Investor Relations January 2017 COMPANY REPRESENTATIVES Ines - PowerPoint PPT Presentation

Investor Relations January 2017

COMPANY REPRESENTATIVES Ines Lanusse Jorge Scarinci, CFA Finance & IR Manager Head of Investor Relations DICLAIMER The information contained in this presentation is confidential and has been prepared solely for informational purposes. This presentation contains forward-looking statements which are based largely on our current beliefs, expectations and projections about future events and financial trends affecting our business. Many important factors could cause our actual results to differ substantially from those anticipated in our forward-looking statements among other things: inflation; changes in interest rates and the cost of deposits; government regulation; adverse legal or regulatory disputes or proceedings; credit and other risks of lending, such as increases in defaults by borrowers; fluctuations and declines in the value of Argentine public debt; competition in banking, financial services; deterioration in regional and national business and economic conditions in Argentina; and fluctuations in the exchange rate of the peso. Banco Macro financial results presented as of September 30, 2016 are stated in accordance with Central Bank Rules. 2

AGENDA 01. Section I - BMA Business Overview 02. Section II - BMA Strenghts and Opportunities 03. Section III - BMA Financial Performance 04. Section IV - Financial System & Argentine Economy 05. Section V - Appendix 3

SECTION I BMA Business Overview

MACRO IN A NUTSHELL 01 A Leading Private Sector Bank in Argentina 02 Presence in Fast Growing Segments 03 Strong Profitability & Returns 04 Diversified Loan Portfolio & Prudent Risk Management 05 Robust Liquidity & Capital Ratios 5 5

A SUCCESSFUL BUSINESS MODEL & STRATEGIC FOCUS Banco Macro Strategy Jujuy Missiones Salta Enhanced business model to increase efficiency and » Formosa Tucuman cross-selling capabilities Chaco Santiago Catamarca Del Corrientes Estero Continue gaining market share in low-to-mid income » La Santa Rioja Fé individuals and rapidly grow our high-end customer San Cordoba Juan Entre base through our revamped product suite (“Selecta”) Rios San CABA Luis Further increase payroll services to our large SME » Mendonza customer base Buenos Aires La Pampa Expand commercial offering beyond working capital, » Neuquén extending loan duration and offering local and foreign Río Negro Growth by increasing currency products focused on export-oriented market share businesses (e.g. agri-business, energy, etc.) Potential for acquisitions Chubut Continue expanding our branch network by opening » Market opportunities new branches and / or through acquisitions, with through geography and segment particular focus in solidifying our presence in the BA Santa Cruz Operational and metro area commercial efficiency by reducing costs and increase cross selling Tierra Develop a sustainable business, Aggressive growth Del Fuego focus by cross selling making life easier for our customers. products 6

A SUCCESSFUL BUSINESS MODEL & STRATEGIC FOCUS Business Model 7

A SUCCESSFUL GROWTH STORY 38 years of experience in the Argentine Financial System Banco Privado de Inversiones Merger Nuevo Banco Bisel Banco de Tucumán / NYSE IPO / Nuevo Banco Bisel Banco Empresario de Tucumán Nuevo Banco Suquía Banco Bansud / 35% of Scotiabank Argentina Branches of Banco Mayo, Almafuerte, Mendoza and Israelita Banco Jujuy Banco Salta / Banco del Noroeste / Banco Misiones First Wholesale Bank to Issue Equity / First Branch in Salta / Strategic Decision to Move into Retail First Wholesale Bank to Issue Debentures Banco Macro Emerges as a Leading Wholesale Bank in Argentina Commercial Bank License Macro (Financial Company) Initial Stages Regional Bank Anglia Opens Brokerage House Wholesale Bank National Bank Anglia (Over the Counter Agent) Note: 1- As of September 2016. 8

AN UNIQUE BRANCH NETWORK Largest private sector branch network in Argentina and exclusive financial agent in 4 provinces Strongest presence outside Buenos Aires² Branches Macro 79% 14% 7% 444 Nationwide Nacion 60% 30% 10% 634 Presence¹ Supervielle 48% 23% 29% 140 Patagonia 47% 29% 24% 444 Branches throughout the country 177 1364 ATMs Credicoop 44% 40% 16% 258 912 TAS 35 Service points HSBC 40% 27% 33% 139 8626 Employees Santander Rio 35% 39% 26% 400 3,271,739 Retail Customers 82,157 Corporate Customers BBVA Frances 33% 34% 33% 254 ICBC 33% 35% 32% 105 Financial Agency Agreements Galicia 29% 42% 29% 322 Provinces with Branches 0% 20% 40% 60% 80% 100% Interior of Argentina BA Province BA City Financial Agency Agreements Cross Selling Branch Market Agreement Large Provinces Population Share expires Provincial Employees and relatives » Customer Base Government’s Bank » Salta » 1.2 m » 50% » 2026 Low - Cost Companies with government » Funding contracts » Misiones » 1,1 m 52% » » 2019 Public Employees Payroll Accounts Companies operating in regional » Fee Income » Jujuy » 0.7 m 45% » » 2024 economies Tucumán 1.5 m » » 43% » » 2021 Source: BCRA Note 1-As of September 2016. 2-As of June 2016 except Banco Macro as of September, 2016. Bank ´ s with 100 branches or more. Galicia includes CFA and excludes Tarjetas Regionales; Patagonia and BBVA consolidated with GPAT and PSA Finance, 9 Rombo & Volkswagen Credit, respectively.

AN INCREASING BRANCH NETWORK IN BUENOS AIRES Keep increasing our market share in Buenos Aires Rest of Buenos Aires Province 1 Metropolitan Area & Great Buenos Aires 1 Market Market Bank (total branches) Total Bank (total branches) Total Share Share 1 Provincia de Bs As 212 29% 1 Santander Rio 184 12% 2 Galicia 169 11% 2 Santander Rio 138 19% 3 BBVA Francés 137 9% 3 Nación 77 10% 4 Provincia de Bs As 130 9% 4 Galicia 58 8% 5 Nación 114 8% 5 Credicoop 56 8% 6 Credicoop 88 6% 6 Macro 41 6% 7 Supervielle 75 5% 7 BBVA Francés 34 5% 8 Patagonia 71 5% 9 HSBC 68 5% 8 Patagonia 23 3% 10 Itaú 66 4% 9 HSBC 16 2% 11 Ciudad de Bs As 64 4% 10 Banco de la pampa 13 2% 12 ICBC 59 4% Other 75 10% 13 Macro 51 3% Financial System 743 100% 14 Comafi 49 3% Other 151 10% Financial System 1,476 100% Source: BCRA 10 Note:1-As of June 2016. Galicia includes CFA and excludes Tarjetas Regionales; Patagonia and BBVA consolidated with GPAT and PSA Finance, Rombo & Volkswagen Credit, respectively.

A LEADING PRIVATE SECTOR BANK IN ARGENTINA Assets (Ps Billion - % Market Share) Equity (Ps Billion - % Market Share) 100% 100% 2,086.1 264.4 30% 27% 23% 26% 78.2 536.6 70.4 9% 9% 8% 6% 3% 7% 7% 6% 6% 4% 4% 4% 3% 3% 472.1 6% 4% 4% 3% 190.9 177.9 165.1 132.9 127.9 77.9 71.6 70.6 62.6 18.8 18.4 16.1 14.9 10.7 10.5 9.3 9.2 7.9 Loans (Ps Billion - % Market Share) Deposits (Ps Billion - % Market Share) 100% 100% 976.5 1,507.1 27% 23% 23% 16% 11% 10% 9% 261.9 9% 8% 4% 4% 4% 3% 7% 7% 4% 4% 4% 3% 8% 6% 6% 350.2 343.8 159.3 93.6 89.5 86.1 70.9 167.5 124.6 118.3 66.8 40.3 38.0 37.0 33.0 92.9 90.9 62.2 60.3 54.6 41.9 Source: BCRA. 11 Note:1-As of June 2016. Galicia includes CFA and excludes Tarjetas Regionales; Patagonia and BBVA consolidated with GPAT and PSA Finance, Rombo & Volkswagen Credit, respectively.

SECTION II BMA Financial Performance

BMA’S EARNINGS CONSISTENT GROWTH 73 99 106 147 123 115 88 169 152 161 163 184 156 163 Quarterly Net Profit (Ps Million) 191 242 246 222 268 274 258 258 314 346 324 332 412 426 458 460 572 953 1,186 733 986 575 1,114 823 1,105 1,967 1,408 1,805 1,633 13

BANCO MACRO HIGHLIGHTS’ X PEERS Banco Macro Banco Galicia BBVA Frances Santander Rio Profitability Net Interest Margin 1 18.5% 11.5% 13.4% N/A Efficiency Ratio² 47.0% 62.8% 57.4% 57.3% ROAE 35.2% 30.3% 24.2% 26.6% ROAA 5.4% 2.9% 2.8% 3.3% Liquidity Loans / Deposits 77.2% 101.2% 77.5% 81.7% Capital Total Equity / Total Assets 14.9% 8.9% 12.1% 11.6% Tier 1 Capital Ratio 16.6% 9.6% 13.9% 11.3% Total Regulatory Capital Ratio 17.3% 12.7% 14.8% 12.0% Asset Quality Allowances / Loans 2.3% 3.5% 2.1% N/A NPLs/ Loans 1.5% 3.4% 0.8% 1.2% Allowances / NPLs 155.4% 100.7% 251.6% 133.0% Source: Numbers disclosed in press releases and Market Discipline documents of each bank as of 3Q16. Calculations may vary from bank to bank. Accumulated Annualized Ratios 14 Note: 1 – Net interest income / average interest earning assets (annualized). 2 – Administrative expenses / Net fee income + Net financial income