Circular CONAU 1-1678: Monthly Accounting Information Regime 'Foreign Exchange Operations' (R.I. - O.C.) – Amendments

"Year of the Reconstruction of the Argentine Nation" COMMUNICATION “A” 8254 06/06/2025 TO FINANCIAL ENTITIES, TO FOREIGN EXCHANGE OPERATORS: Ref.: Circular CONAU 1-1678: Monthly Accounting Information Regime "Foreign Exchange Operations" (R.I. - O.C.). Amendments.

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We address you to inform you of the modifications introduced in the referenced Information Regime. In this regard, it is informed that concept code S29 is being discontinued, replaced by the following new concept codes corresponding to point 2. of Annex II: S34 “Operations associated with card or account debit consumption, by residents with non-resident suppliers or by non-residents with Argentine suppliers, for the provision of digital services not associated with travel” S35 “Operations associated with card or account debit consumption, by residents with non-resident suppliers or by non-residents with Argentine suppliers, for the non-face-to-good purchase/sale of goods” S36 “Operations associated with withdrawals and/or card or account debit consumption, by residents with non-resident suppliers or by non-residents with Argentine suppliers, excluding the provision of digital services not associated with travel or the non-face-to-good purchase/sale of goods” The use of concept codes S34, S35 and S36 implies that each financial entity and non-financial credit card issuer identifies the type of consumption made and classifies it into one of the mentioned concept codes. If such entities cannot perform the requested discrimination when concluding the foreign transfer operation associated with card or account debit consumption/withdrawals, it must be performed for each concept, distributing total card/account debit consumption based on the proportions of the most recent available period considered representative regarding current consumption. Regarding concept code S34, "digital services not associated with travel" refers to online service requests with digital delivery (those whose dispatch is carried out through information and communication technology networks, including the internet, in a downloadable format). Within this category are companies providing audiovisual, IT, telecommunications, personal or cultural services delivered digitally. Regarding concept code S35, "non-face-to-good purchase/sale" refers to online goods requests on e-commerce platforms.

-2- The aforementioned clarifications are incorporated in point 3.50. of Section A. The modifications will apply to operations processed from 01/07/2025 inclusive. Furthermore, a formal adjustment was made to update the clarifying instruction included in the last paragraph of point B.1. of Section B. The pages to be replaced in the respective Consolidated Text are attached. Yours faithfully, CENTRAL BANK OF THE ARGENTINE REPUBLIC Rodrigo J. Danessa Estela M. del Pino Suárez Chief Manager of Information Regime and Information Centers Deputy General Manager of Information Regime and Protection of Financial Services Users ANNEX

3.49 Information on operations related to collections of exports of goods or services or the alienation of non-produced non-financial assets whose funds are credited to a foreign currency account owned by the client for their subsequent settlement in the foreign exchange market: a purchase voucher must be prepared with concept code “A15. Pending foreign currency inflows related to exports of goods and services or alienation of non-produced non-financial assets” and a sales voucher with concept code “A10. Debit/credit of foreign currency in local accounts for transfers abroad”. Subsequently, upon settlement of the funds, a purchase voucher must be prepared using the concept code corresponding to the settled operation. 3.50 The use of concept codes S34, S35 and S36 implies that each financial entity and non-financial credit card issuer identifies the type of consumption made and classifies it into one of the mentioned concept codes. If such entities cannot perform the requested discrimination when concluding the foreign transfer operation associated with card or account debit consumption/withdrawals, it must be performed for each concept, distributing total card/account debit consumption based on the proportions of the most recent available period considered representative regarding current consumption. Regarding concept code S34, "digital services not associated with travel" refers to online service requests with digital delivery (those whose dispatch is carried out through information and communication technology networks, including the internet, in a downloadable format). Within this category are companies providing audiovisual, IT, telecommunications, personal or cultural services delivered digitally. Regarding concept code S35, "non-face-to-good purchase/sale" refers to online goods requests on e-commerce platforms. Operations accessing the foreign exchange market (A11) corresponding to different situations whose specific identification for monitoring purposes is required according to the preceding applicable points must be reported in separate vouchers. B.C.R.A. MONTHLY ACCOUNTING INFORMATION REGIME 10 – FOREIGN EXCHANGE OPERATIONS (R.I. – O.C.) Version: 20a. COMMUNICATION “A” 8254 Validity: 01/07/2025 Page 15

In point B.1.24 must be reported: − The inflows of funds in the entity's correspondent accounts corresponding to third-party transfers, which were entered on the day into the entity's accounting records. In point B.1.25 must be reported: − The third-party transfers received and accounted for in correspondent accounts, for which on the reported day the exchange was concluded with the client, and/or the transfer was returned to the issuer of the transfer, and/or retransferred within the possibilities contemplated in foreign exchange regulations. Third-party fund applications under current regulations are excluded, to be declared in the corresponding point. The counterpart of movements related to operations registered in Section A corresponding to concept codes B26, S33, I09, I12, I13 and P28 must be reported in points B.1.16. or B.1.17. of this Section, as applicable. B.2. Conclusions and maturities on the day of foreign currency forward operations, in US dollar equivalent, processed and settled domestically through domestic currency compensation. B.2.1. Conclusions of foreign currency forward purchases B.2.2. Maturities of foreign currency forward purchases B.2.3. Conclusions of foreign currency forward sales B.2.4. Maturities of foreign currency forward sales The information requested in points B.2.1. and B.2.3. must be integrated considering the net increases of the decreases of concluded purchases and sales, respectively, according to what is defined in the Particular Instructions of the Information Regime "Forward Operations". B.3. Conclusions and maturities on the day of foreign currency forward operations, in US dollar equivalent, processed and settled abroad. B.3.1. Conclusions of foreign currency forward purchases abroad B.3.2. Maturities of foreign currency forward purchases abroad B.3.3. Conclusions of foreign currency forward sales abroad B.3.4. Maturities of foreign currency forward sales abroad The information requested in points B.3.1. and B.3.3. must be integrated considering the net increases of the decreases of concluded purchases and sales, respectively, according to what is defined in the Particular Instructions of the Information Regime "Forward Operations". B.C.R.A. MONTHLY ACCOUNTING INFORMATION REGIME 10 – FOREIGN EXCHANGE OPERATIONS (R.I. – O.C.) Version: 13a. COMMUNICATION “A” 8254 Validity: 07/06/2025 Page 17

ANNEX II: Concept codes (continued) B29 Advance collections of exports of goods for operations included in article 2° of Decree 38/2025 B30 Foreign financing for exports of goods for operations included in article 2° of Decree 38/2025 B31 Financing by local banks for exports of goods with funding in foreign credit lines for operations included in article 2° of Decree 38/2025 2. Services S01 Maintenance and repairs S03 Passenger transport services S04 Other transport services S05 Postal and courier services S06 Travel (excluding operations associated with withdrawals and/or card consumption by residents with non-resident suppliers or by non-residents with Argentine suppliers) S07 Construction services S08 Insurance premiums S09 Claims S10 Auxiliary insurance services S11 Financial services S12 Telecommunications services S13 IT services S14 Information services S15 Charges for the use of intellectual property S16 Research and development services S17 Legal, accounting and management services S18 Advertising, market research and public opinion survey services S19 Architectural, engineering and other technical services S20 Operating lease services S21 Services related to trade S22 Other business services S23 Audiovisual and related services S24 Other personal, cultural and recreational services S25 Government services S26 Health services by travel assistance companies S27 Other health services S28 Educational teaching S30 Freight services for goods import operations S31 Freight services for goods export operations S33 Registration of service imports by allocation of BOPREAL bonds S34 Operations associated with card or account debit consumption, by residents with non-resident suppliers or by non-residents with Argentine suppliers, for the provision of digital services not associated with travel S35 Operations associated with card or account debit consumption, by residents with non-resident suppliers or by non-residents with Argentine suppliers, for the non-face-to-good purchase/sale of goods S36 Operations associated with withdrawals and/or card or account debit consumption, by residents with non-resident suppliers or by non-residents with Argentine suppliers, excluding the provision of digital services not associated with travel or the non-face-to-good purchase/sale of goods B.C.R.A. MONTHLY ACCOUNTING INFORMATION REGIME 10 – FOREIGN EXCHANGE OPERATIONS (R.I. – O.C.) Version: 9a. COMMUNICATION “A” 8254 Validity: 01/07/2025 Page 24