the previous year. According to the latest quarterly data available from the Central Bank as of March 2025, BBVA Argentina remained in third place in the ranking of local privately owned banks in terms of consolidated private sector deposits.*

*The Bank's result in 2Q25 was $59.6 billion, with a ROE of 7.6%. We are leveraged by active pricing management, careful portfolio management, and strict cost control, which has allowed us to navigate a context of higher provisions and non-performing loans while driving activity growth.*

*Regarding asset quality, BBVA Argentina's non-performing loan ratio on private loans reached 2.28% in June 2025, a figure that remains below the system average (2.55% as of May 2025, the latest available data). While some deterioration has been observed in a scenario of significant credit expansion, primarily concentrated in the retail segment, this increase starts from historically low levels. The current non-performing loan levels continue to be below the average of the local financial system over the last 20 years. BBVA is distinguished by consistently having non-performing loan ratios below the sector average, which reflects the quality of its credit risk management and its prudent approach to portfolio origination.*

*On the liquidity and solvency indicator side, the Bank closes the quarter with values of 48.7% and 18.4% respectively, both at comfortable levels relative to prudential standards. It is worth noting that during the first quarter of 2025, the Central Bank implemented changes for the requirements for Operational and Credit Risk, which are now aligned with those of Basel IV.*

*In line with our commitment to generating value for our shareholders, the Bank has announced the distribution of cash or in-kind dividends corresponding to the 2024 fiscal year, for the sum of $89.4 billion expressed in homogeneous currency as of December 31, 2024. This amount will be adjusted by the Consumer Price Index on the date of each of the 10 payments to be made, with the first two payments already successfully completed."*

***Carmen Morillo Arroyo, CFO at BBVA Argentina***

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***<sup>1</sup>****Source: BCRA information reporting siscen as of June 30, 2025. Capital balances as of the last day of each the period, in nominal terms.*

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| ![](bbarpr2q256k_006.jpg) | 2Q25 Earnings Release | p.3 |

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**Safe Harbor Statement**

*This press release contains certain forward-looking statements that reflect the current views and/or expectations of Banco BBVA Argentina and its management with respect to its performance, business and future events. We use words such as "believe," "anticipate," "plan," "expect," "intend," "target," "estimate," "project," "predict," "forecast," "guideline," "seek," "future," "should" and other similar expressions to identify forward-looking statements, but they are not the only way we identify such statements. Such statements are subject to a number of risks, uncertainties and assumptions. We caution you that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in this release. Actual results, performance or events may differ materially from those in such statements due to, without limitation, (i) changes in general economic, financial, business, political, legal, social or other conditions in Argentina or elsewhere in Latin America or changes in either developed or emerging markets, (ii) changes in regional, national and international business and economic conditions, including inflation, (iii) changes in interest rates and the cost of deposits, which may, among other things, affect margins, (iv) unanticipated increases in financing or other costs or the inability to obtain additional debt or equity financing on attractive terms, which may limit our ability to fund existing operations and to finance new activities, (v) changes in government regulation, including tax and banking regulations, (vi) changes in the policies of Argentine authorities, (vii) adverse legal or regulatory disputes or proceedings, (viii) competition in banking and financial services, (ix) changes in the financial condition, creditworthiness or solvency of the customers, debtors or counterparties of Banco BBVA Argentina, (x) increase in the allowances for loan losses, (xi) technological changes or an inability to implement new technologies, (xii) changes in consumer spending and saving habits, (xiii) the ability to implement our business strategy and (xiv) fluctuations in the exchange rate of the Peso. The matters discussed herein may also be affected by risks and uncertainties described from time to time in Banco BBVA Argentina's filings with the U.S. Securities and Exchange Commission (SEC) and Comisión Nacional de Valores (CNV). Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as the date of this document. Banco BBVA Argentina is under no obligation and expressly disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.*

**Information**

*This earnings release has been prepared in accordance with the accounting framework established by the Central Bank of Argentina ("BCRA"), based on International Financial Reporting Standards ("I.F.R.S.") and the resolutions adopted by the International Accounting Standards Board ("I.A.S.B") and by the Federación Argentina de Consejos Profesionales de Ciencias Económicas ("F.A.C.P.E."), and with the the exclusion of the application of the IFRS 9 impairment model for non-financial public sector debt instruments.*

*The information in this press release contains unaudited financial information that consolidates, line item by line item, all of the banking activities of BBVA Argentina, including: BBVA Asset Management Argentina S.A., Consolidar AFJP-undergoing liquidation proceeding, PSA Finance Argentina Compañía Financiera S.A. ("PSA") and Volkswagen Financial Services Compañía Financiera S.A ("VWFS").*

*BBVA Seguros Argentina S.A. is disclosed on a consolidated basis recorded as Investments in associates (reported under the proportional consolidation method), and the corresponding results are reported as "Income from associates"), same as Rombo Compañía Financiera S.A. ("Rombo"), Play Digital S.A. ("MODO"), Openpay Argentina S.A. and Interbanking S.A.*

*Financial statements of subsidiaries have been elaborated as of the same dates and periods as Banco BBVA Argentina S.A.'s. In the case of consolidated companies PSA and VWFS, financial statements were prepared considering the B.C.R.A. accounting framework for institutions belonging to "Group C", considering the model established by the IFRS 9 5.5. "Impairment" section for periods starting as of January 1, 2022, excluding debt instruments from the non-financial public sector.*

*The information published by the BBVA Group for Argentina is prepared according to IFRS, without considering the temporary exceptions established by BCRA.*

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| ![](bbarpr2q256k_006.jpg) | 2Q25 Earnings Release | p.4 |

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**Quarterly Results**

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|:---|:---|:---|:---|:---|:---|
| | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| |  |  |  | **∆ %** | **∆ %** |
| **INCOME STATEMENT**<br>**In millions of AR$ - Inflation adjusted** | **2Q25** | **1Q25** | **2Q24** | **QoQ** | **YoY** |
| **Net Interest Income** | **591812** | **573876** | **946053** | **3.1%** | **(37.4%)** |
| **Net Fee Income** | **94053** | **105792** | **81978** | **(11.1%)** | **14.7%** |
| Net income from measurement of financial instruments at fair value through P&L | &nbsp;&nbsp;&nbsp;&nbsp;47051 | &nbsp;&nbsp;&nbsp;&nbsp;34137 | &nbsp;&nbsp;&nbsp;&nbsp;43216 | 37.8% | &nbsp;&nbsp;&nbsp;&nbsp;8.9% |
| Net income from write-down of assets at amortized cost and at fair value through OCI | (294) | &nbsp;&nbsp;&nbsp;&nbsp;84961 | &nbsp;&nbsp;&nbsp;&nbsp;19058 | (100.3%) | (101.5%) |
| Foreign exchange and gold gains | &nbsp;&nbsp;&nbsp;&nbsp;54216 | 8623 | &nbsp;&nbsp;&nbsp;&nbsp;28353 | n.m | 91.2% |
| Other operating income | &nbsp;&nbsp;&nbsp;&nbsp;37590 | &nbsp;&nbsp;&nbsp;&nbsp;41143 | &nbsp;&nbsp;&nbsp;&nbsp;39961 | (8.6%) | (5.9%) |
| Loan loss allowances | &nbsp;&nbsp;&nbsp;&nbsp;(144524) | &nbsp;&nbsp;&nbsp;&nbsp;(101593) | (57930) | &nbsp;&nbsp;&nbsp;&nbsp;(42.3%) | (149.5%) |
| **Net operating income** | **679904** | **746939** | **1100689** | **(9.0%)** | **(38.2%)** |
| Personnel benefits | &nbsp;&nbsp;&nbsp;&nbsp;(141785) | &nbsp;&nbsp;&nbsp;&nbsp;(128474) | &nbsp;&nbsp;&nbsp;&nbsp;(152882) | &nbsp;&nbsp;&nbsp;&nbsp;(10.4%) | &nbsp;&nbsp;&nbsp;&nbsp;7.3% |
| Adminsitrative expenses | &nbsp;&nbsp;&nbsp;&nbsp;(147656) | &nbsp;&nbsp;&nbsp;&nbsp;(155145) | &nbsp;&nbsp;&nbsp;&nbsp;(163300) | &nbsp;&nbsp;&nbsp;&nbsp;4.8% | &nbsp;&nbsp;&nbsp;&nbsp;9.6% |
| Depreciation and amortization | (23587) | (22029) | (25011) | (7.1%) | &nbsp;&nbsp;&nbsp;&nbsp;5.7% |
| Other operating expenses | &nbsp;&nbsp;&nbsp;&nbsp;(170037) | &nbsp;&nbsp;&nbsp;&nbsp;(143663) | &nbsp;&nbsp;&nbsp;&nbsp;(136734) | &nbsp;&nbsp;&nbsp;&nbsp;(18.4%) | &nbsp;&nbsp;&nbsp;&nbsp;(24.4%) |
| **Operarting expenses** | **(483065)** | **(449311)** | **(477927)** | **(7.5%)** | **(1.1%)** |
| **Operating income** | **196839** | **297628** | **622762** | **(33.9%)** | **(68.4%)** |
| Income from associates | 4035 | 784 | 3471 | 414.7% | 16.2% |
| Income from net monetary position | &nbsp;&nbsp;&nbsp;&nbsp;(111015) | &nbsp;&nbsp;&nbsp;&nbsp;(158641) | &nbsp;&nbsp;&nbsp;&nbsp;(377574) | 30.0% | 70.6% |
| **Net income before income tax** | **89859** | **139771** | **248659** | **(35.7%)** | **(63.9%)** |
| Income tax | (30243) | (53256) | (91270) | 43.2% | 66.9% |
| **Net income for the period** | **59616** | **86515** | **157389** | **(31.1%)** | **(62.1%)** |
| **Owners of the parent** | **55356** | **83148** | **154769** | **(33.4%)** | **(64.2%)** |
| **Non-controlling interests** | **4260** | **3367** | **2620** | **26.5%** | **62.6%** |
| **Other comprehensive Income (OCI) (1)** | **(8277)** | **(116448)** | **(146051)** | **92.9%** | **94.3%** |
| **Total comprehensive income** | **51339** | **(29933)** | **11338** | **271.5%** | **352.8%** |
| (1) Net of Income Tax. |  |  |  |  |  |

---

BBVA Argentina 2Q25 net income was $59.6 billion, decreasing 31.1% or $26.9 billion QoQ and 62.1% or $97.8 billion YoY. This implied a quarterly ROAE of 7.6% and a quarterly ROAA of 1.2%.

The 33.9% decrease in quarterly operating results was mainly explained by lower operating income. Lower income was mainly due to (i) a drop in the line of net income from write-down of assets at amortized cost and through Other Operating Income (OCI), explained by the voluntary exchange of bonds promoted by the Government in January 2025 which reflected a positive result from the write-down of securities, and (ii) a deterioration in loan loss allowances. These were positively offset by better income in foreign exchange and gold gains, explained by an increase in activity after the partial lift of FX controls on April 14, 2025.

On the side of expenses, improvements are observed in administrative expenses, offset by an increase in personnel benefits and other operating expenses.

Net income from the net monetary position was 30.0% lower QoQ, thanks to a lower quarterly inflation (6.0%<sup>2</sup> versus 8.6% in 1Q25).

------

***<sup>2</sup>*** *Source: Instituto Nacional de Estadística y Censos (INDEC)*

---

| | | |
|:---|:---|:---|
| ![](bbarpr2q256k_006.jpg) | 2Q25 Earnings Release | p.5 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| |  |  |  | **∆ %** | **∆ %** |
| **OTHER COMPREHENSIVE INCOME**<br>**In millions of AR$ - Inflation adjusted** | **2Q25** | **1Q25** | **2Q24** | **QoQ** | **YoY** |
| **Net income for the period** | **59616** | **86515** | **157389** | **(31.1%)** | **(62.1%)** |
| **Other comprehensive income components to be reclassified to income/(loss) for the period** | **Other comprehensive income components to be reclassified to income/(loss) for the period** | **Other comprehensive income components to be reclassified to income/(loss) for the period** |  |  |  |
| **Profit or losses from financial isntruments at fair value through OCI** | **(9395)** | **(118184)** | **(145768)** | **92.1%** | **93.6%** |
| Profit or losses from financial instruments at fair value through OCI | (14748) | (96860) | &nbsp;&nbsp;&nbsp;&nbsp;(215575) | 84.8% | 93.2% |
| Reclassification adjustment for the period | 294 | (84961) | (17570) | 100.3% | 101.7% |
| Income tax | 5059 | &nbsp;&nbsp;&nbsp;&nbsp;63637 | &nbsp;&nbsp;&nbsp;&nbsp;87377 | &nbsp;&nbsp;&nbsp;&nbsp;(92.1%) | &nbsp;&nbsp;&nbsp;&nbsp;(94.2%) |
| **Other comprehensive income coponents not to be reclassified to income/(loss) for the period** | **Other comprehensive income coponents not to be reclassified to income/(loss) for the period** | **Other comprehensive income coponents not to be reclassified to income/(loss) for the period** |  |  |  |
| **Income or loss on equity instruments at fair value through OCI** | **1118** | **1736** | **(283)** | **(35.6%)** | **495.1%** |
| Resultado por instrumentos de patrimonio a VR con cambios en ORI | 1118 | 1736 | (283) | &nbsp;&nbsp;&nbsp;&nbsp;(35.6%) | 495.1% |
| **Total Other Comprehensive Income/(loss) for the period** | **(8277)** | **(116448)** | **(146051)** | **92.9%** | **94.3%** |
| **Total Comprehensive Income** | **51339** | **(29933)** | **11338** | **271.5%** | **352.8%** |
| **Attributable to owners of the Parent** | **47079** | **(33300)** | **9130** | **241.4%** | **415.7%** |
| **Attributable to non-controlling interests** | **4260** | **3367** | **2208** | **26.5%** | **92.9%** |

---

Lastly, total OCI in 2Q25 reported an $8.3 billion loss, 92.9% lower than the loss recorded on 1Q25, reflecting the impact of higher rates and spreads over the sovereign securities portfolio. Thus, total comprehensive income for the period in 2Q25 was $51.3 billion.

---

| | | |
|:---|:---|:---|
| ![](bbarpr2q256k_006.jpg) | 2Q25 Earnings Release | p.6 |

---

**6 Month Accumulated Results**

---

| | | | |
|:---|:---|:---|:---|
| | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| **INCOME STATEMENT - 6** MONTH ACCUMULATED<br>**In millions of AR$ - Inflation adjusted** | **2025** | **2024** | **∆ %** |
| Interest income | &nbsp;&nbsp;&nbsp;&nbsp;2023849 | &nbsp;&nbsp;&nbsp;&nbsp;3467165 | (41.6%) |
| Interest expense | (858161) | (1218894) | &nbsp;&nbsp;&nbsp;&nbsp;29.6% |
| **Net interest income** | **1165688** | **2248271** | **(48.2%)** |
| Fee income | &nbsp;&nbsp;&nbsp;&nbsp;368006 | &nbsp;&nbsp;&nbsp;&nbsp;314715 | &nbsp;&nbsp;&nbsp;&nbsp;16.9% |
| Fee expenses | (168161) | (149251) | (12.7%) |
| **Net fee income** | **199845** | **165464** | **20.8%** |
| Net income from financial instruments at fair value through P&L | 81188 | 89289 | &nbsp;&nbsp;&nbsp;&nbsp;(9.1%) |
| Net loss from write-down of assets at amortized cost and fair value through OCI | 84667 | &nbsp;&nbsp;&nbsp;&nbsp;123075 | (31.2%) |
| Foreign exchange and gold gains | 62839 | 45263 | &nbsp;&nbsp;&nbsp;&nbsp;38.8% |
| Other operating income | 78733 | 86879 | &nbsp;&nbsp;&nbsp;&nbsp;(9.4%) |
| Loan loss allowances | (246117) | (102364) | (140.4%) |
| **Net operating income** | **1426843** | **2655877** | **(46.3%)** |
| Personnel benefits | (270259) | (301339) | &nbsp;&nbsp;&nbsp;&nbsp;10.3% |
| Administrative expenses | (302801) | (334003) | 9.3% |
| Depreciation and amortization | &nbsp;&nbsp;&nbsp;&nbsp;(45616) | (42005) | &nbsp;&nbsp;&nbsp;&nbsp;(8.6%) |
| Other operating expenses | (313700) | (312392) | &nbsp;&nbsp;&nbsp;&nbsp;(0.4%) |
| **Operating expenses** | **(932376)** | **(989739)** | **5.8%** |
| **Operating income** | **494467** | **1666138** | **(70.3%)** |
| Income from associates and joint ventures | 4819 | &nbsp;&nbsp;&nbsp;&nbsp;(1299) | 471.0% |
| Income from net monetary position | (269656) | (1320193) | &nbsp;&nbsp;&nbsp;&nbsp;79.6% |
| **Income before income tax** | **229630** | **344646** | **(33.4%)** |
| Income tax | &nbsp;&nbsp;&nbsp;&nbsp;(83499) | (130804) | &nbsp;&nbsp;&nbsp;&nbsp;36.2% |
| **Income for the period** | **146131** | **213842** | **(31.7%)** |
| **Owners of the parent** | **138504** | **212256** | **(34.7%)** |
| **Non-controlling interests** | **7627** | **1586** | **380.9%** |
| **Other comprehensive Income (OCI) (1)** | **(124725)** | **(259481)** | **51.9%** |
| **Total comprehensive income** | **21406** | **(45639)** | **146.9%** |
| (1) Net of Income Tax. |  |  |  |

---

In the first six months of 2025, BBVA Argentina reported a net income of $146.1 billion, 31.7% lower than the $213.8 billion reported in the same period of 2024. This implied an accumulated ROE of 9.6% and an ROA of 1.5%, compared to an accumulated ROE of 13.3% and ROA of 3.0% for the first six months of 2024.

The decrease in the Bank's results is explained mainly by an increase in loan loss allowances, as the net interest income line fall is mostly offset by lower costs in the income from net monetary position line.

---

| | | |
|:---|:---|:---|
| ![](bbarpr2q256k_006.jpg) | 2Q25 Earnings Release | p.7 |

---

Lastly, accumulated OCI for the first 6 months of 2025 totaled a loss of $124.7 billion, mainly due to the result from financial instruments at FV through OCI, especially due to the change in valuation of the CPI-linked bonds portfolio. This, accumulated total comprehensive income for the first 6 months of 2025 was $21.4 billion.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| |  |  |  | **∆ %** | **∆ %** |
| **EARNINGS PER SHARE** | **2Q25** | **1Q25** | **2Q24** | **QoQ** | **YoY** |
| **Financial Statement information** | | | | | |
| Net income for the period attributable to owners of the parent (in AR$ millions, inflation adjusted) | &nbsp;&nbsp;&nbsp;&nbsp;55356 | &nbsp;&nbsp;&nbsp;&nbsp;78432 | 111009 | &nbsp;&nbsp;&nbsp;&nbsp;(29.4%) | &nbsp;&nbsp;&nbsp;&nbsp;(50.1%) |
| Total shares outstanding <sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;612710079 | &nbsp;&nbsp;&nbsp;&nbsp;612710079 | &nbsp;&nbsp;&nbsp;&nbsp;612710079 |  |  |
| **Market information** |  |  |  |  |  |
| Closing price of ordinary share at BYMA (in AR$) | &nbsp;&nbsp;&nbsp;&nbsp;6564.00 | &nbsp;&nbsp;&nbsp;&nbsp;7950.00 | &nbsp;&nbsp;&nbsp;&nbsp;4189.00 | &nbsp;&nbsp;&nbsp;&nbsp;(17.4%) | 56.7% |
| Closing price of ADS at NYSE (in USD) | 16.46 | 18.12 | 8.85 | &nbsp;&nbsp;&nbsp;&nbsp;(11.1%) | 77.8% |
| **Book value per share (in AR$)** | **4790** | **4598** | **3441** | **4.2%** | **39.2%** |
| **Price-to-book ratio (BYMA price) (%)** | **1.37** | **1.73** | **1.22** | **(20.7%)** | **12.6%** |
| **Earnings per share (in AR$)** | **90** | **128** | **181** | **(29.4%)** | **(50.1%)** |
| **Earnings per ADS (1) in ARS** | **271** | **384** | **544** | **(29.4%)** | **(50.1%)** |
| **Market Cap (USD millions)** | **3268** | **3676** | **1838** | **(11.1%)** | **77.8%** |
| (1) Each ADS accounts for 3 ordinary shares |  |  |  |  |  |
| Book value, Equity and Results not adjusted by inflation |  |  |  |  |  |

---

---

| | | |
|:---|:---|:---|
| ![](bbarpr2q256k_006.jpg) | 2Q25 Earnings Release | p.8 |

---

**Net Interest Income**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| |  |  |  | **∆ %** | **∆ %** |
| **NET INTEREST INCOME**<br>**In millions of AR$ - Inflation adjusted** | **2Q25** | **1Q25** | **2Q24** | **QoQ** | **YoY** |
| **Net Interest Income** | **591812** | **573876** | **946053** | **3.1%** | **(37.4%)** |
| **Interest Income** | **1050574** | **973275** | **1356991** | **7.9%** | **(22.6%)** |
| From government securities | 112695 | 179323 | 194356 | &nbsp;&nbsp;&nbsp;&nbsp;(37.2%) | &nbsp;&nbsp;&nbsp;&nbsp;(42.0%) |
| From private securities | &nbsp;&nbsp;&nbsp;&nbsp;667 | &nbsp;&nbsp;&nbsp;&nbsp;761 | &nbsp;&nbsp;&nbsp;&nbsp;1272 | &nbsp;&nbsp;&nbsp;&nbsp;(12.4%) | &nbsp;&nbsp;&nbsp;&nbsp;(47.6%) |
| Interest from loans and other financing | 783592 | 676542 | 521126 | 15.8% | 50.4% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Financial Sector* | *10949* | *6943* | *3807* | *57.7%* | *187.6%* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Overdrafts* | *87620* | *63443* | *88679* | *38.1%* | *(1.2%)* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Discounted Instruments* | *182616* | *176298* | *142538* | *3.6%* | *28.1%* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Mortgage loans* | *6915* | *5528* | *6739* | *25.1%* | *2.6%* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Pledge loans* | *27040* | *25026* | *13924* | *8.0%* | *94.2%* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Consumer Loans* | *171556* | *146049* | *73105* | *17.5%* | *134.7%* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Credit Cards* | *164639* | *152165* | *130218* | *8.2%* | *26.4%* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Financial leases* | *3416* | *3476* | *3714* | *(1.7%)* | *(8.0%)* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Loans for the prefinancing and financing of exports* | *20498* | *12111* | *3434* | *69.3%* | *496.9%* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Other loans* | *108343* | *85503* | *54968* | *26.7%* | *97.1%* |
| Premiums on reverse REPO transactions | 9 | &nbsp;&nbsp;&nbsp;&nbsp;- | 205721 | N/A | (100.0%) |
| CER/UVA clause adjustment | 147400 | 113288 | 432472 | 30.1% | &nbsp;&nbsp;&nbsp;&nbsp;(65.9%) |
| Other interest income | &nbsp;&nbsp;&nbsp;&nbsp;6211 | &nbsp;&nbsp;&nbsp;&nbsp;3361 | &nbsp;&nbsp;&nbsp;&nbsp;2044 | 84.8% | 203.9% |
| **Interest expenses** | **458762** | **399399** | **410938** | **14.9%** | **11.6%** |
| Deposits | 404438 | 354855 | 339920 | 14.0% | 19.0% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Checking accounts\** | *64923* | *55849* | *67793* | *16.2%* | *(4.2%)* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Savings accounts* | *2210* | *1904* | *6656* | *16.1%* | *(66.8%)* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Time deposits* | *304083* | *235362* | *171563* | *29.2%* | *77.2%* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Investment accounts* | *33222* | *61740* |  | *(46.2%)* | *(64.6%)* |
| Other liabilities from financial transactions | 26834 | 19378 | 15509 | 38.5% | 73.0% |
| Interfinancial loans received | 21021 | 18039 | &nbsp;&nbsp;&nbsp;&nbsp;3459 | 16.5% | n.m |
| Premiums on REPO transactions | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;1613 | 41 | (100.0%) | (100.0%) |
| Guaranteed securities loans | &nbsp;&nbsp;&nbsp;&nbsp;1749 | &nbsp;&nbsp;&nbsp;&nbsp;852 | &nbsp;&nbsp;&nbsp;&nbsp;- | 105.3% | N/A |
| CER/UVA clause adjustment | &nbsp;&nbsp;&nbsp;&nbsp;4720 | &nbsp;&nbsp;&nbsp;&nbsp;4662 | 52009 | &nbsp;&nbsp;&nbsp;&nbsp;1.2% | &nbsp;&nbsp;&nbsp;&nbsp;(90.9%) |
| Other interest expense | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;- | N/A | N/A |
| \*Includes interest-bearing checking accounts |  |  |  |  |  |

---

Net interest income in 2Q25 was $591.8 billion, increasing 3.1% or $17.9 billion QoQ, and falling 37.4% or $354.2 billion YoY. In 2Q25, interest income increased more than interest expenses in monetary terms. The former increased due to an improvement in income from loans and from CER/UVA Adjustments. Expenses increased mainly due to higher deposit costs, in particular due to time deposits.

In 2Q25, interest income totaled $1.05 trillion, increasing 7.9% compared to 1Q25 and falling 22.6% compared to 2Q24. Quarterly increase is mainly driven by (i) higher income from loans, especially consumer loans, overdrafts and other loans, and (ii) higher income from CPI-linked public securities and loans, considering the CPI adjustment impacts with a delay on the subsequent financial statements. This was offset by lower income from public securities.

Income from government securities fell 37.2% compared to 1Q25, and 42.0% compared to 2Q24. 91% of these results correspond to government securities at fair value through OCI, 5% correspond to securities at fair value through P&L, and 4% correspond to securities at amortized cost (2027 National Treasury Bonds at fixed rate, National Treasury Bonds Private 0.70 Badlar Rate maturing on November 2027, and National Treasury Bonds CER 2025, used for reserve requirement integration).

---

| | | |
|:---|:---|:---|
| ![](bbarpr2q256k_006.jpg) | 2Q25 Earnings Release | p.9 |

---

Interest income from loans and other financing totaled $783.6 billion, increasing 15.8% QoQ and 50.4% YoY. Quarterly increase is explained by an overall growth in all credit lines (except financial leases, with very low impact), mainly consumer loans, overdrafts and other loans. In all cases, higher activity boosted a better result, and in the case of overdrafts, improvement in pricing also had a positive effect.

Income from CER/UVA adjustments increased 30.1% QoQ and fell 65.9% YoY. Quarterly increase is explained by (i) greater interests due to UVA adjustments from loans, mainly mortgages, at higher rates, and (ii) income from CPI-linked bonds. It is important to mention that there is a delay with which the inflation adjustment effects are recorded, and impact on the subsequent financial statements. 70% of income from interests from CER/UVA clause adjustments is explained by interests generated by CPI linked bonds while 30% is explained by loans.

Interest expenses totaled $458.8 billion, denoting an increase of 14.9% QoQ and 11.6% YoY. Quarterly increase is explained by higher expenses from time deposits, mainly wholesale, and lower income from investment accounts.

Interests from time deposits (including investment accounts, excluding CER/UVA adjustments from time deposits) explain 73.5% of interest expenses, decreasing versus 74.4% the previous quarter. Time deposit expenses increased 29.2% QoQ and 77.2% YoY.

**NIM**

As of 2Q25, net interest margin (NIM) was 19.1% remaining relatively stable versus 1Q25's 19.2%. NIM in local currency was 21.7% versus 1Q25's 21.8%. NIM in foreign currency was 5,4% versus 3,9% in 1Q25. The slight decrease in NIM is explained by a greater increase in interest-earning assets in US dollars, which lowers the average NIM in total currency. We see the NIM evolution under a positive light, as stabilization of spreads starts to appear compared to the prior year.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| **ASSETS & LIABILITIES PERFORMANCE -** TOTAL<br>**In millions of AR$. Rates and spreads in annualized %** | **2Q25** | **2Q25** | **2Q25** | **1Q25** | **1Q25** | **1Q25** | **2Q25** | **2Q25** | **2Q25** |
|  | **Average Balance** | **Interest Earned/Paid** | **Average Real Rate** | **Average Balance** | **Interest Earned/Paid** | **Average Real Rate** | **Average Balance** | **Interest Earned/Paid** | **Average Real Rate** |
| **Total interest-earning assets** | **12452951** | **1050574** | **33.8%** | **12114869** | **973275** | **32.6%** | **8590889** | **1356991** | **63.4%** |
| Debt securities | 2711327 | 215837 | 31.9% | 2945478 | 263829 | 36.3% | 4072228 | 755567 | 74.4% |
| Loans to customers/financial institutions | 9640028 | 834720 | 34.7% | 9005648 | 709446 | 31.9% | 4501794 | 601394 | 53.6% |
| Loans to the BCRA | 525 | &nbsp;&nbsp;&nbsp;&nbsp;1 | 0.8% | 599 |  | 0.0% | 286 | &nbsp;&nbsp;&nbsp;&nbsp;4 | 5.6% |
| Other assets | 101071 | 16 | 0.1% | 163144 |  | 0.0% | &nbsp;&nbsp;&nbsp;&nbsp;16581 | 26 | 0.6% |
| **Total non interest-earning assets** | **5165389** | **-** | **0.0%** | **5282542** | **-** | **0.0%** | **4009932** | **-** | **0.0%** |
| **Total Assets** | **17618340** | **1050574** | **23.9%** | **17397411** | **973275** | **22.7%** | **12600821** | **1356991** | **43.2%** |
| **Total interest-bearing liabilities** | **10305943** | **458762** | **17.9%** | **9978180** | **399399** | **16.2%** | **5661585** | **410938** | **29.1%** |
| Savings accounts | 4233936 | 2495 | 0.2% | 4237771 | 1915 | 0.2% | 2380778 | 6656 | 1.1% |
| Time deposits and investment accounts | 4340719 | 342024 | 31.6% | 4189911 | 301763 | 29.2% | 2352816 | 317480 | 54.1% |
| Debt securities issued | 239166 | &nbsp;&nbsp;&nbsp;&nbsp;15969 | 26.8% | 175119 | &nbsp;&nbsp;&nbsp;&nbsp;10291 | 23.8% | &nbsp;&nbsp;&nbsp;&nbsp;14571 | 2160 | 59.5% |
| Other liabilities | 1492122 | &nbsp;&nbsp;&nbsp;&nbsp;98274 | 26.4% | 1375379 | &nbsp;&nbsp;&nbsp;&nbsp;85430 | 25.2% | 913420 | &nbsp;&nbsp;&nbsp;&nbsp;84642 | 37.2% |
| **Total non-interest-bearing liabilities** | **7312397** | **-** | **0.0%** | **7419231** | **-** | **0.0%** | **6939236** | **-** | **0.0%** |
| **Total liabilities and equity** | **17618340** | **458762** | **10.4%** | **17397411** | **399399** | **9.3%** | **12600821** | **410938** | **13.1%** |
| **NIM - Total** |  |  | **19.1%** |  |  | **19.2%** |  |  | **44.2%** |
| **Spread - Total** |  |  | **16.0%** |  |  | **16.3%** |  |  | **34.2%** |
| Nominal rates are calculated over a 365-day year |  |  |  |  |  |  |  |  |  |
| Does not include Net income from measurement of financial instruments at fair value through P&L nor Net income from write-down of assets at amortized cost and at fair value through OCI | Does not include Net income from measurement of financial instruments at fair value through P&L nor Net income from write-down of assets at amortized cost and at fair value through OCI | Does not include Net income from measurement of financial instruments at fair value through P&L nor Net income from write-down of assets at amortized cost and at fair value through OCI | Does not include Net income from measurement of financial instruments at fair value through P&L nor Net income from write-down of assets at amortized cost and at fair value through OCI | Does not include Net income from measurement of financial instruments at fair value through P&L nor Net income from write-down of assets at amortized cost and at fair value through OCI | Does not include Net income from measurement of financial instruments at fair value through P&L nor Net income from write-down of assets at amortized cost and at fair value through OCI |  |  |  |  |
| Interest-bearing checking accounts included in other interest-bearing liabilities. Non interest-bearing accounts are included in non-interest-bearing liabilities. | Interest-bearing checking accounts included in other interest-bearing liabilities. Non interest-bearing accounts are included in non-interest-bearing liabilities. | Interest-bearing checking accounts included in other interest-bearing liabilities. Non interest-bearing accounts are included in non-interest-bearing liabilities. | Interest-bearing checking accounts included in other interest-bearing liabilities. Non interest-bearing accounts are included in non-interest-bearing liabilities. |  |  |  |  |  |  |
| Non.interest earning assets include all assets that do not have an impact in the interest margin. |  |  |  |  |  |  |  |  |  |

---

---

| | | |
|:---|:---|:---|
| ![](bbarpr2q256k_006.jpg) | 2Q25 Earnings Release | p.10 |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| **ASSETS & LIABILITIES PERFORMANCE -** AR$**In millions of AR$. Rates and spreads in annualized %** | **2Q25** | **2Q25** | **2Q25** | **1Q25** | **1Q25** | **1Q25** | **2Q25** | **2Q25** | **2Q25** |
|  | **Average Balance** | **Interest Earned/Paid** | **Average Real Rate** | **Average Balance** | **Interest Earned/Paid** | **Average Real Rate** | **Average Balance** | **Interest Earned/Paid** | **Average Real Rate** |
| **Total interest-earning assets** | **10464811** | **1020266** | **39.1%** | **10331252** | **953712** | **37.4%** | **7883060** | **1350637** | **68.7%** |
| Debt securities | &nbsp;&nbsp;&nbsp;&nbsp;2612817 | 215355 | 33.1% | &nbsp;&nbsp;&nbsp;&nbsp;2863107 | 263281 | 37.3% | &nbsp;&nbsp;&nbsp;&nbsp;3970092 | 755224 | 76.3% |
| Loans to customers/financial institutions | &nbsp;&nbsp;&nbsp;&nbsp;7757772 | 804910 | 41.6% | &nbsp;&nbsp;&nbsp;&nbsp;7304462 | 690431 | 38.3% | &nbsp;&nbsp;&nbsp;&nbsp;3899446 | 595396 | 61.2% |
| Loans to the BCRA | 521 | 1 | 0.8% | 597 | &nbsp;&nbsp;&nbsp;&nbsp;- | 0.0% | 280 | 4 | 5.7% |
| Other assets | 93701 | &nbsp;&nbsp;&nbsp;&nbsp;- | 0.0% | &nbsp;&nbsp;&nbsp;&nbsp;163086 | &nbsp;&nbsp;&nbsp;&nbsp;- | 0.0% | 13242 | 13 | 0.4% |
| **Total non interest-earning assets** | **2758426** | **-** | **0.0%** | **2789182** | **-** | **0.0%** | **1835868** | **-** | **0.0%** |
| **Total Assets** | **13223237** | **1020266** | **30.9%** | **13120434** | **953712** | **29.5%** | **9718928** | **1350637** | **55.7%** |
| **Total interest-bearing liabilities** | **6894072** | **455400** | **26.5%** | **6631314** | **397189** | **24.3%** | **4011624** | **410624** | **41.1%** |
| Savings accounts | &nbsp;&nbsp;&nbsp;&nbsp;1191281 | &nbsp;&nbsp;&nbsp;&nbsp;2157 | 0.7% | &nbsp;&nbsp;&nbsp;&nbsp;1224329 | &nbsp;&nbsp;&nbsp;&nbsp;1857 | 0.6% | &nbsp;&nbsp;&nbsp;&nbsp;935247 | &nbsp;&nbsp;&nbsp;&nbsp;6627 | 2.8% |
| Time deposits and Investment accounts | &nbsp;&nbsp;&nbsp;&nbsp;4070509 | 340991 | 33.6% | &nbsp;&nbsp;&nbsp;&nbsp;3927786 | 301157 | 31.1% | &nbsp;&nbsp;&nbsp;&nbsp;2158725 | 317401 | 59.0% |
| Debt securities issued | &nbsp;&nbsp;&nbsp;&nbsp;198619 | 15969 | 32.2% | &nbsp;&nbsp;&nbsp;&nbsp;160133 | 10291 | 26.1% | 14571 | &nbsp;&nbsp;&nbsp;&nbsp;2160 | 59.5% |
| Other liabilities | &nbsp;&nbsp;&nbsp;&nbsp;1433663 | 96283 | 26.9% | &nbsp;&nbsp;&nbsp;&nbsp;1319066 | 83884 | 25.8% | &nbsp;&nbsp;&nbsp;&nbsp;903081 | 84436 | 37.5% |
| **Total non-interest-bearing liabilities** | **6340303** | **-** | **0.0%** | **6398296** | **-** | **0.0%** | **6014872** | **-** | **0.0%** |
| **Total liabilities and equity** | **13234375** | **455400** | **13.8%** | **13029610** | **397189** | **12.4%** | **10026496** | **410624** | **16.4%** |
| **NIM - AR$** |  |  | **21.7%** |  |  | **21.8%** |  |  | **47.8%** |
| **Spread - AR$** |  |  | **12.6%** |  |  | **13.1%** |  |  | **27.7%** |
| Nominal rates are calculated over a 365-day year |  |  |  |  |  |  |  |  |  |
| Does not include Net income from measurement of financial instruments at fair value through P&L nor Net income from write-down of assets at amortized cost and at fair value through OCI | Does not include Net income from measurement of financial instruments at fair value through P&L nor Net income from write-down of assets at amortized cost and at fair value through OCI | Does not include Net income from measurement of financial instruments at fair value through P&L nor Net income from write-down of assets at amortized cost and at fair value through OCI | Does not include Net income from measurement of financial instruments at fair value through P&L nor Net income from write-down of assets at amortized cost and at fair value through OCI | Does not include Net income from measurement of financial instruments at fair value through P&L nor Net income from write-down of assets at amortized cost and at fair value through OCI | Does not include Net income from measurement of financial instruments at fair value through P&L nor Net income from write-down of assets at amortized cost and at fair value through OCI |  |  |  |  |
| Interest-bearing checking accounts included in other interest-bearing liabilities. Non interest-bearing accounts are included in non-interest-bearing liabilities. | Interest-bearing checking accounts included in other interest-bearing liabilities. Non interest-bearing accounts are included in non-interest-bearing liabilities. | Interest-bearing checking accounts included in other interest-bearing liabilities. Non interest-bearing accounts are included in non-interest-bearing liabilities. | Interest-bearing checking accounts included in other interest-bearing liabilities. Non interest-bearing accounts are included in non-interest-bearing liabilities. |  |  |  |  |  |  |
| Non.interest earning assets include all assets that do not have an impact in the interest margin. |  |  |  |  |  |  |  |  |  |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **ASSETS & LIABILITIES PERFORMANCE -** FOREIGN CURRENCY<br>**In millions of AR$. Rates and spreads in annualized %** | **2Q25** | **2Q25** | **2Q25** | **1Q25** | **1Q25** | **1Q25** | **2Q25** | **2Q25** | **2Q25** |
|  | **Average Balance** | **Interest Earned/Paid** | **Average Real Rate** | **Average Balance** | **Interest Earned/Paid** | **Average Real Rate** | **Average Balance** | **Interest Earned/Paid** | **Average Real Rate** |
| **Total interest-earning assets** | **1988140** | **30308** | **6.1%** | **1783617** | **19563** | **4.4%** | **707829** | **6354** | **3.6%** |
| Debt securities | 98510 | 482 | 2.0% | 82371 | &nbsp;&nbsp;&nbsp;&nbsp;548 | 2.7% | &nbsp;&nbsp;&nbsp;&nbsp;102136 | 343 | 1.3% |
| Loans to customers/financial institutions | &nbsp;&nbsp;&nbsp;&nbsp;1882256 | 29810 | 6.4% | &nbsp;&nbsp;&nbsp;&nbsp;1701186 | 19015 | 4.5% | &nbsp;&nbsp;&nbsp;&nbsp;602348 | 5998 | 4.0% |
| Loans to the BCRA | 4 |  | 0.0% | 2 | &nbsp;&nbsp;&nbsp;&nbsp;- | 0.0% | 6 |  | 0.0% |
| Other assets | 7370 | &nbsp;&nbsp;&nbsp;&nbsp;16 | 0.9% | &nbsp;&nbsp;&nbsp;&nbsp;58 | &nbsp;&nbsp;&nbsp;&nbsp;- | 0.0% | 3339 | &nbsp;&nbsp;&nbsp;&nbsp;13 | 1.6% |
| **Total non interest-earning assets** | **2406963** | **-** | **0.0%** | **2493360** | **-** | **0.0%** | **2174064** | **-** | **0.0%** |
| **Total Assets** | **4395103** | **30308** | **2.8%** | **4276977** | **19563** | **1.9%** | **2881893** | **6354** | **0.9%** |
| **Total interest-bearing liabilities** | **3411871** | **3362** | **0.4%** | **3346866** | **2210** | **0.3%** | **1649961** | **314** | **0.1%** |
| Savings accounts | &nbsp;&nbsp;&nbsp;&nbsp;3042655 | 338 | 0.0% | &nbsp;&nbsp;&nbsp;&nbsp;3013442 | 58 | 0.0% | &nbsp;&nbsp;&nbsp;&nbsp;1445531 | &nbsp;&nbsp;&nbsp;&nbsp;29 | 0.0% |
| Time deposits and Investment accounts | &nbsp;&nbsp;&nbsp;&nbsp;270210 | 1033 | 1.5% | &nbsp;&nbsp;&nbsp;&nbsp;262125 | &nbsp;&nbsp;&nbsp;&nbsp;606 | 0.9% | &nbsp;&nbsp;&nbsp;&nbsp;194091 | &nbsp;&nbsp;&nbsp;&nbsp;79 | 0.2% |
| Icorporate bonds issued | 40547 |  | 0.0% | 14986 | &nbsp;&nbsp;&nbsp;&nbsp;- | 0.0% |  |  | #DIV/0! |
| Other liabilities | 58459 | 1991 | 13.7% | 56313 | &nbsp;&nbsp;&nbsp;&nbsp;1546 | 11.1% | 10339 | 206 | 8.0% |
| **Total non-interest-bearing liabilities** | **972094** | **-** | **0.0%** | **1020935** | **-** | **0.0%** | **924364** | **-** | **0.0%** |
| **Total liabilities and equity** | **4383965** | **3362** | **0.3%** | **4367801** | **2210** | **0.2%** | **2574325** | **314** | **0.0%** |
| **NIM - Foreign currency** |  |  | **5.4%** |  |  | **3.9%** |  |  | **3.4%** |
| **Spread - Foreign currency** |  |  | **5.7%** |  |  | **4.2%** |  |  | **3.5%** |
| Nominal rates are calculated over a 365-day year |  |  |  |  |  |  |  |  |  |
| Does not include Net income from measurement of financial instruments at fair value through P&L nor Net income from write-down of assets at amortized cost and at fair value through OCI | Does not include Net income from measurement of financial instruments at fair value through P&L nor Net income from write-down of assets at amortized cost and at fair value through OCI | Does not include Net income from measurement of financial instruments at fair value through P&L nor Net income from write-down of assets at amortized cost and at fair value through OCI | Does not include Net income from measurement of financial instruments at fair value through P&L nor Net income from write-down of assets at amortized cost and at fair value through OCI | Does not include Net income from measurement of financial instruments at fair value through P&L nor Net income from write-down of assets at amortized cost and at fair value through OCI | Does not include Net income from measurement of financial instruments at fair value through P&L nor Net income from write-down of assets at amortized cost and at fair value through OCI |  |  |  |  |
| Interest-bearing checking accounts included in other interest-bearing liabilities. Non interest-bearing accounts are included in non-interest-bearing liabilities. | Interest-bearing checking accounts included in other interest-bearing liabilities. Non interest-bearing accounts are included in non-interest-bearing liabilities. | Interest-bearing checking accounts included in other interest-bearing liabilities. Non interest-bearing accounts are included in non-interest-bearing liabilities. | Interest-bearing checking accounts included in other interest-bearing liabilities. Non interest-bearing accounts are included in non-interest-bearing liabilities. |  |  |  |  |  |  |
| Non.interest earning assets include all assets that do not have an impact in the interest margin. |  |  |  |  |  |  |  |  |  |

---

---

| | | |
|:---|:---|:---|
| ![](bbarpr2q256k_006.jpg) | 2Q25 Earnings Release | p.11 |

---

**Net Fee Income**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| |  |  |  | **∆ %** | **∆ %** |
| **NET FEE INCOME**<br>**In millions of AR$ - Inflation adjusted** | **2Q25** | **1Q25** | **2Q24** | **QoQ** | **YoY** |
| **Net Fee Income** | **94053** | **105792** | **81978** | **(11.1%)** | **14.7%** |
| **Fee Income** | **176520** | **191486** | **164143** | **(7.8%)** | **7.5%** |
| Linked to liabilities | &nbsp;&nbsp;&nbsp;&nbsp;52407 | &nbsp;&nbsp;&nbsp;&nbsp;51029 | &nbsp;&nbsp;&nbsp;&nbsp;42662 | &nbsp;&nbsp;&nbsp;&nbsp;2.7% | 22.8% |
| From credit cards <sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;87026 | &nbsp;&nbsp;&nbsp;&nbsp;98391 | &nbsp;&nbsp;&nbsp;&nbsp;85887 | &nbsp;&nbsp;&nbsp;&nbsp;(11.6%) | &nbsp;&nbsp;&nbsp;&nbsp;1.3% |
| Linked to loans | &nbsp;&nbsp;&nbsp;&nbsp;19977 | &nbsp;&nbsp;&nbsp;&nbsp;20605 | &nbsp;&nbsp;&nbsp;&nbsp;17754 | (3.0%) | 12.5% |
| From insurance | 6813 | 6866 | 5651 | (0.8%) | 20.6% |
| From foreign trade and foreign currency transactions | 6265 | 6419 | 7255 | (2.4%) | &nbsp;&nbsp;&nbsp;&nbsp;(13.6%) |
| Linked to loan commitments | 105 | 1418 | 226 | &nbsp;&nbsp;&nbsp;&nbsp;(92.6%) | &nbsp;&nbsp;&nbsp;&nbsp;(53.5%) |
| From guarantees granted | 24 | 76 | 121 | &nbsp;&nbsp;&nbsp;&nbsp;(68.4%) | &nbsp;&nbsp;&nbsp;&nbsp;(80.2%) |
| Linked to securities | 3903 | 6682 | 4587 | &nbsp;&nbsp;&nbsp;&nbsp;(41.6%) | &nbsp;&nbsp;&nbsp;&nbsp;(14.9%) |
| **Fee expenses** | **82467** | **85694** | **82165** | **(3.8%)** | **0.4%** |
|  (1) Includes results from Puntos BBVA royalty program pursuant to IFRS 15 regulation. |  |  |  |  |  |

---

Net fee income as of 2Q25 totaled $94.1 billion, decreasing 11.1% or $11.7 billion QoQ and increasing 14.7% or $12.1 billion YoY. The quarterly decrease is explained by a higher fall in income than that of expenses, in monetary and percentage terms.

In 2Q25, fee income totaled $176.5 billion, decreasing 7.8% QoQ and increased 7.5% YoY. Decrease in income is mainly explained by credit card fees, considering that in 1Q25, a revision of provisions linked to the Millas BBVA loyalty program. This was partially impacted by the extraordinary results reported in 1Q25, in a context of the program's sustained state and recalculation of provisions. It is important to note that the Bank is actively committed to generating efficiencies within its fees framework. The growth of fees linked to liabilities is particularly noteworthy, especially due to improvements in account maintenance and bundles.

For fee expenses, the total was $82.5 billion, showing a 3.8% drop from 1Q25 and a 0.4% increase compared to 2Q24. This is mainly due to lower expenses related to payroll promotions, followed by lower fee expenses for new channels.

**Net Income from Measurement of Financial Instruments at Fair Value and Foreign Exchange and Gold Gains/Losses**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| |  |  |  | **∆ %** | **∆ %** |
| **NET INCOME FROM FINANCIAL INSTRUMENTS AT FAIR VALUE (FV) THROUGH P&L**<br>**In millions of AR$ - Inflation adjusted** | **2Q25** | **1Q25** | **2Q24** | **QoQ** | **YoY** |
| **Net Income from financial instruments at FV through P&L** | **47051** | **34137** | **43216** | **37.8%** | **8.9%** |
| Income from government securities | &nbsp;&nbsp;&nbsp;&nbsp;40333 | &nbsp;&nbsp;&nbsp;&nbsp;32429 | &nbsp;&nbsp;&nbsp;&nbsp;44407 | 24.4% | (9.2%) |
| Income from private securities | 2810 | 1016 | 1398 | 176.6% | 101.0% |
| Interest rate swaps | 1199 | (392) | 538 | 405.9% | 122.9% |
| Income from foreign currency forward transactions | 2699 | 1084 | (3528) | 149.0% | 176.5% |
| Income from put option long position |  |  | (616) | N/A | 100.0% |
| Income from corporate bonds | 10 |  | 1017 | N/A | &nbsp;&nbsp;&nbsp;&nbsp;(99.0%) |

---

In 2Q25, the net income from financial instruments at FV through P&L was $47.1 billion, a 37.8% ($12.9 billion) increase for the quarter and an 8.9% ($3.8 billion) increase compared to 2Q24.

---

| | | |
|:---|:---|:---|
| ![](bbarpr2q256k_006.jpg) | 2Q25 Earnings Release | p.12 |

---

The quarter's results are mainly due to an increase in income from private securities (primarily corporate bonds), followed by income from interest rate swaps (particularly with Rombo) and foreign currency forward contracts.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| |  |  |  | **∆ %** | **∆ %** |
| **DIFFERENCES IN QUOTED PRICES OF GOLD AND FOREIGN FOREIGN CURRENCY**<br>**In millions of AR$ - Inflation adjusted** | **2Q25** | **1Q25** | **2Q24** | **QoQ** | **YoY** |
| **Foreign exchange and gold gains/(losses) (1)** | **54216** | **8623** | **28353** | **n.m** | **91.2%** |
| From foreign exchange position | 3874 | (11623) | &nbsp;&nbsp;&nbsp;&nbsp;12165 | 133.3% | &nbsp;&nbsp;&nbsp;&nbsp;(68.2%) |
| Income from purchase-sale of foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;50342 | &nbsp;&nbsp;&nbsp;&nbsp;20246 | &nbsp;&nbsp;&nbsp;&nbsp;16188 | 148.7% | 211.0% |
| **Net income from financial instruments at FV through P&L (2)** | **2699** | **1084** | **(3528)** | **149.0%** | **176.5%** |
| Income from foreign currency forward transactions | 2699 | 1084 | (3528) | 149.0% | 176.5% |
| **Total differences in quoted prices of gold & foreign currency (1) + (2)** | **56915** | **9707** | **24825** | **486.3%** | **129.3%** |

---

The total differences in quoted prices of gold and foreign currency showed profit of $56.9 billion in 2Q25, an increase of 486.3% or $47.21 billion for the quarter.

This quarterly increase is mainly due to: (i) a higher income from foreign currency trading, especially after the lifting of foreign exchange controls on April 14, 2025, followed by (ii) the result of converting foreign currency assets and liabilities to pesos, and (iii) foreign currency forward contracts.

**Other Operating Income**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| |  |  |  | **∆ %** | **∆ %** |
| **OTHER OPERATING INCOME**<br>**In millions of AR$ - Inflation adjusted** | **2Q25** | **1Q25** | **2Q24** | **QoQ** | **YoY** |
| **Operating Income** | **37590** | **41143** | **39961** | **(8.6%)** | **(5.9%)** |
| Rental of safe deposit boxes (1) | 8128 | 8147 | 6271 | (0.2%) | 29.6% |
| Adjustments and interest on miscellaneous receivables (1) | 9344 | 9739 | &nbsp;&nbsp;&nbsp;&nbsp;12568 | (4.1%) | &nbsp;&nbsp;&nbsp;&nbsp;(25.7%) |
| Punitive interest (1) | 5789 | 3816 | 2106 | 51.7% | 174.9% |
| Loans recovered | 3237 | 3269 | 4289 | (1.0%) | &nbsp;&nbsp;&nbsp;&nbsp;(24.5%) |
| Fee income from credit and debit cards (1) | 5425 | 6471 | 3585 | &nbsp;&nbsp;&nbsp;&nbsp;(16.2%) | 51.3% |
| Fee expenses recovery | 1599 | 1613 | 1148 | (0.9%) | 39.3% |
| Rents | 1893 | 1907 | 1566 | (0.7%) | 20.9% |
| Sindicated transaction fees | 245 | 413 | 404 | &nbsp;&nbsp;&nbsp;&nbsp;(40.7%) | &nbsp;&nbsp;&nbsp;&nbsp;(39.4%) |
| Disaffected provisions | (1654) | 1796 | 2418 | (192.1%) | (168.4%) |
| Other Operating Income(2) | 3584 | 3972 | 5606 | (9.8%) | &nbsp;&nbsp;&nbsp;&nbsp;(36.1%) |
| (1) Included in the efficiency ratio calculation |  |  |  |  |  |
| (2) Includes some of the concepts used in the efficiency ratio calculation |  |  |  |  |  |

---

In 2Q25, other operating income totaled $37.6 billion, dropping 8.6% or $3.6 billion compared to 1Q25, and 5.9% or $2.4 billion compared to 2Q24. This is primarily due to lower fee income from debit and credit cards, followed by lower gains from disaffected provisions.

**Operating Expenses**

---

| | | |
|:---|:---|:---|
| ![](bbarpr2q256k_006.jpg) | 2Q25 Earnings Release | p.13 |

---

**Personnel Benefits & Administrative Expenses**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| |  |  |  | **∆ %** | **∆ %** |
| **PERSONNEL BENEFITS & ADMINISTRATIVE EXPENSES**<br>**In millions of AR$ - Inflation adjusted** | **2Q25** | **1Q25** | **2Q24** | **QoQ** | **YoY** |
| **Total Personnel Benefits and Adminsitrative Expenses** | **289441** | **283619** | **316182** | **2.1%** | **(8.5%)** |
| **Personnel Benefits (1)** | **141785** | **128474** | **152882** | **10.4%** | **(7.3%)** |
| **Administrative expenses (1)** | **147656** | **155145** | **163300** | **(4.8%)** | **(9.6%)** |
| Travel expenses | 1326 | 1083 | 850 | 22.4% | 56.0% |
| Outsourced administrative expenses | &nbsp;&nbsp;&nbsp;&nbsp;25016 | &nbsp;&nbsp;&nbsp;&nbsp;28731 | &nbsp;&nbsp;&nbsp;&nbsp;23657 | &nbsp;&nbsp;&nbsp;&nbsp;(12.9%) | &nbsp;&nbsp;&nbsp;&nbsp;5.7% |
| Security services | 6407 | 6654 | 4466 | (3.7%) | 43.5% |
| Fees to Bank Directors and Supervisory Committee | 232 | 188 | 182 | 23.4% | 27.5% |
| Other fees | 6184 | 5314 | 5006 | 16.4% | 23.5% |
| Insurance | 1226 | 1436 | 989 | &nbsp;&nbsp;&nbsp;&nbsp;(14.6%) | 24.0% |
| Rent | &nbsp;&nbsp;&nbsp;&nbsp;15931 | &nbsp;&nbsp;&nbsp;&nbsp;15196 | &nbsp;&nbsp;&nbsp;&nbsp;21019 | &nbsp;&nbsp;&nbsp;&nbsp;4.8% | &nbsp;&nbsp;&nbsp;&nbsp;(24.2%) |
| Stationery and supplies | 200 | 205 | 439 | (2.4%) | &nbsp;&nbsp;&nbsp;&nbsp;(54.4%) |
| Electricity and communications | 5769 | 5531 | 5510 | &nbsp;&nbsp;&nbsp;&nbsp;4.3% | &nbsp;&nbsp;&nbsp;&nbsp;4.7% |
| Advertising | &nbsp;&nbsp;&nbsp;&nbsp;11930 | &nbsp;&nbsp;&nbsp;&nbsp;14288 | &nbsp;&nbsp;&nbsp;&nbsp;10460 | &nbsp;&nbsp;&nbsp;&nbsp;(16.5%) | 14.1% |
| Taxes | &nbsp;&nbsp;&nbsp;&nbsp;19206 | &nbsp;&nbsp;&nbsp;&nbsp;18848 | &nbsp;&nbsp;&nbsp;&nbsp;39212 | &nbsp;&nbsp;&nbsp;&nbsp;1.9% | &nbsp;&nbsp;&nbsp;&nbsp;(51.0%) |
| Maintenance costs | &nbsp;&nbsp;&nbsp;&nbsp;13455 | &nbsp;&nbsp;&nbsp;&nbsp;12725 | &nbsp;&nbsp;&nbsp;&nbsp;12955 | &nbsp;&nbsp;&nbsp;&nbsp;5.7% | &nbsp;&nbsp;&nbsp;&nbsp;3.9% |
| Armored transportation services | &nbsp;&nbsp;&nbsp;&nbsp;12798 | &nbsp;&nbsp;&nbsp;&nbsp;21810 | &nbsp;&nbsp;&nbsp;&nbsp;13728 | &nbsp;&nbsp;&nbsp;&nbsp;(41.3%) | (6.8%) |
| Software | 8048 | 4600 | &nbsp;&nbsp;&nbsp;&nbsp;10937 | 75.0% | &nbsp;&nbsp;&nbsp;&nbsp;(26.4%) |
| Document distribution | 7973 | 6024 | 5344 | 32.4% | 49.2% |
| Commercial reports | 4518 | 5622 | 2830 | &nbsp;&nbsp;&nbsp;&nbsp;(19.6%) | 59.6% |
| Other administrative expenses | 7437 | 6890 | 5716 | &nbsp;&nbsp;&nbsp;&nbsp;7.9% | 30.1% |
| **Headcount\*** |  |  |  |  |  |
| BBVA (Bank) | 6407 | 6299 | 6009 | 107 | 397 |
| Subsidiaries (2) | 102 | 100 | 92 | &nbsp;&nbsp;&nbsp;&nbsp;2 | 10 |
| **Total employees\*** | **6509** | **6399** | **6101** | **109** | **407** |
| &nbsp;&nbsp;&nbsp;&nbsp;**In branches\*\*** | **2250** | **2249** | **2210** | **1** | **40** |
| &nbsp;&nbsp;&nbsp;&nbsp;**At Main office** | **4259** | **4150** | **3891** | **(688)** | **(429)** |
| **Total branches\*\*\*** | **234** | **235** | **242** | **(1)** | **(8)** |
| &nbsp;&nbsp;&nbsp;&nbsp;**Own** | **118** | **118** | **111** | **-** | **7** |
| &nbsp;&nbsp;&nbsp;&nbsp;**Rented** | **116** | **117** | **131** | **(1)** | **(15)** |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;- |  |
| **Efficiency Ratio** |  |  |  |  |  |
| Efficiency ratio | 56.5% | 56.3% | 55.3% | 20 pbs | 120 pbs |
| Accumulated Efficiency Ratio | 56.4% | 56.3% | 59.9% | 10 pbs | (350)pbs |
| (1) Concept included in the efficiency ratio calculation |  |  |  |  |  |
| (2) Includes BBVA Asset Management, PSA & VWFS. Employees included in Main Office. |  |  |  |  |  |
| \*Total effective employees, net of temporary contract employees. Expatriates excluded. |  |  |  |  |  |
| \*\*Branch employees + Business Center managers |  |  |  |  |  |
| \*\*\*Excludes administrative branches |  |  |  |  |  |

---

---

| | | |
|:---|:---|:---|
| ![](bbarpr2q256k_006.jpg) | 2Q25 Earnings Release | p.14 |

---

As of 2Q25, personnel benefits and administrative expenses totaled $289.4 billion, showing a 2.1% ($5.8 billion) increase compared to 1Q25, and an 8.5% ($26.74 billion) decrease from 2Q24 in real terms.

Personnel benefits increased by 10.4% compared to 1Q25 but fell by 7.3% compared to 2Q24. While wages kept pace with inflation, there was an increase in the payroll, as well as social security withholdings and collections, and other short-term personnel benefits.

Regarding administrative expenses in 2Q25, they dropped 4.8% for the quarter and 9.6% compared to 2Q24. The quarterly savings are mainly due to proactive efficiency measures in (i) armored transportation services, (ii) outsourced administrative expenses, (iii) advertising, and (iv) commercial reports. Additionally, the decrease is also due to the lower provisions made in the first quarter of the year, primarily related to the elimination of the PAIS tax.

The quarterly efficiency ratio as of 2Q25 was 56.5%, slightly above the 56.3% from 1Q25 and the 55.3% recorded in 2Q24.

The accumulated efficiency ratio as of 2Q25 was 56.4%, slightly above the 56.3% from 1Q25 and lower than the 59.9% recorded in 2Q24. The improvement in the accumulated ratio compared to the same period last year is mainly due to a decrease in expenses, and an increase in income, particularly from better fee income and a lower loss from the monetary position.

**Other Operating Expenses**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| |  |  |  | **∆ %** | **∆ %** |
| **OTHER OPERATING EXPENSES**<br>**In millions of AR$ - Inflation adjusted** | **2Q25** | **1Q25** | **2Q24** | **QoQ** | **YoY** |
| **Other Operating Expenses** | **170037** | **143663** | **136734** | **18.4%** | **24.4%** |
| Turnover tax (1) | 109573 | &nbsp;&nbsp;&nbsp;&nbsp;94077 | 129020 | 16.5% | &nbsp;&nbsp;&nbsp;&nbsp;(15.1%) |
| Initial loss of loans below market rate (1) | &nbsp;&nbsp;&nbsp;&nbsp;24476 | &nbsp;&nbsp;&nbsp;&nbsp;23127 | 3844 | &nbsp;&nbsp;&nbsp;&nbsp;5.8% | n.m |
| Contribution to the Deposit Guarantee Fund (SEDESA) (1) | 4921 | 4740 | 2870 | &nbsp;&nbsp;&nbsp;&nbsp;3.8% | 71.5% |
| Interest on liabilities from financial lease | 1002 | 1082 | 1147 | (7.4%) | &nbsp;&nbsp;&nbsp;&nbsp;(12.6%) |
| Other allowances | &nbsp;&nbsp;&nbsp;&nbsp;12655 | 7242 | (24384) | 74.7% | 151.9% |
| Loss for sale or devaluation of investment properties and other non-financial assets | 494 |  | &nbsp;&nbsp;&nbsp;&nbsp;14333 | N/A | &nbsp;&nbsp;&nbsp;&nbsp;(96.6%) |
| Claims | 4669 | 2170 | 953 | 115.2% | 389.9% |
| Other operating expenses (2) | &nbsp;&nbsp;&nbsp;&nbsp;12247 | &nbsp;&nbsp;&nbsp;&nbsp;11225 | 8951 | &nbsp;&nbsp;&nbsp;&nbsp;9.1% | 36.8% |
| (1) Concept included for the calculation of the efficiency ratio |  |  |  |  |  |
| (2) Considers some concepts included for the acalculation of the efficiency ratio |  |  |  |  |  |

---

In 2Q25, other operating expenses totaled $170.0 billion, an increase of 18.4% or $26.3 billion for the quarter, and 24.4% or $33.3 billion compared to 2Q24.

The increase is mainly due to (i) higher expenses on turnover tax, particularly financial, as a consequence of an increased activity, (ii) other allowances, especially credit provisions related to updates in credit card limits, and (iii) higher expenses from claims.

---

| | | |
|:---|:---|:---|
| ![](bbarpr2q256k_006.jpg) | 2Q25 Earnings Release | p.15 |

---

**Income from Associates**

n 2Q25, the *results from associates* item, which represents the earnings from non-consolidated companies, showed a gain of $4.0 billion. This was mainly due to the Bank's equity stakes in BBVA Seguros Argentina S.A., Rombo Compañía Financiera S.A., Interbanking S.A., Play Digital S.A., and Openpay Argentina S.A.

**Income Tax**

The accumulated income tax for the first six months of 2025 showed a loss of $83.5 billion. The accumulated income tax for the first six months of 2024 registered a loss of $130.8 billion.

The accumulated effective tax rate for the first six months of 2025 was 36%, while in 2024 it was 38%<sup>3</sup>.

------

<sup>3</sup> *Income tax, according to IAS 34, is recorded on interim financial periods over the best estimate of the weighted average tax rate expected for the fiscal year.*

---

| | | |
|:---|:---|:---|
| ![](bbarpr2q256k_006.jpg) | 2Q25 Earnings Release | p.16 |

---

**Balance Sheet and Activity**

**Loans and Other Financing**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| |  |  |  | **∆ %** | **∆ %** |
| **LOANS AND OTHER FINANCING**<br>**In millions of AR$ - Inflation adjusted** | **2Q25** | **1Q25** | **2Q24** | **QoQ** | **YoY** |
| To the public sector | 3707 | 3483 | 2372 | &nbsp;&nbsp;&nbsp;&nbsp;6.4% | 56.3% |
| To the financial sector | &nbsp;&nbsp;&nbsp;&nbsp;147159 | &nbsp;&nbsp;&nbsp;&nbsp;76477 | 31305 | 92.4% | 370.1% |
| **Non-financial private sector and residents abroad** | **11309180** | **9772168** | **5396109** | **15.7%** | **109.6%** |
| **Non-financial private sector and residents abroad - AR$** | **8993028** | **7898853** | **4699520** | **13.9%** | **91.4%** |
| Overdrafts | &nbsp;&nbsp;&nbsp;&nbsp;1179082 | 876215 | &nbsp;&nbsp;&nbsp;&nbsp;734247 | 34.6% | 60.6% |
| Discounted instruments | &nbsp;&nbsp;&nbsp;&nbsp;2082906 | 2050291 | &nbsp;&nbsp;&nbsp;&nbsp;1093141 | &nbsp;&nbsp;&nbsp;&nbsp;1.6% | 90.5% |
| Mortgage loans | &nbsp;&nbsp;&nbsp;&nbsp;428808 | 331741 | &nbsp;&nbsp;&nbsp;&nbsp;224293 | 29.3% | 91.2% |
| Pledge loans | &nbsp;&nbsp;&nbsp;&nbsp;321176 | 239207 | 73217 | 34.3% | 338.7% |
| Consumer loans | &nbsp;&nbsp;&nbsp;&nbsp;1284803 | 1151223 | &nbsp;&nbsp;&nbsp;&nbsp;480086 | 11.6% | 167.6% |
| Credit cards | &nbsp;&nbsp;&nbsp;&nbsp;2510023 | 2314466 | &nbsp;&nbsp;&nbsp;&nbsp;1598233 | &nbsp;&nbsp;&nbsp;&nbsp;8.4% | 57.0% |
| Receivables from financial leases | 29159 | &nbsp;&nbsp;&nbsp;&nbsp;27192 | 21460 | &nbsp;&nbsp;&nbsp;&nbsp;7.2% | 35.9% |
| Loans to personnel | 86730 | &nbsp;&nbsp;&nbsp;&nbsp;65374 | 28709 | 32.7% | 202.1% |
| Other loans | &nbsp;&nbsp;&nbsp;&nbsp;1070341 | 843144 | &nbsp;&nbsp;&nbsp;&nbsp;446134 | 26.9% | 139.9% |
| **Non-financial private sector and residents abroad - Foreign Currency** | **2316152** | **1873315** | **696589** | **23.6%** | **232.5%** |
| Overdrafts | &nbsp;&nbsp;&nbsp;&nbsp;28 | 26 | &nbsp;&nbsp;&nbsp;&nbsp;16 | &nbsp;&nbsp;&nbsp;&nbsp;7.7% | 75.0% |
| Discounted instruments | 88307 | &nbsp;&nbsp;&nbsp;&nbsp;61230 | 14284 | 44.2% | n.m |
| Credit cards | &nbsp;&nbsp;&nbsp;&nbsp;108827 | &nbsp;&nbsp;&nbsp;&nbsp;88126 | 70439 | 23.5% | 54.5% |
| Receivables from financial leases | 2258 | 1893 | &nbsp;&nbsp;&nbsp;&nbsp;80 | 19.3% | n.m |
| Loans for the prefinancing and financing of exports | &nbsp;&nbsp;&nbsp;&nbsp;1732511 | 1403096 | &nbsp;&nbsp;&nbsp;&nbsp;551392 | 23.5% | 214.2% |
| Other loans | &nbsp;&nbsp;&nbsp;&nbsp;384221 | 318944 | 60378 | 20.5% | n.m |
| **% of total loans to Private sector in AR$** | **79.5%** | **80.8%** | **87.1%** | **(131)pbs** | **(757)pbs** |
| **% of total loans to Private sector in Foreign Currency** | **20.5%** | **19.2%** | **12.9%** | **131 pbs** | **757 pbs** |
| % of mortgage loans with UVA adjustments / Total mortgage loans (1) | 98.5% | 97.7% | 52.0% | 81 pbs | 4,651 pbs |
| % of pledge loans with UVA adjustments / Total pledge loans (1) | 16.0% | 13.3% | 4.0% | 267 pbs | 1,204 pbs |
| % of consumer loans with UVA adjustments / Total consumer loans (1) | 0.0% | 0.0% | 0.0% | (0)pbs | (1)pbs |
| % of loans with UVA adjustments / Total loans and other financing(1) | 3.0% | 2.0% | 0.1% | 97 pbs | 286 pbs |
| **Total loans and other financing** | **11460046** | **9852128** | **5429786** | **16.3%** | **111.1%** |
| Allowances | (306205) | (227503) | (111067) | &nbsp;&nbsp;&nbsp;&nbsp;(34.6%) | (175.7%) |
| **Total net loans and other financing** | **11153841** | **9624625** | **5318719** | **15.9%** | **109.7%** |
| (1) Excludes effect of accrued interests adjustments. |  |  |  |  |  |
| **Total loans / Total Deposits** | **88.0%** | **84.7%** | **67.0%** | **329 pbs** | **2,095 pbs** |
| **Private Loans/Private Deposits ARS** | **103.6%** | **101.1%** | **82.7%** | **257 pbs** | **2,094 pbs** |
| **Private Loans/Private Deposits USD** | **55.0%** | **50.7%** | **32.2%** | **424 pbs** | **2,279 pbs** |

---

---

| | | |
|:---|:---|:---|
| ![](bbarpr2q256k_006.jpg) | 2Q25 Earnings Release | p.17 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| |  |  |  | **∆ %** | **∆ %** |
| **LOANS AND OTHER FINANCING TO NON-FINANCIAL PRIVATE SECTOR AND RESIDENTS ABROAD IN FOREIGN CURRENCY**<br>**In millions of USD** | **2Q25** | **1Q25** | **2Q24** | **QoQ** | **YoY** |
| FX rate\* | &nbsp;&nbsp;&nbsp;&nbsp;1194.08 | &nbsp;&nbsp;&nbsp;&nbsp;1073.88 | &nbsp;&nbsp;&nbsp;&nbsp;911.75 | 11.2% | 31.0% |
| Non-financial private sector and residents abroad - Foreign Currency (USD) | 1940 | 1646 | 548 | 17.9% | 254.0% |
| \*Wholesale U.S. dollar foreign exchange rates on BCRA's Communication "A" 3500, as of the end of period. | \*Wholesale U.S. dollar foreign exchange rates on BCRA's Communication "A" 3500, as of the end of period. |  |  |  |  |

---

As of 2Q25, the private loan portfolio totaled $11.3 trillion, an increase of 15.7% or $1.5 trillion for the quarter, and 109.6% or $5.9 trillion compared to 2Q24.

Loans to the private sector in pesos increased by 13.9% in 2Q25 and 91.4% compared to the same quarter of the previous year. For the quarter, real growth occurred across all lines, specifically with (i) a 34.6% increase in *overdrafts*, followed by (ii) a 26.9% increase in *other loans*, (iii) an 8.4% rise in *credit cards*, and (iv) an 11.6% increase in *consumer loans*. A notable 29.3% growth was also seen in mortgage loans, as this product, reintroduced in the second half of 2024, continues to advance. In all cases, the increase is driven by genuine portfolio growth, leveraged by the relative stability of market interest rates during the quarter and increased commercial efforts. For *other loans* in particular, the significant progress is linked to the *floorplan* business, which is supporting the higher activity in the automotive sector.

Loans to the private sector denominated in foreign currency increased by 23.6% for the quarter and 232.5% compared to 2Q24. The quarterly increase is primarily due to a 23.5% rise in *pre-financing and financing for exports*. These loans grew in a context where foreign exchange controls were lifted and expectations of exchange rate stability became stronger, which promoted activity in foreign currency. Loans to the private sector denominated in foreign currency, when measured in US dollars, increased by 17.9% QoQ and 254.0% versus 2Q24. For those same periods, the Argentine peso depreciated against the US dollar by 10.1% and 13.5%<sup>4</sup>, respectively.

In 2Q25, total loans and other financing amounted to $11.2 trillion, an increase of 16.3% from the previous quarter and 111.1% compared to 2Q24.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| |  |  |  | **∆ %** | **∆ %** |
| **LOANS AND OTHER FINANCING**<br>**In millions of AR$ - Inflation adjusted** | **2Q25** | **1Q25** | **2Q24** | **QoQ** | **YoY** |
| **Non-financial private sector and residents abroad - Retail** | **4740367** | **4190137** | **2474977** | **13.1%** | **91.5%** |
| Mortgage loans | 428808 | 331741 | &nbsp;&nbsp;&nbsp;&nbsp;224293 | 29.3% | 91.2% |
| Pledge loans | 321176 | 239207 | 73217 | 34.3% | 338.7% |
| Consumer loans | 1284803 | 1151223 | &nbsp;&nbsp;&nbsp;&nbsp;480086 | 11.6% | 167.6% |
| Credit cards | 2618850 | 2402592 | &nbsp;&nbsp;&nbsp;&nbsp;1668672 | &nbsp;&nbsp;&nbsp;&nbsp;9.0% | 56.9% |
| Loans to personnel | 86730 | &nbsp;&nbsp;&nbsp;&nbsp;65374 | 28709 | 32.7% | 202.1% |
| **Non-financial private sector and residents abroad - Commercial** | **6568813** | **5582031** | **2921132** | **17.7%** | **124.9%** |
| Overdrafts | 1179110 | 876241 | &nbsp;&nbsp;&nbsp;&nbsp;734263 | 34.6% | 60.6% |
| Discounted instruments | 2171213 | 2111521 | &nbsp;&nbsp;&nbsp;&nbsp;1107425 | &nbsp;&nbsp;&nbsp;&nbsp;2.8% | 96.1% |
| Receivables from financial leases | 31417 | &nbsp;&nbsp;&nbsp;&nbsp;29085 | 21540 | &nbsp;&nbsp;&nbsp;&nbsp;8.0% | 45.9% |
| Loans for the prefinancing and financing of exports | 1732511 | 1403096 | &nbsp;&nbsp;&nbsp;&nbsp;551392 | 23.5% | 214.2% |
| Other loans | 1454562 | 1162088 | &nbsp;&nbsp;&nbsp;&nbsp;506512 | 25.2% | 187.2% |
| **% of total loans to Retail sector** | **41.9%** | **42.9%** | **45.9%** | **(96)pbs** | **(395)pbs** |
| **% of total loans to Commercial sector** | **58.1%** | **57.1%** | **54.1%** | **96 pbs** | **395 pbs** |

---

------

<sup>4</sup> *Taking into consideration wholesale U.S. dollar foreign exchange rates on BCRA's Communication "A" 3500.*

---

| | | |
|:---|:---|:---|
| ![](bbarpr2q256k_006.jpg) | 2Q25 Earnings Release | p.18 |

---

Retail loans (*mortgage, pledge, consumer, and credit card loans, including those to personnel*) increased 13.1% QoQ and 91.5% YoY. For the quarter, the largest increase was in credit cards at 9.0%, followed by consumer loans at 11.6%.

On the other hand, commercial loans (overdrafts, discounted instruments, financial leases, pre-financing and financing for exports, and other loans) rose 17.7% QoQ and 124.9% compared to 2Q24. For the quarter, a 23.5% increase in *pre-financing and financing for exports* stood out, followed closely by *overdrafts* at 34.6% and *other loans* at 25.2%.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| |  |  |  | **∆ %** | **∆ %** |
| **LOANS AND OTHER FINANCING -** NON RESTATED FIGURES<br>**In millions of AR$** | **2Q25** | **1Q25** | **2Q24** | **QoQ** | **YoY** |
| Non-financial private sector and residents abroad - Retail | 4740367 | 3952492 | 1754608 | 19.9% | 170.2% |
| Non-financial private sector and residents abroad - Commercial | 6568813 | 5265444 | 2115801 | 24.8% | 210.5% |
| Total loans and other financing (1) | 11460046 | 9293361 | 3894564 | 23.3% | 194.3% |
| (1) Does not include allowances |  |  |  |  |  |

---

In nominal terms, BBVA Argentina managed to increase its retail, commercial, and total loan portfolios by 19.9%, 24.8%, and 23.3% respectively for the quarter, outperforming inflation in all cases.

The share of total loans to assets is 58%, compared to 56% in 1Q25 and 40% in 2Q24, demonstrating lower exposure to the public sector and aligning with real growth in loan demand.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| |  |  |  | **∆ bps** | **∆ bps** |
| **MARKET SHARE -** PRIVATE SECTOR LOANS<br>**In %** | **2Q25** | **1Q25** | **2Q24** | **QoQ** | **YoY** |
| Private sector loans - Bank | 10.58% | 10.32% | 9.78% | 26 pbs | 80 pbs |
| Private sector loans - Consolidated\* | 11.61% | 11.26% | 10.54% | 35 pbs | &nbsp;&nbsp;&nbsp;&nbsp;107 pbs |
| Based on daily BCRA information. Capital balance as of the last day of each quarter. There may be differences generated by the gap between the siscen BCRA information and published financial statements | Based on daily BCRA information. Capital balance as of the last day of each quarter. There may be differences generated by the gap between the siscen BCRA information and published financial statements | Based on daily BCRA information. Capital balance as of the last day of each quarter. There may be differences generated by the gap between the siscen BCRA information and published financial statements | Based on daily BCRA information. Capital balance as of the last day of each quarter. There may be differences generated by the gap between the siscen BCRA information and published financial statements | Based on daily BCRA information. Capital balance as of the last day of each quarter. There may be differences generated by the gap between the siscen BCRA information and published financial statements | Based on daily BCRA information. Capital balance as of the last day of each quarter. There may be differences generated by the gap between the siscen BCRA information and published financial statements |
|  \* Consolidates PSA, VWFS & Rombo |  |  |  |  |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| |  |  |  | **∆ bps** | **∆ bps** |
| **LOANS BY ECONOMIC ACTIVITY**<br>**% over total gross loans and other financing** | **2Q25** | **1Q25** | **2Q24** | **QoQ** | **YoY** |
| Government services | 0.00% | 0.00% | 0.00% | n.m | n.m. |
| Non-financial public sector | 0.00% | 0.00% | 0.00% |  | n.m. |
| Financial Sector | 1.00% | 1.00% | 1.00% |  |  |
| Agricultural and Livestock | 5.00% | 5.00% | 4.00% |  | 100 pbs |
| Mining products | 4.00% | 3.00% | 5.00% | 100 pbs | (100)pbs |
| Other manufacturing | 13.00% | 14.00% | 14.00% | (100)pbs | (100)pbs |
| Electricity, oil,water and sanitary services | 2.00% | 2.00% | 1.00% |  | 100 pbs |
| Wholesale and retail trade | 9.00% | 8.00% | 8.00% | 100 pbs | 100 pbs |
| Transport | 2.00% | 2.00% | 1.00% |  | 100 pbs |
| Services | 2.00% | 3.00% | 2.00% | (100)pbs |  |
| Others | 21.00% | 21.00% | 19.00% |  | 200 pbs |
| Construction | 1.00% | 1.00% | 1.00% |  |  |
| Consumer | 39.00% | 41.00% | 45.00% | (200)pbs | (600)pbs |
| **Total gross loans and other financing** | **100%** | **100%** | **100%** |  |  |

---

---

| | | |
|:---|:---|:---|
| ![](bbarpr2q256k_006.jpg) | 2Q25 Earnings Release | p.19 |

---

**Asset Quality**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| |  |  |  | **∆ %** | **∆ %** |
| **ASSET QUALITY**<br>**In millions of AR$ - Inflation adjusted** | **2Q25** | **1Q25** | **2Q24** | **QoQ** | **YoY** |
| Commercial non-performing portfolio (1) | 5113 | 6594 | 4409 | (22.5%) | 16.0% |
| Total commercial portfolio | 5190272 | 4640721 | 2505760 | 11.8% | 107.1% |
| **Commercial non-performing portfolio / Total commercial portfolio** | **0.10%** | **0.14%** | **0.18%** | **(4)pbs** | **(8)pbs** |
| Retail non-performing portfolio (1) | 260812 | 131860 | &nbsp;&nbsp;&nbsp;&nbsp;62702 | 97.8% | 316.0% |
| Total retail portfolio | 6451136 | 5420100 | 3202851 | 19.0% | 101.4% |
| **Retail non-performing portfolio / Total retail portfolio** | **4.04%** | **2.43%** | **1.96%** | **161 pbs** | **209 pbs** |
| Total non-performing portfolio (1) | 265925 | 138454 | &nbsp;&nbsp;&nbsp;&nbsp;67111 | 92.1% | 296.2% |
| Total portfolio | 11641408 | 10060821 | 5708611 | 15.7% | 103.9% |
| **Total non-performing portfolio / Total portfolio** | **2.28%** | **1.38%** | **1.18%** | **91 pbs** | **111 pbs** |
| Allowances | 306205 | 227503 | 111067 | 34.6% | 175.7% |
| **Allowances /Total non-performing portfolio** | **115.15%** | **164.32%** | **165.50%** | **(4917)pbs** | **(5035)pbs** |
| Quarterly change in Write-offs | &nbsp;&nbsp;&nbsp;&nbsp;38507 | &nbsp;&nbsp;&nbsp;&nbsp;34205 | &nbsp;&nbsp;&nbsp;&nbsp;15663 | 12.6% | 145.8% |
| **Write offs / Total portfolio** | **0.33%** | **0.34%** | **0.27%** | **(1)pbs** | **6 pbs** |
| **Cost of Risk (CoR)** | **5.44%** | **4.40%** | **4.72%** | **104 pbs** | **72 pbs** |
| (1) Non-performing loans include: all loans to borrowers classified as "Deficient Servicing (Stage 3)", "High Insolvency Risk (Stage 4)", "Irrecoverable" and/or "Irrecoverable for Technical Decision" (Stage 5) according to BCRA debtor classification system | (1) Non-performing loans include: all loans to borrowers classified as "Deficient Servicing (Stage 3)", "High Insolvency Risk (Stage 4)", "Irrecoverable" and/or "Irrecoverable for Technical Decision" (Stage 5) according to BCRA debtor classification system | (1) Non-performing loans include: all loans to borrowers classified as "Deficient Servicing (Stage 3)", "High Insolvency Risk (Stage 4)", "Irrecoverable" and/or "Irrecoverable for Technical Decision" (Stage 5) according to BCRA debtor classification system | (1) Non-performing loans include: all loans to borrowers classified as "Deficient Servicing (Stage 3)", "High Insolvency Risk (Stage 4)", "Irrecoverable" and/or "Irrecoverable for Technical Decision" (Stage 5) according to BCRA debtor classification system | (1) Non-performing loans include: all loans to borrowers classified as "Deficient Servicing (Stage 3)", "High Insolvency Risk (Stage 4)", "Irrecoverable" and/or "Irrecoverable for Technical Decision" (Stage 5) according to BCRA debtor classification system | (1) Non-performing loans include: all loans to borrowers classified as "Deficient Servicing (Stage 3)", "High Insolvency Risk (Stage 4)", "Irrecoverable" and/or "Irrecoverable for Technical Decision" (Stage 5) according to BCRA debtor classification system |
| (1) Non-performing loans include: all loans to borrowers classified as "Deficient Servicing (Stage 3)", "High Insolvency Risk (Stage 4)", "Irrecoverable" and/or "Irrecoverable for Technical Decision" (Stage 5) according to BCRA debtor classification system | (1) Non-performing loans include: all loans to borrowers classified as "Deficient Servicing (Stage 3)", "High Insolvency Risk (Stage 4)", "Irrecoverable" and/or "Irrecoverable for Technical Decision" (Stage 5) according to BCRA debtor classification system | (1) Non-performing loans include: all loans to borrowers classified as "Deficient Servicing (Stage 3)", "High Insolvency Risk (Stage 4)", "Irrecoverable" and/or "Irrecoverable for Technical Decision" (Stage 5) according to BCRA debtor classification system | (1) Non-performing loans include: all loans to borrowers classified as "Deficient Servicing (Stage 3)", "High Insolvency Risk (Stage 4)", "Irrecoverable" and/or "Irrecoverable for Technical Decision" (Stage 5) according to BCRA debtor classification system | (1) Non-performing loans include: all loans to borrowers classified as "Deficient Servicing (Stage 3)", "High Insolvency Risk (Stage 4)", "Irrecoverable" and/or "Irrecoverable for Technical Decision" (Stage 5) according to BCRA debtor classification system | (1) Non-performing loans include: all loans to borrowers classified as "Deficient Servicing (Stage 3)", "High Insolvency Risk (Stage 4)", "Irrecoverable" and/or "Irrecoverable for Technical Decision" (Stage 5) according to BCRA debtor classification system |

---

In 2Q25, the NPL ratio (total non-performing portfolio/total portfolio) rose from 1.38% to 2.28%. This was due to an increase in the non-performing retail portfolio, reflecting a deterioration in non-performing credit card and consumer loans, which aligns with the overall systemic trend. Commercial non-performing loans, however, showed very good performance, decreasing from 0.14% to 0.10%.

Additionally, the coverage ratio (allowances/non-performing portfolio) reached 115.15% in 2Q25, down from 164.32% in 1Q25. Although the ratio remains high, the drop is due to a larger increase in the non-performing retail portfolio and lower provision requirements for new loans.

The cost of risk (loan loss allowances/average total loans) reached 5.44% in 2Q25, up from 4.40% in 1Q25. The increase is partly a result of a real rise in the change in provisions, which is in line with the quarterly portfolio growth and higher loss allowances.

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| **ANALYSIS FOR THE ALLOWANCE OF LOAN LOSSES**<br>**In millions of AR$**  | <br>**Balance at 12/31/2024** | **Stage 1** | **Stage 2** | **Stage 3** | **Monetary result generated by allowances** | **Balance at 06/30/2025** |
| Other financial assets | &nbsp;&nbsp;&nbsp;&nbsp;2079 | (198) | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;548 | (290) | 2139 |
| Loans and other financing | 182823 | &nbsp;&nbsp;&nbsp;&nbsp;6769 | 21785 | 126655 | (31827) | 306205 |
| Other debt securities | &nbsp;&nbsp;&nbsp;&nbsp;181 | &nbsp;&nbsp;&nbsp;&nbsp;(60) | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;(19) | 102 |
| Eventual commitments | 26219 | &nbsp;&nbsp;&nbsp;&nbsp;8772 | &nbsp;&nbsp;&nbsp;&nbsp;2608 | &nbsp;&nbsp;&nbsp;&nbsp;117 | (3758) | 33958 |
| **Total allowances** | **211302** | **15283** | **24393** | **127320** | **(35894)** | **342404** |
| Note: to be consistent with Financial Statements, it must be recorded from the beginning of the year instead of the quarter | Note: to be consistent with Financial Statements, it must be recorded from the beginning of the year instead of the quarter | Note: to be consistent with Financial Statements, it must be recorded from the beginning of the year instead of the quarter | Note: to be consistent with Financial Statements, it must be recorded from the beginning of the year instead of the quarter | Note: to be consistent with Financial Statements, it must be recorded from the beginning of the year instead of the quarter | Note: to be consistent with Financial Statements, it must be recorded from the beginning of the year instead of the quarter |  |

---

Allowances for the Bank in 2Q25 reflect expected losses driven by the adoption of the IFRS 9 standards as of January 1, 2020, except for debt instruments issued by the nonfinancial government sector which were excluded from the scope of such standard.

---

| | | |
|:---|:---|:---|
| ![](bbarpr2q256k_006.jpg) | 2Q25 Earnings Release | p.20 |

---

**Public Sector Exposure**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| |  |  |  | **∆ %** | **∆ %** |
| **NET PUBLIC DEBT EXPOSURE\***<br>**In millions of AR$ - Inflation adjusted** | **2Q25** | **1Q25** | **2Q24** | **QoQ** | **YoY** |
| **Treasury and National Government** | **623590** | **449048** | **351174** | **38.9%** | **77.6%** |
| National Treasury Public Debt in AR$ | 293002 | 323974 | &nbsp;&nbsp;&nbsp;&nbsp;117 | (9.6%) | n.m |
| National Treasury Public Debt CPI-linked | 12975 | 100287 | &nbsp;&nbsp;&nbsp;&nbsp;341 | (87.1%) | n.m |
| National Treasury Public Debt - Dual TAMAR AR$ | 30381 | 24721 | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;22.9% | N/A |
| National Treasury Public Debt in USD | 62 | 66 | 78 | (6.1%) | (20.5%) |
| National Treasury Public Debt USD-linked | 128419 | &nbsp;&nbsp;&nbsp;&nbsp;- | 350638 | N/A | (63.4%) |
| LEFIs | 158751 | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;- | N/A | N/A |
| **BCRA** | **703** | **-** | **-** | **N/A** | **N/A** |
|  BOPREAL | &nbsp;&nbsp;&nbsp;&nbsp;703 | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;- | N/A | N/A |
| **Public securities at FV through P&L** | **624293** | **449048** | **351174** | **39.0%** | **77.8%** |
| **Treasury and National Government** | **75425** | **133846** | **212955** | **(43.6%)** | **(64.6%)** |
| National Treasury Public Debt in AR$ | 10371 | 10948 | 19294 | (5.3%) | (46.2%) |
| National Treasury Public Debt CPI-linked | 65054 | 122898 | 193661 | (47.1%) | (66.4%) |
| **BCRA** | **-** | **-** | **20021** | **N/A** | **(100.0%)** |
| LEDIV\*\* | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;- | 20021 | N/A | &nbsp;&nbsp;&nbsp;&nbsp;(100.0%) |
| **Public securities at Amortized Cost** | **75425** | **133846** | **232976** | **(43.6%)** | **(67.6%)** |
| **Treasury and National Government** | **2338566** | **2363220** | **3204193** | **(1.0%)** | **(27.0%)** |
| National Treasury Public Debt in AR$ | 298036 | 606222 | 1879638 | (50.8%) | (84.1%) |
| National Treasury Public Debt CPI-linked | 1101308 | 1012297 | 1324555 | 8.8% | (16.9%) |
| National Treasury Public Debt in USD | 841405 | 640621 | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;31.3% | N/A |
| National Treasury Public Debt - Dual TAMAR AR$ | 97817 | 104080 | &nbsp;&nbsp;&nbsp;&nbsp;- | (6.0%) | N/A |
| **BCRA** | **32857** | **45333** | **51076** | **(27.5%)** | **(35.7%)** |
| LEFIS | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;- | N/A | N/A |
| BOPREAL | 32857 | 45333 | 51076 | (27.5%) | (35.7%) |
| **Public securities at FV through OCI** | **2371423** | **2408553** | **3255269** | **(1.5%)** | **(27.2%)** |
| **Total Public securities** | **3071142** | **2991447** | **3839419** | **2.7%** | **(20.0%)** |
| **Treasury and National Government** | **-** | **-** | **-** | **N/A** | **N/A** |
| **BCRA** | **-** | **-** | **388807** | **N/A** | **(100.0%)** |
| BCRA AR$ | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;- | 388807 | N/A | &nbsp;&nbsp;&nbsp;&nbsp;(100.0%) |
| **Total Repo** | **-** | **-** | **388807** | **N/A** | **(100.0%)** |
| Loans to the non-financial public sector | &nbsp;&nbsp;&nbsp;&nbsp;3707 | &nbsp;&nbsp;&nbsp;&nbsp;3483 | &nbsp;&nbsp;&nbsp;&nbsp;2372 | 6.4% | &nbsp;&nbsp;&nbsp;&nbsp;56.3% |
| Loans to the Central Bank | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;- | N/A | N/A |
| **Total loans to the public sector** | **3707** | **3483** | **2372** | **6.4%** | **56.3%** |
| **Total public sector exposure** | **3074849** | **2994930** | **4230598** | **2.7%** | **(27.3%)** |
| **Public sector exposure (Excl. BCRA)** | **3041289** | **2949597** | **3770694** | **3.1%** | **(19.3%)** |
|  **% Public sector exposure (Excl. BCRA) / Assets** | **15.8%** | **17.1%** | **28.3%** | **(129)pbs** | **(1256)pbs** |
| \*Deposits at the Central Bank used to comply with reserve requirements not included. Includes assets used as collateral. | \*Deposits at the Central Bank used to comply with reserve requirements not included. Includes assets used as collateral. |  |  |  |  |
| \*\*Securities denominated in foreign currency | \*\*Securities denominated in foreign currency | \*\*Securities denominated in foreign currency | \*\*Securities denominated in foreign currency | \*\*Securities denominated in foreign currency | \*\*Securities denominated in foreign currency |

---

In 2Q25, the total public sector exposure, excluding exposure to the Central Bank (BCRA), was $3.0 trillion, an increase of 3.1% or $91.7 billion QoQ and a decrease of 19.3% or $729.4 billion YoY. The QoQ increase is mainly due to a specific position in LEFIs at the end of the quarter, an instrument that was later removed from the market by the Treasury in July. There was also an increase in the position of dollar-linked bonds (USD-link).

The exposure to the public sector, excluding BCRA exposure, represents 15.8% of total assets, which is lower than the 17.1% in 1Q25 and 28.3% in 2Q24, in line with the progress of lending activity.

---

| | | |
|:---|:---|:---|
| ![](bbarpr2q256k_006.jpg) | 2Q25 Earnings Release | p.21 |

---

**Deposits**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| |  |  |  | **∆ %** | **∆ %** |
| **TOTAL DEPOSITS**<br>**In millions of AR$ - Inflation adjusted** | **2Q25** | **1Q25** | **2Q24** | **QoQ** | **YoY** |
| **Total deposits** | **13026616** | **11634571** | **8101038** | **12.0%** | **60.8%** |
| Non-financial Public Sector | &nbsp;&nbsp;&nbsp;&nbsp;126092 | &nbsp;&nbsp;&nbsp;&nbsp;119101 | &nbsp;&nbsp;&nbsp;&nbsp;251445 | &nbsp;&nbsp;&nbsp;&nbsp;5.9% | (49.9%) |
| Financial Sector | 9893 | 7468 | 2685 | 32.5% | 268.5% |
| **Non-financial private sector and residents abroad** | **12890631** | **11508002** | **7846908** | **12.0%** | **64.3%** |
| **Non-financial private sector and residents abroad - AR$** | **8677139** | **7815072** | **5682553** | **11.0%** | **52.7%** |
| Checking accounts\* | &nbsp;&nbsp;&nbsp;&nbsp;2225479 | &nbsp;&nbsp;&nbsp;&nbsp;2100877 | &nbsp;&nbsp;&nbsp;&nbsp;1705302 | &nbsp;&nbsp;&nbsp;&nbsp;5.9% | &nbsp;&nbsp;&nbsp;&nbsp;30.5% |
| Savings accounts\*\* | &nbsp;&nbsp;&nbsp;&nbsp;1624839 | &nbsp;&nbsp;&nbsp;&nbsp;1439893 | &nbsp;&nbsp;&nbsp;&nbsp;1416289 | 12.8% | &nbsp;&nbsp;&nbsp;&nbsp;14.7% |
| Time deposits | &nbsp;&nbsp;&nbsp;&nbsp;4452540 | &nbsp;&nbsp;&nbsp;&nbsp;3302508 | &nbsp;&nbsp;&nbsp;&nbsp;2139194 | 34.8% | 108.1% |
| Investment accounts \*\*\* | &nbsp;&nbsp;&nbsp;&nbsp;330128 | &nbsp;&nbsp;&nbsp;&nbsp;919884 | &nbsp;&nbsp;&nbsp;&nbsp;382081 | (64.1%) | (13.6%) |
| Other | 44153 | 51910 | 39687 | (14.9%) | &nbsp;&nbsp;&nbsp;&nbsp;11.3% |
| **Non-financial private sector and res. abroad - Foreign Currency** | **4213492** | **3692930** | **2164355** | **14.1%** | **94.7%** |
| Checking accounts\* | 944 | 617 | 706 | 53.0% | &nbsp;&nbsp;&nbsp;&nbsp;33.7% |
| Savings accounts\*\* | &nbsp;&nbsp;&nbsp;&nbsp;3807841 | &nbsp;&nbsp;&nbsp;&nbsp;3427931 | &nbsp;&nbsp;&nbsp;&nbsp;1995556 | 11.1% | &nbsp;&nbsp;&nbsp;&nbsp;90.8% |
| Time deposits | &nbsp;&nbsp;&nbsp;&nbsp;392533 | &nbsp;&nbsp;&nbsp;&nbsp;253122 | &nbsp;&nbsp;&nbsp;&nbsp;154620 | 55.1% | 153.9% |
| Other | 12174 | 11260 | 13473 | &nbsp;&nbsp;&nbsp;&nbsp;8.1% | &nbsp;&nbsp;&nbsp;&nbsp;(9.6%) |
| **% of total portfolio in the private sector in AR$** | **67.3%** | **67.9%** | **72.4%** | **(60)pbs** | **(510)pbs** |
| **% of total portfolio in the private sector in Foregin Currency** | **32.7%** | **32.1%** | **27.6%** | **60 pbs** | **510 pbs** |
| **% of UVA Time deposits & Investment accounts / Total AR$ Time deposits & Investment accounts** | **0.8%** | **1.3%** | **0.0%** | **(43)pbs** | **83 pbs** |
| \*Includes interest-bearing checking accounts |  |  |  |  |  |
| \*\*Includes special checking accounts | \*\*Includes special checking accounts | \*\*Includes special checking accounts | \*\*Includes special checking accounts | \*\*Includes special checking accounts | \*\*Includes special checking accounts |
| \*\*\*Refers to callable time deposits | \*\*\*Refers to callable time deposits | \*\*\*Refers to callable time deposits | \*\*\*Refers to callable time deposits | \*\*\*Refers to callable time deposits | \*\*\*Refers to callable time deposits |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| |  |  |  | **∆ %** | **∆ %** |
| **DEPOSITS TO THE NON-FINANCIAL PRIVATE SECTOR AND RES. ABROAD IN FOREIGN CURRENCY**<br>**In millions of USD** | **2Q25** | **1Q25** | **2Q24** | **QoQ** | **YoY** |
| FX rate\* | &nbsp;&nbsp;&nbsp;&nbsp;1194.08 | &nbsp;&nbsp;&nbsp;&nbsp;1073.88 | &nbsp;&nbsp;&nbsp;&nbsp;911.80 | 11.2% | 31.0% |
| Non-financial private sector and residents abroad - Foreign Currency (USD) | 3529 | 3244 | 1703 | &nbsp;&nbsp;&nbsp;&nbsp;8.8% | 107.2% |
| \*Wholesale U.S. dollar foreign exchange rates on BCRA's Communication "A" 3500, as of the end of period. | \*Wholesale U.S. dollar foreign exchange rates on BCRA's Communication "A" 3500, as of the end of period. | \*Wholesale U.S. dollar foreign exchange rates on BCRA's Communication "A" 3500, as of the end of period. | \*Wholesale U.S. dollar foreign exchange rates on BCRA's Communication "A" 3500, as of the end of period. | \*Wholesale U.S. dollar foreign exchange rates on BCRA's Communication "A" 3500, as of the end of period. | \*Wholesale U.S. dollar foreign exchange rates on BCRA's Communication "A" 3500, as of the end of period. |

---

During 2Q25, total deposits reached $13.0 trillion, an increase of 12.0% or $1.4 trillion QoQ, and 60.8% or $4.93 trillion YoY.

Total private sector deposits in 2Q25 reached $12.9 trillion, marking an increase of 12.0% from 1Q25 and 64.3% from 2Q24.

Private non-financial sector deposits in pesos totaled $8.7 trillion, an increase of 11.0% compared to 1Q25 and 52.7% YoY. The QoQ variation is explained by a 34.8% increase in time deposits, which was negatively offset by a 64.1% drop in investment accounts.

Private non-financial sector deposits in foreign currency, expressed in pesos, increased by 14.1% QoQ and 94.7% YoY. This is mainly due to an 11.1% increase in savings accounts, followed by a 55.1% increase in time deposits. Foreign currency deposits expressed in USD increased by 8.8%.

---

| | | |
|:---|:---|:---|
| ![](bbarpr2q256k_006.jpg) | 2Q25 Earnings Release | p.22 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| |  |  |  | **∆ %** | **∆ %** |
| **PRIVATE DEPOSITS**<br>**In millions of AR$ - Inflation adjusted** | **2Q25** | **1Q25** | **2Q24** | **QoQ** | **YoY** |
| **Non-financial private sector and residents abroad** | **12890631** | **11508002** | **7846908** | **12.0%** | **64.3%** |
| **Sight deposits** | **7715430** | **7032488** | **5171013** | **9.7%** | **49.2%** |
| Checking accounts\* | &nbsp;&nbsp;&nbsp;&nbsp;2226423 | &nbsp;&nbsp;&nbsp;&nbsp;2101494 | &nbsp;&nbsp;&nbsp;&nbsp;1706008 | &nbsp;&nbsp;&nbsp;&nbsp;5.9% | 30.5% |
| Savings accounts\*\* | &nbsp;&nbsp;&nbsp;&nbsp;5432680 | &nbsp;&nbsp;&nbsp;&nbsp;4867824 | &nbsp;&nbsp;&nbsp;&nbsp;3411845 | 11.6% | 59.2% |
| Other | 56327 | 63170 | 53160 | (10.8%) | &nbsp;&nbsp;&nbsp;&nbsp;6.0% |
| **Time deposits** | **5175201** | **4475514** | **2675895** | **15.6%** | **93.4%** |
| Time deposits | &nbsp;&nbsp;&nbsp;&nbsp;4845073 | &nbsp;&nbsp;&nbsp;&nbsp;3555630 | &nbsp;&nbsp;&nbsp;&nbsp;2293814 | 36.3% | 111.2% |
| Investment accounts\*\*\* | &nbsp;&nbsp;&nbsp;&nbsp;330128 | &nbsp;&nbsp;&nbsp;&nbsp;919884 | &nbsp;&nbsp;&nbsp;&nbsp;382081 | (64.1%) | (13.6%) |
| **% of sight deposits over total private deposits** | **60.3%** | **61.5%** | **67.0%** | **(126)pbs** | **(670)pbs** |
| **% of time deposits over total private deposits** | **39.7%** | **38.5%** | **33.0%** | **126 pbs** | **670 pbs** |
| \*Includes interest-bearing checking accounts | \*Includes interest-bearing checking accounts | \*Includes interest-bearing checking accounts | \*Includes interest-bearing checking accounts | \*Includes interest-bearing checking accounts | \*Includes interest-bearing checking accounts |
| \*\*Includes special checking accounts | \*\*Includes special checking accounts | \*\*Includes special checking accounts | \*\*Includes special checking accounts | \*\*Includes special checking accounts | \*\*Includes special checking accounts |
| \*\*\*Refers to callable time deposits | \*\*\*Refers to callable time deposits | \*\*\*Refers to callable time deposits | \*\*\*Refers to callable time deposits | \*\*\*Refers to callable time deposits | \*\*\*Refers to callable time deposits |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| |  |  |  | **∆ %** | **∆ %** |
| **PRIVATE DEPOSITS -** NON RESTATED FIGURES<br>**In millions of AR$** | **2Q25** | **1Q25** | **2Q24** | **QoQ** | **YoY** |
| Sight deposits | 7715430 | 6633637 | 1708958 | 16.3% | 351.5% |
| Time deposits | 5175201 | 4221684 | 1919310 | 22.6% | 169.6% |
| Total deposits | 12890631 | 10855321 | 5628268 | 18.7% | 129.0% |

---

In nominal terms, BBVA Argentina managed to increase sight deposits, time deposits, and total deposits by 16.3%, 22.6%, and 18.7% respectively, surpassing quarterly inflation in every case.

As of 2Q25, the Bank's transactional deposits (checking and savings accounts) accounted for 58.8% of total private non-financial deposits, totaling $7.7 trillion, compared to 59.9% in 1Q25.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| |  |  |  | **∆ bps** | **∆ bps** |
| **MARKET SHARE -** PRIVATE SECTOR DEPOSITS<br>**In %** | **2Q25** | **1Q25** | **2Q24** | **QoQ** | **YoY** |
| Private sector Deposits - Consolidated\* | 9.64% | 9.15% | 7.50% | 49 pbs | 214 pbs |
| Based on daily BCRA information. Capital balance as of the last day of each quarter. There may be differences generated by the gap between the siscen BCRA information and published financial statements | Based on daily BCRA information. Capital balance as of the last day of each quarter. There may be differences generated by the gap between the siscen BCRA information and published financial statements | Based on daily BCRA information. Capital balance as of the last day of each quarter. There may be differences generated by the gap between the siscen BCRA information and published financial statements | Based on daily BCRA information. Capital balance as of the last day of each quarter. There may be differences generated by the gap between the siscen BCRA information and published financial statements | Based on daily BCRA information. Capital balance as of the last day of each quarter. There may be differences generated by the gap between the siscen BCRA information and published financial statements | Based on daily BCRA information. Capital balance as of the last day of each quarter. There may be differences generated by the gap between the siscen BCRA information and published financial statements |

---

---

| | | |
|:---|:---|:---|
| ![](bbarpr2q256k_006.jpg) | 2Q25 Earnings Release | p.23 |

---

**Other Source of Funds**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| |  |  |  | **∆ %** | **∆ %** |
| **OTHER SOURCES OF FUNDS**<br>**In millions of AR$ - Inflation adjusted** | **2Q25** | **1Q25** | **2Q24** | **QoQ** | **YoY** |
| **Other sources of funds** | **3734818** | **3560205** | **3268303** | **4.9%** | **14.3%** |
| Central Bank | 389 | 294 | 197 | 32.3% | 97.5% |
| Banks and international organizations | 66507 | 50130 | &nbsp;&nbsp;&nbsp;&nbsp;15518 | 32.7% | 328.6% |
| Financing received from local financial institutions | &nbsp;&nbsp;&nbsp;&nbsp;300628 | &nbsp;&nbsp;&nbsp;&nbsp;250431 | &nbsp;&nbsp;&nbsp;&nbsp;50032 | 20.0% | n.m |
| REPOs | &nbsp;&nbsp;&nbsp;&nbsp;- |  | 247477 | N/A | (100.0%) |
| Corporate bonds | &nbsp;&nbsp;&nbsp;&nbsp;432192 | &nbsp;&nbsp;&nbsp;&nbsp;272675 | &nbsp;&nbsp;&nbsp;&nbsp;15408 | 58.5% | n.m |
| Equity | &nbsp;&nbsp;&nbsp;&nbsp;2935102 | &nbsp;&nbsp;&nbsp;&nbsp;2986675 | 2939671 | (1.7%) | (0.2%) |

---

In 2Q25, the total amount from other source of funds was $3.7 trillion, an increase of 4.9% or $174.61 billion QoQ, and 14.3% or $466.52 billion YoY.

The QoQ change is mostly explained by a 58.5% increase in funding from corporate bonds. In 2Q25, BBVA Argentina continued to issue corporate bonds, Class 35 and Class 36, with maturities of one year or less.

Additionally, there was a 1.7% decrease in equity, which includes the negative effect of the dividend distribution declared at the Shareholders' Meeting in April 2025.

**Liquid Assets**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| |  |  |  | **∆ %** | **∆ %** |
| **TOTAL LIQUID ASSETS**<br>**In millions of AR$ - Inflation adjusted** | **2Q25** | **1Q25** | **2Q24** | **QoQ** | **YoY** |
| **Total liquid assets** | **6347359** | **5535714** | **5638365** | **14.7%** | **12.6%** |
| Cash and deposits in banks | 3314124 | 2598269 | 2022506 | &nbsp;&nbsp;&nbsp;&nbsp;27.6% | &nbsp;&nbsp;&nbsp;&nbsp;63.9% |
| Debt securities at fair value through P&L | 624294 | 450534 | 351174 | &nbsp;&nbsp;&nbsp;&nbsp;38.6% | &nbsp;&nbsp;&nbsp;&nbsp;77.8% |
| &nbsp;&nbsp;&nbsp;&nbsp;*Government securities* | *464840* | *450534* | *351174* | *3.2%* | *32.4%* |
| &nbsp;&nbsp;&nbsp;&nbsp;*LEFIs* | *703* | *-* | *-* | *N/A* | *N/A* |
| Net REPO transactions | *-* | *-* | *141328* | *N/A* | *(100.0%)* |
| Other debt securities | 2398135 | 2483910 | 3112955 | &nbsp;&nbsp;&nbsp;&nbsp;(3.5%) | (23.0%) |
| &nbsp;&nbsp;&nbsp;&nbsp;*Government securities* | *2398135* | *2438577* | *3092934* | *(1.7%)* | *(22.5%)* |
| &nbsp;&nbsp;&nbsp;&nbsp;*Liquidity bills of B. C. R. A.* | *-* | *45333* | *20021* | *(100.0%)* | *(100.0%)* |
| Overnight transactios in foreign banks | &nbsp;&nbsp;&nbsp;&nbsp;10806 | 3001 | &nbsp;&nbsp;&nbsp;&nbsp;10402 | 260.1% | 3.9% |
| **Liquid assets / Total Deposits** | **48.7%** | **47.6%** | **69.6%** | **115 pbs** | **(2087)pbs** |
| **Liquid assets / Total Deposits ARS** | **45.4%** | **43.8%** | **61.4%** | **161 pbs** | **(1600)pbs** |
| **Liquid assets / Total Deposits USD** | **55.5%** | **55.4%** | **89.0%** | **12 pbs** | **(3352)pbs** |

---

In 2Q25, the Bank's liquid assets reached $6.4 trillion, an increase of 14.7% or $811.7 billion QoQ, and 12.6% or $709.0 billion YoY. The increase is mainly due to a 27.6% rise in *cash and deposits in banks*, resulting from higher cash reserve requirements in pesos and the revaluation of foreign currency balances (which remained almost stable in nominal terms).

For the quarter, the liquidity ratio (liquid assets/total deposits) reached 48.7%. The liquidity ratio in local and foreign currency reached 45.4% and 55.5% respectively.

---

| | | |
|:---|:---|:---|
| ![](bbarpr2q256k_006.jpg) | 2Q25 Earnings Release | p.24 |

---

**Solvency**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| |  |  |  | **∆ %** | **∆ %** |
| **MINIMUM CAPITAL REQUIREMENT**<br>**In millions of AR$ - Inflation adjusted** | **2Q25** | **1Q25** | **2Q24** | **QoQ** | **YoY** |
| **Minimum capital requirement** | **1143065** | **1013766** | **827563** | **12.8%** | **38.1%** |
| Credit risk | 1093483 | 991582 | 563975 | 10.3% | &nbsp;&nbsp;&nbsp;&nbsp;93.9% |
| Market risk | &nbsp;&nbsp;&nbsp;&nbsp;26816 | 5720 | 2993 | 368.8% | n.m |
| Operational risk | &nbsp;&nbsp;&nbsp;&nbsp;22766 | &nbsp;&nbsp;&nbsp;&nbsp;16464 | 260595 | 38.3% | (91.3%) |
| **Integrated Capital - RPC (1)\*** | **2559139** | **2649344** | **2567737** | **(3.4%)** | **(0.3%)** |
| Ordinary Capital Level 1 (COn1) | 2863299 | 2955370 | 2866014 | (3.1%) | &nbsp;&nbsp;&nbsp;&nbsp;(0.1%) |
| Deductible items COn1 | (304160) | (306025) | (298277) | &nbsp;&nbsp;&nbsp;&nbsp;0.6% | &nbsp;&nbsp;&nbsp;&nbsp;(2.0%) |
| **Excess Capital** |  |  |  |  |  |
| Integration excess | 1416074 | 1635578 | 1740174 | (13.4%) | (18.6%) |
| Excess as % of minimum capital requirement | 123.9% | 161.3% | 210.3% | &nbsp;&nbsp;&nbsp;&nbsp;(3745)pbs | &nbsp;&nbsp;&nbsp;&nbsp;(8639)pbs |
| Risk-weighted assets (RWA, according to B.C.R.A. regulation) (2) | 13890203 | 12311061 | 10139200 | 12.8% | &nbsp;&nbsp;&nbsp;&nbsp;37.0% |
| **Regulatory Capital Ratio (1)/(2)** | **18.4%** | **21.5%** | **25.3%** | **(310)pbs** | **(690)pbs** |
| **TIER I Capital Ratio (Ordinary Capital Level 1/ RWA)** | **18.4%** | **21.5%** | **25.3%** | **(310)pbs** | **(690)pbs** |
| \* RPC includes 100% of quarterly results | \* RPC includes 100% of quarterly results | \* RPC includes 100% of quarterly results | \* RPC includes 100% of quarterly results | \* RPC includes 100% of quarterly results | \* RPC includes 100% of quarterly results |

---

BBVA continues to show solid solvency indicators as of 2Q25. The capital ratio reached 18.4%, down from 21.5% in 1Q25. The excess capital integration over the regulatory requirement was $1.4 trillion, or 123.9%.

The QoQ drop in the ratio was due to a 12.8% increase in risk-weighted assets (RWA), which was higher than the 3.1% decrease in Common Equity Tier 1 (CET1) capital. This was driven by a rise in activity, which increased the RWA requirements. Additionally, the previously mentioned decline in equity is partly explained by the dividend distribution announced at the General Shareholders' Meeting in April.

---

| | | |
|:---|:---|:---|
| ![](bbarpr2q256k_006.jpg) | 2Q25 Earnings Release | p.25 |

---

**BBVA Argentina Asset Management S.A.**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| |  |  |  | **∆ %** | **∆ %** |
| **MUTUAL FUNDS ASSETS**<br>**In millions of AR$ - Inflation adjusted** | **2Q25** | **1Q25** | **2Q24** | **QoQ** | **YoY** |
| FBA Renta Pesos | 2876645 | 3263161 | 2413459 | &nbsp;&nbsp;&nbsp;&nbsp;(11.8%) | 19.2% |
| FBA Ahorro Pesos | 161217 | 163255 | &nbsp;&nbsp;&nbsp;&nbsp;57122 | (1.2%) | 182.2% |
| FBA Renta Fija Dólar I | 147702 | 121403 |  | 21.7% | N/A |
| FBA Acciones Argentinas | &nbsp;&nbsp;&nbsp;&nbsp;83438 | 113905 | 107254 | &nbsp;&nbsp;&nbsp;&nbsp;(26.7%) | &nbsp;&nbsp;&nbsp;&nbsp;(22.2%) |
| FBA Horizonte | &nbsp;&nbsp;&nbsp;&nbsp;55024 | &nbsp;&nbsp;&nbsp;&nbsp;37189 | 7498 | 48.0% | n.m |
| FBA Bonos Argentina | &nbsp;&nbsp;&nbsp;&nbsp;39136 | &nbsp;&nbsp;&nbsp;&nbsp;31707 | &nbsp;&nbsp;&nbsp;&nbsp;19771 | 23.4% | 97.9% |
| FBA Renta Fija Plus | &nbsp;&nbsp;&nbsp;&nbsp;29714 | &nbsp;&nbsp;&nbsp;&nbsp;31284 | &nbsp;&nbsp;&nbsp;&nbsp;18293 | (5.0%) | 62.4% |
| FBA Renta Mixta | &nbsp;&nbsp;&nbsp;&nbsp;13121 | &nbsp;&nbsp;&nbsp;&nbsp;16372 | 9928 | &nbsp;&nbsp;&nbsp;&nbsp;(19.9%) | 32.2% |
| FBA Renta Pública I | &nbsp;&nbsp;&nbsp;&nbsp;10039 | 7593 | 6687 | 32.2% | 50.1% |
| FBA Acciones Latinoamericanas | 9122 | &nbsp;&nbsp;&nbsp;&nbsp;10442 | 9200 | &nbsp;&nbsp;&nbsp;&nbsp;(12.6%) | (0.8%) |
| FBA Renta Fija Dólar Plus I | 8110 | 842 | &nbsp;&nbsp;&nbsp;&nbsp;6 | n.m | n.m |
| FBA Money Market Dólar | 5032 |  |  | N/A | N/A |
| FBA Bonos Globales | 11 | 12 | 21 | (8.3%) | &nbsp;&nbsp;&nbsp;&nbsp;(47.6%) |
| FBA Horizonte Plus | 10 | 11 | 15 | (9.1%) | &nbsp;&nbsp;&nbsp;&nbsp;(33.3%) |
| FBA Retorno Total I | &nbsp;&nbsp;&nbsp;&nbsp;2 | &nbsp;&nbsp;&nbsp;&nbsp;2 | 14 |  |  |
| FBA Gestión I |  |  | 103 | N/A | (100.0%) |
| FBA Calificado |  |  |  | N/A | N/A |
| **Total Equity** | **3438323** | **3797178** | **2649371** | **(9.5%)** | **29.8%** |
| **AMASAU Net Income** | **9940** | **10051** | **5041** | **(1.1%)** | **97.2%** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BBVA ASSET MANAGEMENT** | **BBVA ASSET MANAGEMENT** | **BBVA ASSET MANAGEMENT** | **BBVA ASSET MANAGEMENT** | **BBVA ASSET MANAGEMENT** |
| |  |  |  | **∆ bps** | **∆ bps** |
| **MARKET SHARE -** MUTUAL FUNDS<br>**In %** | **2Q25** | **1Q25** | **2Q24** | **QoQ** | **YoY** |
| Mutual funds | 5.16% | 5.45% | 4.60% | &nbsp;&nbsp;&nbsp;&nbsp;(29)pbs | 85 pbs |
| Source: Cámara Argentina de Fondos Comunes de Inversión | Source: Cámara Argentina de Fondos Comunes de Inversión | Source: Cámara Argentina de Fondos Comunes de Inversión | Source: Cámara Argentina de Fondos Comunes de Inversión | Source: Cámara Argentina de Fondos Comunes de Inversión | Source: Cámara Argentina de Fondos Comunes de Inversión |

---

---

| | | |
|:---|:---|:---|
| ![](bbarpr2q256k_006.jpg) | 2Q25 Earnings Release | p.26 |

---

**Other Events**

**Main Relevant Events**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Changes in First-Line Management.** On June 13, 2025, changes were made to the First-Line Management, with Mr. Javier Lipuzcoa appointed as the new Director of Retail Banking. For more information, click here.

**Dividend Payments**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Installment 1 of 10:** On June 17, 2025, the payment of the first of ten dividend installments was announced. For more information, click here.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Installment 2 of 10:** On July 17, 2025, the payment of the second of ten dividend installments was announced. For more information, click here.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Installment 3 of 10:** On August 14, 2025, the payment of the third of ten dividend installments was announced. For more information, click here

**Recent Regulatory Changes**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Time Deposits and Investments (Communication "A" 8246, 06/02/2025).** Starting with deposits received on or after June 2, the regulations for deposits with the option of early cancellation in Units of Acquisitive Value (UVA) indexed to the CER - Law 25.827 are now void. Time deposits with an early cancellation option, expressed in UVA and received from individuals from this date, will have a minimum term of 90 days and will be governed by the provisions of point 2.3 of the updated text on Time Deposits and Investments. The key changes are: (i) they are no longer mandatory to offer, (ii) the minimum term is reduced from 180 to 90 days, (iii) the $5 million per client limit is removed, and (iv) the minimum rate of UVA + 1% is eliminated.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Minimum Cash Reserve (Communication "A" 8252, 06/06/2025).** The Central Bank now allows the residual term of national public securities to be considered when meeting the minimum cash reserve requirement in pesos, as specified in the first paragraph of point 1.3.17 of the updated text.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Minimum Cash Reserve (Communication "A" 8263, 06/27/2025).** Effective July 1, the Central Bank has suspended the daily minimum integration requirement in pesos that was stipulated in the updated text on Minimum Cash Reserve.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Minimum Cash Reserve (Communication "A" 8277, 07/11/2025).** Financial institutions can transfer any excess average minimum cash reserve integration in pesos registered during the July to October 2025 periods to the following month's position. This transfer is not cumulative and is subject to decreasing limits (4%, 3%, 2%, and 1% of the period's requirement). The communication clarifies that if a transfer of the requirement has been made as planned, the adjusted minimum cash reserve requirement should be considered.

---

| | | |
|:---|:---|:---|
| ![](bbarpr2q256k_006.jpg) | 2Q25 Earnings Release | p.27 |

---

**Glossary**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Active clients:** holders of at least one active product. Subgroup of total clients that comply with the requirements of being an account holder with a positive business volume in the last three months. Does not include joint account. Excludes clients with arreas. SMEs includes entrepreneurs.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **APR:** Annual Percentage Rate

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **APY:** Annual Percentage Yield

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Cost of Risk (accumulated):** Year to date accumulated loan loss allowances / Average total loans.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Average total loans:** average between previous year-end Total loans and other financing and current period Total loans and other financing.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Cost of Risk (quarterly):** Current period Loan loss allowances / Average total loans. Average total loans: average between previous quarter-end Total loans and other financing and current period Total loans and other financing.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Coverage ratio:** Quarterly allowances under the Expected Credit Loss model / total non-performing portfolio.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Digital clients:** we consider a customer to be an active user of online banking when they have been logged at least once within the last three months using the internet or a cell phone and SMS banking.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Efficiency ratio (accumulated):** Accumulated (Personnel benefits+ Administrative expenses + Depreciation & Amortization) / Accumulated (Net Interest Income + Net Fee Income + Net Income from measurement of Financial Instruments at Fair Value through P&L + Net income from write-down of assets at amortized cost and at fair value through OCI + Foreign exchange and gold gains + some concepts included in Other net operating income+ Income from net monetary position).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Efficiency ratio (quarterly):** (Personnel benefits+ Administrative expenses + Depreciation & Amortization) / (Net Interest Income + Net Fee Income + Net Income from measurement of Financial Instruments at Fair Value through P&L + Net income from write-down of assets at amortized cost and at fair value through OCI + Foreign exchange and gold gains + some concepts included in Other net operating income+ Income from net monetary position).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Financial margin:** Net income from financial instruments at FV through P&L + Net loss from write-down of assets at amortized cost and fair value through OCI + Foreign exchange and gold gains

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Liquidity Ratio:** (Cash and deposits in banks + Debt securities at fair value through P&L (Excl. Private securities) + Net REPO transactions + Other debt securities (Excl. Private securities) + Overnight transactions in foreign banks/ Total Deposits.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Mobile clients:** customers who have been active in online banking at least once in the last three months using a mobile device.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Net Interest Margin (NIM) – (quarterly):** Quarterly Net Interest Income / Average quarterly interest earning assets.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Adjusted NIM:** (Quarterly Net Interest Income - Net Monetary Position
Results) / Average quarterly interest earning assets.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Public Sector Exposure (excl. BCRA):** (National and Provincial Government public debt + Loans to the public sector + REPO transactions) / Total Assets.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **ROA (accumulated):** Accumulated net Income of the period attributable to owners of the parent / Total Average Assets. Total Average Assets is calculated as the average between total assets on December of the previous year and total assets in the current period, expressed in local currency. Calculated over a 365-day year.

---

| | | |
|:---|:---|:---|
| ![](bbarpr2q256k_006.jpg) | 2Q25 Earnings Release | p.28 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **ROA (quarterly):** Net Income of the period attributable to owners of the parent / Total Average Assets. Total Average Assets is calculated as the average between total assets on the previous quarter-end and total assets in the current period, expressed in local currency. Calculated over a 365-day year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **ROE (accumulated):** Accumulated net Income of the period attributable to owners of the parent / Average Equity attributable to owners of the parent. Average Equity is calculated as the average between equity in December of the previous year and equity in the current period, expressed in local currency. Calculated over a 365-day year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **ROE (quarterly):** Net Income of the period attributable to owners of the parent / Average Equity attributable to owners of the parent. Average Equity is calculated as the average between equity on the previous quarter end and equity in the current period, expressed in local currency. Calculated over a 365-day year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Spread:** (Quarterly Interest Income / Quarterly average Interest-earning Assets) – (Quarterly Interest Expenses / Quarterly average interest-bearing liabilities).

**<u>Other terms</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **n.m.:** not meaningful. Implies an increase above 500% and a decrease below -500%.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **N/A:** not applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Bps:** basis points.

---

| | | |
|:---|:---|:---|
| ![](bbarpr2q256k_006.jpg) | 2Q25 Earnings Release | p.29 |

---

**Balance Sheet**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| |  |  |  | **∆ %** | **∆ %** |
| **BALANCE SHEET**<br>**In millions of AR$ - Inflation adjusted** | **2Q25** | **1Q25** | **2Q24** | **QoQ** | **YoY** |
| **Assets** |  |  |  |  |  |
| Cash and deposits in banks | &nbsp;&nbsp;&nbsp;&nbsp;3314124 | 2598269 | 2022506 | 27.6% | 63.9% |
| &nbsp;&nbsp;&nbsp;&nbsp;*Cash* | *822127* | *1194098* | *994414* | *(31.2%)* | *(17.3%)* |
| &nbsp;&nbsp;&nbsp;&nbsp; *Financial institutions and correspondents* | *2480826* | *1402379* | *1017798* | *76.9%* | *143.7%* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*BCRA* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *1572780* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *919359* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *918100* | *71.1%* | *71.3%* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Other local and foreign financial institutions* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *908046* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *483020* | *99698* | *88.0%* | *n.m* |
| &nbsp;&nbsp;&nbsp;&nbsp;*Other* | *11171* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *1792* | *10294* | *n.m* | *8.5%* |
| Debt securities at fair value through profit or loss | &nbsp;&nbsp;&nbsp;&nbsp;624361 | 450603 | 351650 | 38.6% | 77.6% |
| Derivatives | 12038 | 7080 | 7922 | 70.0% | 52.0% |
| Repo transactions |  |  | 388805 | N/A | (100.0%) |
| Other financial assets | &nbsp;&nbsp;&nbsp;&nbsp;193782 | 512734 | 215140 | (62.2%) | &nbsp;&nbsp;&nbsp;&nbsp;(9.9%) |
| Loans and other financing | 11153841 | 9624625 | 5318719 | 15.9% | &nbsp;&nbsp;&nbsp;&nbsp;109.7% |
| &nbsp;&nbsp;&nbsp;&nbsp;*Non-financial public sector* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *3707* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *3483* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *2372* | *6.4%* | *56.3%* |
| &nbsp;&nbsp;&nbsp;&nbsp;*B.C.R.A* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *-* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *-* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *-* | *N/A* | *N/A* |
| &nbsp;&nbsp;&nbsp;&nbsp;*Other financial institutions* | *144850* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *74975* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *30516* | *93.2%* | *374.7%* |
| &nbsp;&nbsp;&nbsp;&nbsp;*Non-financial private sector and residents abroad* | *11005284* | *9546167* | *5285831* | *15.3%* | *108.2%* |
| Other debt securities | &nbsp;&nbsp;&nbsp;&nbsp;2424560 | 2516423 | 3146025 | &nbsp;&nbsp;&nbsp;&nbsp;(3.7%) | (22.9%) |
| Financial assets pledged as collateral | &nbsp;&nbsp;&nbsp;&nbsp;355070 | 339460 | 644433 | 4.6% | (44.9%) |
| Current income tax assets | &nbsp;&nbsp;&nbsp;&nbsp;85 | &nbsp;&nbsp;&nbsp;&nbsp;47948 | &nbsp;&nbsp;&nbsp;&nbsp;63191 | (99.8%) | (99.9%) |
| Investments in equity instruments | 15329 | &nbsp;&nbsp;&nbsp;&nbsp;14745 | &nbsp;&nbsp;&nbsp;&nbsp;13104 | 4.0% | 17.0% |
| Investments in subsidiaries and associates | 31821 | &nbsp;&nbsp;&nbsp;&nbsp;28077 | &nbsp;&nbsp;&nbsp;&nbsp;25322 | 13.3% | 25.7% |
| Property and equipment | &nbsp;&nbsp;&nbsp;&nbsp;748332 | 740008 | 773638 | 1.1% | &nbsp;&nbsp;&nbsp;&nbsp;(3.3%) |
| Intangible assets | 88504 | &nbsp;&nbsp;&nbsp;&nbsp;82467 | &nbsp;&nbsp;&nbsp;&nbsp;80553 | 7.3% | 9.9% |
| Deferred income tax assets | 34719 | &nbsp;&nbsp;&nbsp;&nbsp;50475 | &nbsp;&nbsp;&nbsp;&nbsp;35065 | (31.2%) | &nbsp;&nbsp;&nbsp;&nbsp;(1.0%) |
| Other non-financial assets | &nbsp;&nbsp;&nbsp;&nbsp;264252 | 251258 | 214258 | 5.2% | 23.3% |
| Non-current assets held for sale | 3636 | 3636 | 2136 |  | 70.2% |
| **Total Assets** | **19264454** | **17267808** | **13302467** | **11.6%** | **44.8%** |
| **Liabilities** |  |  |  |  |  |
| Deposits | 13026616 | 11634571 | 8101038 | 12.0% | 60.8% |
| &nbsp;&nbsp;&nbsp;&nbsp;*Non-financial public sector* | *126092* | *119101* | *251445* | *5.9%* | *(49.9%)* |
| &nbsp;&nbsp;&nbsp;&nbsp;*Financial sector* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *9893* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *7468* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *2685* | *32.5%* | *268.5%* |
| &nbsp;&nbsp;&nbsp;&nbsp;*Non-financial private sector and residents abroad* | *12890631* | *11508002* | *7846908* | *12.0%* | *64.3%* |
| Liabilities at fair value through profit or loss | 423 |  | 272 | N/A | 55.5% |
| Derivatives | 15046 | &nbsp;&nbsp;&nbsp;&nbsp;13401 | 717 | 12.3% | n.m |
| Reverse REPO transactions |  |  | 247477 | N/A | (100.0%) |
| Other financial liabilities | &nbsp;&nbsp;&nbsp;&nbsp;1659224 | 1311391 | 1240108 | 26.5% | 33.8% |
| Financing received from the B.C.R.A. and other financial institutions | &nbsp;&nbsp;&nbsp;&nbsp;367524 | 300855 | &nbsp;&nbsp;&nbsp;&nbsp;65747 | 22.2% | &nbsp;&nbsp;&nbsp;&nbsp;459.0% |
| Corporate bonds issued | &nbsp;&nbsp;&nbsp;&nbsp;432192 | 272675 | &nbsp;&nbsp;&nbsp;&nbsp;15408 | 58.5% | n.m |
| Current income tax liabilities | 16971 | &nbsp;&nbsp;&nbsp;&nbsp;22023 | 5766 | (22.9%) | &nbsp;&nbsp;&nbsp;&nbsp;194.3% |
| Subordinated corporate bonds |  |  |  | N/A | N/A |
| Provisions | 61928 | &nbsp;&nbsp;&nbsp;&nbsp;54643 | &nbsp;&nbsp;&nbsp;&nbsp;45088 | 13.3% | 37.3% |
| Deferred income tax liabilities |  |  |  | N/A | N/A |
| Other non-financial liabilities | &nbsp;&nbsp;&nbsp;&nbsp;749428 | 671574 | 641175 | 11.6% | 16.9% |
| **Total Liabilities** | **16329352** | **14281133** | **10362796** | **14.3%** | **57.6%** |
| **Equity** |  |  |  |  |  |
| Share Capital | 613 | 613 | 613 |  |  |
| Non-capitalized contributions | 6745 | 6745 | 6745 |  |  |
| Capital adjustments | &nbsp;&nbsp;&nbsp;&nbsp;1040006 | 1040006 | 1040006 |  |  |
| Reserves | &nbsp;&nbsp;&nbsp;&nbsp;1761474 | 1457815 | 1457815 | 20.8% | 20.8% |
| Retained earnings |  | 406571 |  | (100.0%) | N/A |
| Other accumulated comprehensive income | (68286) | (60009) | 176346 | (13.8%) | (138.7%) |
| Income for the period | &nbsp;&nbsp;&nbsp;&nbsp;138504 | &nbsp;&nbsp;&nbsp;&nbsp;83148 | 212256 | 66.6% | (34.7%) |
| &nbsp;&nbsp;&nbsp;&nbsp;*Equity attributable to owners of the Parent* | *2879056* | *2934889* | *2893781* | *(1.9%)* | *(0.5%)* |
| &nbsp;&nbsp;&nbsp;&nbsp;*Equity attributable to non-controlling interests* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *56046* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *51786* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *45890* | *8.2%* | *22.1%* |
| **Total Equity** | **2935102** | **2986675** | **2939671** | **(1.7%)** | **(0.2%)** |
| **Total Liabilities and Equity** | **19264454** | **17267808** | **13302467** | **11.6%** | **44.8%** |

---

---

| | | |
|:---|:---|:---|
| ![](bbarpr2q256k_006.jpg) | 2Q25 Earnings Release | p.30 |

---

**Balance Sheet – 5 Quarters**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| **BALANCE SHEET**<br>**In millions of AR$ - Inflation adjusted** | **2Q25** | **1Q25** | **4Q24** | **3Q24** | **2Q24** |
| **Assets** |  |  |  |  |  |
| Cash and deposits in banks | &nbsp;&nbsp;&nbsp;&nbsp;3314124 | &nbsp;&nbsp;&nbsp;&nbsp;2598269 | &nbsp;&nbsp;&nbsp;&nbsp;3250198 | &nbsp;&nbsp;&nbsp;&nbsp;3760472 | &nbsp;&nbsp;&nbsp;&nbsp;2022506 |
| &nbsp;&nbsp;&nbsp;&nbsp;*Cash* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *822127* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *1194098* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *2050752* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *2496306* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *994414* |
| &nbsp;&nbsp;&nbsp;&nbsp; *Financial institutions and correspondents* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *2480826* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *1402379* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *1199446* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *1264166* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *1017798* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*B.C.R.A* | *1572780* | *919359* | *873343* | *1117207* | *918100* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Other local and foreign financial institutions* | *908046* | *483020* | *326103* | *146959* | *99698* |
| &nbsp;&nbsp;&nbsp;&nbsp;*Other* | *11171* | *1792* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *-* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *-* | *10294* |
| Debt securities at fair value through profit or loss | &nbsp;&nbsp;&nbsp;&nbsp;624361 | &nbsp;&nbsp;&nbsp;&nbsp;450603 | &nbsp;&nbsp;&nbsp;&nbsp;105656 | &nbsp;&nbsp;&nbsp;&nbsp;103079 | &nbsp;&nbsp;&nbsp;&nbsp;351650 |
| Derivatives | 12038 | 7080 | 11353 | 10870 | 7922 |
| Repo transactions | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;388805 |
| Other financial assets | &nbsp;&nbsp;&nbsp;&nbsp;193782 | &nbsp;&nbsp;&nbsp;&nbsp;512734 | &nbsp;&nbsp;&nbsp;&nbsp;291301 | &nbsp;&nbsp;&nbsp;&nbsp;265822 | &nbsp;&nbsp;&nbsp;&nbsp;215140 |
| Loans and other financing | 11153841 | &nbsp;&nbsp;&nbsp;&nbsp;9624625 | &nbsp;&nbsp;&nbsp;&nbsp;8676651 | &nbsp;&nbsp;&nbsp;&nbsp;6754430 | &nbsp;&nbsp;&nbsp;&nbsp;5318719 |
| &nbsp;&nbsp;&nbsp;&nbsp;*Non-financial public sector* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*3707* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*3483* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*1110* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*2517* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*2372* |
| &nbsp;&nbsp;&nbsp;&nbsp;*B.C.R.A* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*-* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*-* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*-* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*-* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*-* |
| &nbsp;&nbsp;&nbsp;&nbsp;*Other financial institutions* | *144850* | *74975* | *67066* | *51940* | *30516* |
| &nbsp;&nbsp;&nbsp;&nbsp;*Non-financial private sector and residents abroad* | *11005284* | *9546167* | *8608475* | *6699973* | *5285831* |
| Other debt securities | &nbsp;&nbsp;&nbsp;&nbsp;2424560 | &nbsp;&nbsp;&nbsp;&nbsp;2516423 | &nbsp;&nbsp;&nbsp;&nbsp;2873488 | &nbsp;&nbsp;&nbsp;&nbsp;3186952 | &nbsp;&nbsp;&nbsp;&nbsp;3146025 |
| Financial assets pledged as collateral | &nbsp;&nbsp;&nbsp;&nbsp;355070 | &nbsp;&nbsp;&nbsp;&nbsp;339460 | &nbsp;&nbsp;&nbsp;&nbsp;532861 | &nbsp;&nbsp;&nbsp;&nbsp;299769 | &nbsp;&nbsp;&nbsp;&nbsp;644433 |
| Current income tax assets | &nbsp;&nbsp;&nbsp;&nbsp;85 | 47948 | 52298 | 56482 | 63191 |
| Investments in equity instruments | 15329 | 14745 | 14569 | 11840 | 13104 |
| Investments in subsidiaries and associates | 31821 | 28077 | 27414 | 26455 | 25322 |
| Property and equipment | &nbsp;&nbsp;&nbsp;&nbsp;748332 | &nbsp;&nbsp;&nbsp;&nbsp;740008 | &nbsp;&nbsp;&nbsp;&nbsp;744155 | &nbsp;&nbsp;&nbsp;&nbsp;729062 | &nbsp;&nbsp;&nbsp;&nbsp;773638 |
| Intangible assets | 88504 | 82467 | 79680 | 83284 | 80553 |
| Deferred income tax assets | 34719 | 50475 | 29177 | 33752 | 35065 |
| Other non-financial assets | &nbsp;&nbsp;&nbsp;&nbsp;264252 | &nbsp;&nbsp;&nbsp;&nbsp;251258 | &nbsp;&nbsp;&nbsp;&nbsp;254878 | &nbsp;&nbsp;&nbsp;&nbsp;283361 | &nbsp;&nbsp;&nbsp;&nbsp;214258 |
| Non-current assets held for sale | 3636 | 3636 | 4316 | 1745 | 2136 |
| **Total Assets** | **19264454** | **17267808** | **16947995** | **15607375** | **13302467** |
| **Liabilities** |  |  |  |  |  |
| Deposits | 13026616 | 11634571 | 11428738 | 10605564 | &nbsp;&nbsp;&nbsp;&nbsp;8101038 |
| &nbsp;&nbsp;&nbsp;&nbsp;*Non-financial public sector* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *126092* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *119101* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *138823* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *211255* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *251445* |
| &nbsp;&nbsp;&nbsp;&nbsp;*Financial sector* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*9893* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*7468* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*4980* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*3267* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*2685* |
| &nbsp;&nbsp;&nbsp;&nbsp;*Non-financial private sector and residents abroad* | *12890631* | *11508002* | *11284935* | *10391042* | *7846908* |
| Liabilities at fair value through profit or loss | 423 | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;- | 148 | 272 |
| Derivatives | 15046 | 13401 | 4441 | 7614 | 717 |
| Reverse Repo Transactions | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;247477 |
| Other financial liabilities | &nbsp;&nbsp;&nbsp;&nbsp;1659224 | &nbsp;&nbsp;&nbsp;&nbsp;1311391 | &nbsp;&nbsp;&nbsp;&nbsp;1375797 | &nbsp;&nbsp;&nbsp;&nbsp;1124652 | &nbsp;&nbsp;&nbsp;&nbsp;1240108 |
| Financing received from the B.C.R.A. and other financial institutions | &nbsp;&nbsp;&nbsp;&nbsp;367524 | &nbsp;&nbsp;&nbsp;&nbsp;300855 | &nbsp;&nbsp;&nbsp;&nbsp;231265 | &nbsp;&nbsp;&nbsp;&nbsp;230029 | 65747 |
| Corporate bonds issued | &nbsp;&nbsp;&nbsp;&nbsp;432192 | &nbsp;&nbsp;&nbsp;&nbsp;272675 | &nbsp;&nbsp;&nbsp;&nbsp;133396 | 44374 | 15408 |
| Current income tax liabilities | 16971 | 22023 | 15853 | 11499 | 5766 |
| Subordinated corporate bonds | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;- |
| Provisions | 61928 | 54643 | 54209 | 45494 | 45088 |
| Deferred income tax liabilities | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;- |
| Other non-financial liabilities | &nbsp;&nbsp;&nbsp;&nbsp;749428 | &nbsp;&nbsp;&nbsp;&nbsp;671574 | &nbsp;&nbsp;&nbsp;&nbsp;687688 | &nbsp;&nbsp;&nbsp;&nbsp;565868 | &nbsp;&nbsp;&nbsp;&nbsp;641175 |
| **Total Liabilities** | **16329352** | **14281133** | **13931387** | **12635242** | **10362796** |
| **Equity** |  |  |  |  |  |
| Share Capital | 613 | 613 | 613 | 613 | 613 |
| Non-capitalized contributions | 6745 | 6745 | 6745 | 6745 | 6745 |
| Capital adjustments | &nbsp;&nbsp;&nbsp;&nbsp;1040006 | &nbsp;&nbsp;&nbsp;&nbsp;1040006 | &nbsp;&nbsp;&nbsp;&nbsp;1040006 | &nbsp;&nbsp;&nbsp;&nbsp;1040006 | &nbsp;&nbsp;&nbsp;&nbsp;1040006 |
| Reserves | &nbsp;&nbsp;&nbsp;&nbsp;1761474 | &nbsp;&nbsp;&nbsp;&nbsp;1457815 | &nbsp;&nbsp;&nbsp;&nbsp;1457815 | &nbsp;&nbsp;&nbsp;&nbsp;1457815 | &nbsp;&nbsp;&nbsp;&nbsp;1457815 |
| Retained earnings | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;406571 | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;- |
| Other accumulated comprehensive income | &nbsp;&nbsp;&nbsp;&nbsp;(68286) | &nbsp;&nbsp;&nbsp;&nbsp;(60009) | 56439 | 85505 | &nbsp;&nbsp;&nbsp;&nbsp;176346 |
| Income for the period | &nbsp;&nbsp;&nbsp;&nbsp;138504 | 83148 | &nbsp;&nbsp;&nbsp;&nbsp;406571 | &nbsp;&nbsp;&nbsp;&nbsp;336186 | &nbsp;&nbsp;&nbsp;&nbsp;212256 |
| &nbsp;&nbsp;&nbsp;&nbsp;*Equity attributable to owners of the Parent* | *2879056* | *2934889* | *2968189* | *2926870* | *2893781* |
| &nbsp;&nbsp;&nbsp;&nbsp;*Equity attributable to non-controlling interests* | *56046* | *51786* | *48419* | *45263* | *45890* |
| **Total Equity** | **2935102** | **2986675** | **3016608** | **2972133** | **2939671** |
| **Total Liabilities and Equity** | **19264454** | **17267808** | **16947995** | **15607375** | **13302467** |

---

---

| | | |
|:---|:---|:---|
| ![](bbarpr2q256k_006.jpg) | 2Q25 Earnings Release | p.31 |

---

**Balance Sheet – Foreign Currency**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| |  |  |  | **∆ %** | **∆ %** |
| **FOREIGN CURRENCY EXPOSURE**<br>**In millions of AR$ - Inflation adjusted** | **2Q25** | **1Q25** | **2Q24** | **QoQ** | **YoY** |
| **Assets** |  |  |  |  |  |
| Cash and deposits in banks | 2135723 | 1991860 | 1702482 | &nbsp;&nbsp;&nbsp;&nbsp;7.2% | 25.4% |
| Debt securities at fair value through profit or loss | 129252 | &nbsp;&nbsp;&nbsp;&nbsp;135 | 350895 | n.m | &nbsp;&nbsp;&nbsp;&nbsp;(63.2%) |
| Other financial assets | 52504 | 48854 | 50194 | &nbsp;&nbsp;&nbsp;&nbsp;7.5% | &nbsp;&nbsp;&nbsp;&nbsp;4.6% |
| Loans and other financing | 2307432 | 1859723 | 686488 | 24.1% | 236.1% |
| &nbsp;&nbsp;&nbsp;&nbsp;*Other financial institutions* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *9039* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*3* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *39* | *n.m* | *n.m* |
| &nbsp;&nbsp;&nbsp;&nbsp; *Non-financial private sector and residents abroad* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *2298390* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *1859716* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *686439* | *23.6%* | *234.8%* |
| Other debt securities | 109626 | 127552 | 102667 | &nbsp;&nbsp;&nbsp;&nbsp;(14.1%) | &nbsp;&nbsp;&nbsp;&nbsp;6.8% |
| Financial assets pledged as collateral | 115152 | 105788 | 51676 | &nbsp;&nbsp;&nbsp;&nbsp;8.9% | 122.8% |
| Investments in equity instruments | &nbsp;&nbsp;&nbsp;&nbsp;1018 | &nbsp;&nbsp;&nbsp;&nbsp;882 | &nbsp;&nbsp;&nbsp;&nbsp;806 | 15.4% | 26.3% |
| **Total foreign currency assets** | **4850707** | **4134794** | **2945208** | **17.3%** | **64.7%** |
| **Liabilities** |  |  |  |  |  |
| Deposits | 4251357 | 3776084 | 2397226 | 12.6% | 77.3% |
| &nbsp;&nbsp;&nbsp;&nbsp; *Non-Financial Public Sector* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*34635* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*81041* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *231895* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *(57.3%)* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *(85.1%)* |
| &nbsp;&nbsp;&nbsp;&nbsp; *Financial Sector* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *3230* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *2114* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *977* | *52.8%* | *230.6%* |
| &nbsp;&nbsp;&nbsp;&nbsp; *Non-financial private sector and residents abroad* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *4213492* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *3692929* | *2164354* | *14.1%* | *94.7%* |
| Other financial liabilities | 177116 | 141887 | 170065 | 24.8% | &nbsp;&nbsp;&nbsp;&nbsp;4.1% |
| Financing received from the B.C.R.A. and other financial institutions | 102376 | 58109 | 15675 | 76.2% | n.m |
| Corporate bonds issued | 119429 | 42215 |  | 182.9% | N/A |
| Other non financial liabilities | 110653 | 116079 | 77682 | (4.7%) | 42.4% |
| **Total foreign currency liabilities** | **4760931** | **4134374** | **2660648** | **15.2%** | **78.9%** |
| **Foreign Currency Net Position - AR$** | **89776** | **420** | **284560** | **n.m** | **(68.5%)** |
| **Foreign Currency Net Position - USD** | **75** | **0** | **276** | **n.m** | **(72.7%)** |
| \*Wholesale U.S. dollar foreign exchange rates on BCRA's Communication "A" 3500, as of the end of period. | \*Wholesale U.S. dollar foreign exchange rates on BCRA's Communication "A" 3500, as of the end of period. | \*Wholesale U.S. dollar foreign exchange rates on BCRA's Communication "A" 3500, as of the end of period. |  |  |  |

---

---

| | | |
|:---|:---|:---|
| ![](bbarpr2q256k_006.jpg) | 2Q25 Earnings Release | p.32 |

---

**P&L – Quarterly**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| |  |  |  | **∆ %** | **∆ %** |
| **INCOME STATEMENT**<br>**In millions of AR$ - Inflation adjusted** | **2Q25** | **1Q25** | **2Q24** | **QoQ** | **YoY** |
| Interest income | 1050574 | 973275 | 1356991 | 7.9% | -22.6% |
| Interest expense | &nbsp;&nbsp;&nbsp;&nbsp;(458762) | &nbsp;&nbsp;&nbsp;&nbsp;(399399) | &nbsp;&nbsp;&nbsp;&nbsp;(410938) | -14.9% | -11.6% |
| **Net interest income** | **591812** | **573876** | **946053** | **3.1%** | **-37.4%** |
| Fee income | 176520 | 191486 | 164143 | -7.8% | 7.5% |
| Fee expenses | (82467) | (85694) | (82165) | 3.8% | -0.4% |
| **Net fee income** | **94053** | **105792** | **81978** | **-11.1%** | **14.7%** |
| Net income from financial instruments at fair value through P&L | &nbsp;&nbsp;&nbsp;&nbsp;47051 | &nbsp;&nbsp;&nbsp;&nbsp;34137 | &nbsp;&nbsp;&nbsp;&nbsp;43216 | 37.8% | 8.9% |
| Net loss from write-down of assets at amortized cost and fair value through OCI | (294) | &nbsp;&nbsp;&nbsp;&nbsp;84961 | &nbsp;&nbsp;&nbsp;&nbsp;19058 | -100.3% | -101.5% |
| Foreign exchange and gold gains | &nbsp;&nbsp;&nbsp;&nbsp;54216 | 8623 | &nbsp;&nbsp;&nbsp;&nbsp;28353 | n.m | 91.2% |
| Other operating income | &nbsp;&nbsp;&nbsp;&nbsp;37590 | &nbsp;&nbsp;&nbsp;&nbsp;41143 | &nbsp;&nbsp;&nbsp;&nbsp;39961 | -8.6% | -5.9% |
| Loan loss allowances | &nbsp;&nbsp;&nbsp;&nbsp;(144524) | &nbsp;&nbsp;&nbsp;&nbsp;(101593) | (57930) | -42.3% | -149.5% |
| **Net operating income** | **679904** | **746939** | **1100689** | **-9.0%** | **-38.2%** |
| Personnel benefits | &nbsp;&nbsp;&nbsp;&nbsp;(141785) | &nbsp;&nbsp;&nbsp;&nbsp;(128474) | &nbsp;&nbsp;&nbsp;&nbsp;(152882) | -10.4% | 7.3% |
| Administrative expenses | &nbsp;&nbsp;&nbsp;&nbsp;(147656) | &nbsp;&nbsp;&nbsp;&nbsp;(155145) | &nbsp;&nbsp;&nbsp;&nbsp;(163300) | 4.8% | 9.6% |
| Depreciation and amortization | (23587) | (22029) | (25011) | -7.1% | 5.7% |
| Other operating expenses | &nbsp;&nbsp;&nbsp;&nbsp;(170037) | &nbsp;&nbsp;&nbsp;&nbsp;(143663) | &nbsp;&nbsp;&nbsp;&nbsp;(136734) | -18.4% | -24.4% |
| **Operating expenses** | **(483065)** | **(449311)** | **(477927)** | **-7.5%** | **-1.1%** |
| **Operating income** | **196839** | **297628** | **622762** | **-33.9%** | **-68.4%** |
| Income from associates and joint ventures | 4035 | 784 | 3471 | 414.7% | 16.2% |
| Income from net monetary position | &nbsp;&nbsp;&nbsp;&nbsp;(111015) | &nbsp;&nbsp;&nbsp;&nbsp;(158641) | &nbsp;&nbsp;&nbsp;&nbsp;(377574) | 30.0% | 70.6% |
| **Income before income tax** | **89859** | **139771** | **248659** | **-35.7%** | **-63.9%** |
| Income tax | (30243) | (53256) | (91270) | 43.2% | 66.9% |
| **Income for the period** | **59616** | **86515** | **157389** | **-31.1%** | **-62.1%** |
| **Owners of the parent** | **55356** | **83148** | **154769** | **-33.4%** | **-64.2%** |
| **Non-controlling interests** | **4260** | **3367** | **2620** | **26.5%** | **62.6%** |
| **Other comprehensive Income (1)** | **(8277)** | **(116448)** | **(146051)** | **92.9%** | **94.3%** |
| **Total comprehensive income** | **51339** | **(29933)** | **11338** | **271.5%** | **352.8%** |
| (1) Net of Income Tax. |  |  |  |  |  |

---

---

| | | |
|:---|:---|:---|
| ![](bbarpr2q256k_006.jpg) | 2Q25 Earnings Release | p.33 |

---

**P&L – 5 Quarters**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| **INCOME STATEMENT**<br>**In millions of AR$ - Inflation adjusted** | **2Q25** | **1Q25** | **4Q24** | **3Q24** | **2Q24** |
| Interest income | 1050574 | 973275 | 992888 | 945169 | 1356991 |
| Interest expense | &nbsp;&nbsp;&nbsp;&nbsp;(458762) | &nbsp;&nbsp;&nbsp;&nbsp;(399399) | &nbsp;&nbsp;&nbsp;&nbsp;(437563) | &nbsp;&nbsp;&nbsp;&nbsp;(372901) | &nbsp;&nbsp;&nbsp;&nbsp;(410938) |
| **Net interest income** | **591812** | **573876** | **555325** | **572268** | **946053** |
| Fee income | 176520 | 191486 | 158669 | 165706 | 164143 |
| Fee expenses | (82467) | (85694) | (87340) | (77255) | (82165) |
| **Net fee income** | **94053** | **105792** | **71329** | **88451** | **81978** |
| Net income from financial instruments at fair value through P&L | &nbsp;&nbsp;&nbsp;&nbsp;47051 | &nbsp;&nbsp;&nbsp;&nbsp;34137 | &nbsp;&nbsp;&nbsp;&nbsp;44193 | &nbsp;&nbsp;&nbsp;&nbsp;36478 | &nbsp;&nbsp;&nbsp;&nbsp;43216 |
| Net loss from write-down of assets at amortized cost and fair value through OCI | (294) | &nbsp;&nbsp;&nbsp;&nbsp;84961 | &nbsp;&nbsp;&nbsp;&nbsp;86269 | &nbsp;&nbsp;&nbsp;&nbsp;68812 | &nbsp;&nbsp;&nbsp;&nbsp;19058 |
| Foreign exchange and gold gains | &nbsp;&nbsp;&nbsp;&nbsp;54216 | 8623 | 9338 | 8283 | &nbsp;&nbsp;&nbsp;&nbsp;28353 |
| Other operating income | &nbsp;&nbsp;&nbsp;&nbsp;37590 | &nbsp;&nbsp;&nbsp;&nbsp;41143 | &nbsp;&nbsp;&nbsp;&nbsp;41186 | &nbsp;&nbsp;&nbsp;&nbsp;36281 | &nbsp;&nbsp;&nbsp;&nbsp;39961 |
| Loan loss allowances | &nbsp;&nbsp;&nbsp;&nbsp;(144524) | &nbsp;&nbsp;&nbsp;&nbsp;(101593) | (96855) | (51296) | (57930) |
| **Net operating income** | **679904** | **746939** | **710785** | **759277** | **1100689** |
| Personnel benefits | &nbsp;&nbsp;&nbsp;&nbsp;(141785) | &nbsp;&nbsp;&nbsp;&nbsp;(128474) | &nbsp;&nbsp;&nbsp;&nbsp;(166836) | &nbsp;&nbsp;&nbsp;&nbsp;(125257) | &nbsp;&nbsp;&nbsp;&nbsp;(152882) |
| Administrative expenses | &nbsp;&nbsp;&nbsp;&nbsp;(147656) | &nbsp;&nbsp;&nbsp;&nbsp;(155145) | &nbsp;&nbsp;&nbsp;&nbsp;(162111) | &nbsp;&nbsp;&nbsp;&nbsp;(153352) | &nbsp;&nbsp;&nbsp;&nbsp;(163300) |
| Depreciation and amortization | (23587) | (22029) | (29056) | (20569) | (25011) |
| Other operating expenses | &nbsp;&nbsp;&nbsp;&nbsp;(170037) | &nbsp;&nbsp;&nbsp;&nbsp;(143663) | &nbsp;&nbsp;&nbsp;&nbsp;(163146) | (94504) | &nbsp;&nbsp;&nbsp;&nbsp;(136734) |
| **Operating expenses** | **(483065)** | **(449311)** | **(521149)** | **(393682)** | **(477927)** |
| **Operating income** | **196839** | **297628** | **189636** | **365595** | **622762** |
| Income from associates and joint ventures | 4035 | 784 | 930 | 427 | 3471 |
| Income from net monetary position | &nbsp;&nbsp;&nbsp;&nbsp;(111015) | &nbsp;&nbsp;&nbsp;&nbsp;(158641) | &nbsp;&nbsp;&nbsp;&nbsp;(177666) | &nbsp;&nbsp;&nbsp;&nbsp;(211990) | &nbsp;&nbsp;&nbsp;&nbsp;(377574) |
| **Income before income tax** | **89859** | **139771** | **12900** | **154032** | **248659** |
| Income tax | (30243) | (53256) | &nbsp;&nbsp;&nbsp;&nbsp;61544 | (30671) | (91270) |
| **Income for the period** | **59616** | **86515** | **74444** | **123361** | **157389** |
| **Owners of the parent** | **55356** | **83148** | **70386** | **123930** | **154769** |
| **Non-controlling interests** | **4260** | **3367** | **4058** | **(569)** | **2620** |
| **Other comprehensive Income (OCI)(1)** | **(8277)** | **(116448)** | **(29973)** | **(90894)** | **(146051)** |
| **Total comprehensive income** | **51339** | **(29933)** | **44471** | **32467** | **11338** |
| (1) Net of Income Tax. |  |  |  |  |  |

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**Ratios**

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| |  |  |  | **∆ bps** | **∆ bps** |
| **QUARTERLY ANNUALIZED RATIOS**<br>**In %** | **2Q25** | **1Q25** | **2Q24** | **QoQ** | **YoY** |
| **Profitability** | | | | | |
| Efficiency Ratio | 56.5% | 56.3% | 55.3% | 20 pbs | 120 pbs |
| ROA | 1.2% | 2.0% | 4.7% | &nbsp;&nbsp;&nbsp;&nbsp;(80)pbs | (350)pbs |
| ROE | 7.6% | 11.4% | 19.5% | (380)pbs | (1190)pbs |
| **Liquidity** |  |  |  |  |  |
| Liquid assets / Total Deposits | 48.7% | 47.6% | 69.6% | 115 pbs | (2087)pbs |
| **Capital** |  |  |  |  |  |
| Regulatory Capital Ratio | 18.4% | 21.5% | 25.3% | (310)pbs | (690)pbs |
| TIER I Capital Ratio (Ordinary Capital Level 1/ RWA) | 18.4% | 21.5% | 25.3% | (310)pbs | (690)pbs |
| **Asset Quality** |  |  |  |  |  |
| Total non-performing portfolio / Total portfolio | 2.28% | 1.38% | 1.18% | 91 pbs | 111 pbs |
| Allowances /Total non-performing portfolio | 115.15% | 164.32% | 165.50% | (4917)pbs | (5035)pbs |
| Cost of Risk | 5.44% | 4.40% | 4.72% | 104 pbs | 72 pbs |

---

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| | | |
|:---|:---|:---|
| ![](bbarpr2q256k_006.jpg) | 2Q25 Earnings Release | p.34 |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED | **BBVA ARGENTINA** CONSOLIDATED |
| |  |  |  | **∆ bps** | **∆ bps** |
| **ACCUMULATED ANNUALIZED RATIOS**<br>**In %**  | **2Q25** | **1Q25** | **2Q24** | **QoQ** | **YoY** |
| **Profitability** | | | | | |
| Efficiency Ratio | 56.4% | 56.3% | 59.9% | 10 pbs | (350)pbs |
| ROA | 1.5% | 2.0% | 3.0% | &nbsp;&nbsp;&nbsp;&nbsp;(50)pbs | (150)pbs |
| ROE | 9.6% | 11.4% | 13.3% | (180)pbs | (370)pbs |
| **Liquidity** |  |  |  |  |  |
| Liquid assets / Total Deposits | 48.7% | 47.6% | 69.6% | 115 pbs | (2087)pbs |
| **Capital** |  |  |  |  |  |
| Regulatory Capital Ratio | 18.4% | 21.5% | 25.3% | (310)pbs | (690)pbs |
| TIER I Capital Ratio (Ordinary Capital Level 1/ RWA) | 18.4% | 21.5% | 25.3% | (310)pbs | (690)pbs |
| **Asset Quality** |  |  |  |  |  |
| Total non-performing portfolio / Total portfolio | 2.28% | 1.38% | 1.18% | 91 pbs | 111 pbs |
| Allowances /Total non-performing portfolio | 115.15% | 164.32% | 165.50% | (4917)pbs | (5035)pbs |
| Cost of Risk | 4.66% | 4.40% | 4.17% | 25 pbs | 49 pbs |

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**About BBVA Argentina**

BBVA Argentina S.A. (NYSE; MAE; BYMA: BBAR; Latibex: XBBAR) is a subsidiary of the BBVA Group, its main shareholder since 1996. In Argentina, it has been one of the leading financial institutions since 1886. BBVA Argentina offers retail and corporate banking to a wide client base, including individuals, SMEs, and large corporations.

BBVA's strategy is to support its clients' ambition to go further. This is achieved through constant and empathetic support during key moments, recognizing the inner strength that drives people. The value proposition focuses on anticipation and innovation to be the ideal partner that helps clients reach their goals.

**Investor Relations Contacts**

**Carmen Morillo Arroyo -**Chief Financial Officer

**Diego Cesarini -** Head of ALM & Investor Relations

**Belén Fourcade -** Investor Relations Manager

investorelations-arg@bbva.com

ir.bbva.com.ar

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

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| | | | | |
|:---|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;**Banco BBVA Argentina S.A.** | &nbsp;&nbsp;**Banco BBVA Argentina S.A.** | &nbsp;&nbsp;**Banco BBVA Argentina S.A.** |
| &nbsp;&nbsp;Date: | &nbsp;&nbsp;August 20, 2025 | &nbsp;&nbsp;By: | &nbsp;&nbsp;/s/ Carmen Morillo Arroyo | &nbsp;&nbsp;/s/ Carmen Morillo Arroyo |
|  |  |  | Name: | &nbsp;&nbsp;Carmen Morillo Arroyo |
|  |  |  | Title: | &nbsp;&nbsp;Chief Financial Officer |

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