BYMA

The Corporate Government Panel (CGP) is an initiative taken by BYMA in order to focus on the observance of Best Practices of Corporate Governance by different companies.

It is a trading board where stocks issued by companies who voluntarily adhere to Corporate Governance practices are traded, provided said practices are additional to the standard regulatory requirements set forth by the Argentine legislation in force.

In order to be included in this new Panel, the company shall adopt and comply with corporate rules focused on enhancing the protection of shareholders´ rights, as well as improving the disclosure of information, and the company´s monitoring and controlling activities.

These rules are additional to the requirements set forth for listed companies pursuant to the Argentine Companies Law, Capital Markets Law and Technical Regulations of the Regulatory Body, and their purpose is to increase the visibility of stock issuers who decide to voluntarily adhere to any of the two levels of the CG Panel mentioned above. Banco Macro adheres to BYMA – CGP.