Circular REMON 1-1148: Minimum Cash Requirements. Adjustments.

"2026 - YEAR OF ARGENTINE GREATNESS"
COMMUNICATION “A” 8397 05/02/2026
TO FINANCIAL ENTITIES:
Ref.: Circular REMON 1-1148:
Minimum Cash. Adjustments.
___________________________________________________________________________ We address you to inform you that this Institution has adopted the resolution which, in its pertinent part, establishes:
“1- Substitute, with effect for operations formalized from 06/02/26, point 1.3.6. of the consolidated text on Minimum Cash, as follows:
“1.3.6. Obligations from foreign financial lines –not instrumented through time deposits or acquisition of debt securities (subject to the requirement set forth in point 1.3.5.)–, obtained from persons related to the entity pursuant to point 1.2.2 of the Consolidated Text on Large Credit Exposures, according to their original term. i) Up to 179 (one hundred seventy-nine) days. 20 20 ii) More than 179 (one hundred seventy-nine) days. 0 0” 2- Substitute, with effect for operations formalized from 06/02/26, point
1.1.2.3 of the consolidated text on Minimum Cash, as follows:
“1.1.2.3. Obligations with foreign banks –including parent companies and controlling entities of local institutions and their branches– for financial lines with persons not related to the entity pursuant to point 1.2.2 of the Consolidated Text on Large Exposures to Credit Risk, for foreign lines destined to finance foreign trade operations, and with Multilateral Development Banks (MDBs).” 3- Repeal, with effect for operations formalized from 06/02/26, point
1.4.1.4 of the consolidated text on Minimum Cash.
4- Admit, with effect from the February 2026 position, for the integration of the require- ment of minimum cash in pesos the transfer option set forth in point 1.7 of the consoli- dated text on Minimum Cash, which may not exceed 5% (five percent) of that requi- rement and must be fully offset in the following month's position. 5- Repeal, with effect from the February 2026 position, point 3 of Communication A 8302.”

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It is recalled that on this Institution's website www.bcra.gob.ar, by accessing “Sec- tions - Financial System – LEGAL AND REGULATORY FRAMEWORK – Consolidated texts and summaries – General normative consolidated texts”, the modifications made with text highlighted in special characters (strikethrough and bold) will be found. We salute you attentively. BANCO CENTRAL DE LA REPUBLICA ARGENTINA Martín A. Bonelli Darío C. Stefanelli Deputy Manager of Regulation of Passive Operations Main Manager of Issuance and Normative Applications ANEXO

1.1. Included obligations.
1.1.1. Concepts included.
1.1.1.1. Deposits and other financial intermediation obligations at sight and for term
(in pesos, foreign currency, and public and private securities).
Not included are obligations that do not participate in the concept of inter- mediation financial, including the following:
i) Price balances from the purchase of movable and immovable goods intended to own use. ii) Obligations linked to the entity's own operations, such as:
a) Undistributed profits or surpluses –including cash dividends, returns, fees and other participations pending payment or crediting– up to the moment of making them available to holders. b) Funds received from third parties and placed by the entity at disposal of professionals or managers, to cover payment for ancillary services, such as title deeds research, background checks, powers of attorney or appraisals. c) Social charges, taxes and withholdings for staff, pending payment. d) Expenses, salaries, severance indemnities and fees, pending payment. iii) Advance payments on loans due or from the sale of movable and immovable goods, while not applied to reduce the corresponding active items.
1.1.1.2. Unused balances of formalized current account advances that do not contain clauses enabling the entity to unilaterally and discretionarily cancel the possibility of using such margins.
1.1.2. Exclusions.
1.1.2.1. Obligations with the Central Bank of the Argentine Republic (BCRA).
1.1.2.2. Obligations with local financial entities.
1.1.2.3. Obligations with foreign banks –including parent companies and controlling en-
tities of local institutions and their branches– for financial lines with persons not related to the entity pursuant to point 1.2.2 of the Consolidated Text on Large Exposures to Credit Risk, for foreign lines destined to finance foreign trade operations, and with Multilateral Development Banks (MDBs). B.C.R.A. MINIMUM CASH
Section 1. Requirement.
Version: 9a. COMMUNICATION “A” 8397 Validity:
06/02/2026 Page 1

Concept | Rates in % Group A & G-SIB not included in that group | Remaining entities
1.3.5.1. In pesos.
i) Up to 29 days. 28,5 14,5 ii) From 30 to 59 days. 17,5 10,5 iii) From 60 to 89 days. 7,5 5,5 iv) From 90 days or more. 3,5 3,5
1.3.5.2. In foreign currency.
i) Up to 29 days. 23 23 ii) From 30 to 59 days. 17 17 iii) From 60 to 89 days. 11 11 iv) From 90 to 179 days. 5 5 v) From 180 to 365 days. 2 2 vi) More than 365 days. 0 0
1.3.6. Obligations from foreign financial lines –not instrumented through time deposits or acquisition of debt securities (subject to the requirement set forth in point 1.3.5.)–, obtained from related persons pursuant to point 1.2.2 of the Consolidated Text on Large Exposures to Credit Risk, according to their original term.
i) Up to 179 days. 20 20 ii) More than 179 days. 0 0
1.3.7. At sight and term deposits made by court order with funds originating in the cases in which they intervene, and their immobilized balances.
1.3.7.1. In pesos.
a) At sight. 22 10 b) According to their residual term. i) Up to 29 days. 25,5 13,5 ii) From 30 to 59 days. 17,5 10,5 iii) From 60 to 89 days. 7,5 5,5 iv) From 90 days or more. 3,5 3,5
1.3.7.2. In foreign currency. 15 15
B.C.R.A. MINIMUM CASH
Section 1. Requirement.
Version: 44a. COMMUNICATION “A” 8397 Validity:
06/02