SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE

SECURITIES EXCHANGE ACT OF 1934

May 22, 2024

Commission File Number: 001-32827

MACRO BANK INC.

(Translation of registrant's name into English)

Avenida Eduardo Madero 1182

Ciudad Autónoma de Buenos Aires C1106 ACY

Tel: 54 11 5222 6500

(Address of registrant's 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):

Yes ¨ No x

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):

Yes ¨ No x
BANCO MACRO 1Q24 EARNINGS RELEASE

Index

01 Summary
02 Disclaimer
03 Results
04 Financial Assets
05 Public Sector Assets
06 Funding
07 Liquid Assets
08 Solvency
09 Asset Quality
10 1Q24 Snapshot
11 Relevant and Recent Events
12 Regulatory Changes
13 CER Exposure and Foreign Currency Position

2

BANCO MACRO 1Q24 EARNINGS RELEASE

4

BANCO MACRO 1Q24 EARNINGS RELEASE

5

BANCO MACRO 1Q24 EARNINGS RELEASE
Summary .01

·THE BANK'S NET INCOME totaled Ps.275.2 billion in 1Q24. This result was 61% lower than the Ps.679.3 billion posted in 4Q23 and 626% higher than the Ps.37.9 billion posted in 1Q23. In 1Q24 the annualized return on average equity ("ROAE") and the annualized return on average assets ("ROAA") were 37.4% and 11.9%, respectively.

· In 1Q24, OPERATING INCOME (before G&A and personnel expenses) totaled Ps.1.62 trillion, 19% or Ps.388 billion lower than in 4Q23 and 149% or Ps.969.3 billion higher than the same period of last year.

· In 1Q24, OPERATING INCOME (after G&A and personnel expenses) totaled Ps.1.25 trillion, 20% or Ps.322.7 billion lower than in 4Q23 and 211% or Ps.850.8 billion higher than the same period of last year.

· In 1Q24, BANCO MACRO'S TOTAL FINANCING decreased 10% or Ps.279.6 billion quarter over quarter ("QoQ") totaling Ps.2.5 trillion and decreased 8% or Ps.205.9 billion year over year ("YoY"). In 1Q24 peso financing decreased 20% while USD financing increased 75%.

· In 1Q24, BANCO MACRO'S TOTAL DEPOSITS decreased 1% or Ps.74.3 billion QoQ and 11% or Ps.644 billion YoY, totaling Ps.5 trillion and representing 76% of the Bank's total liabilities. Private sector deposits decreased 6% or Ps.291.2 billion QoQ. In 1Q24, Peso deposits increased, 10% while USD deposits decreased 32%.

· Banco Macro continued showing a strong solvency ratio, with an EXCESS CAPITAL of Ps.2.6 trillion, 46.5% Capital Adequacy Ratio - Basel III and 44.5 % Tier 1 Ratio. In addition, the Bank's LIQUID ASSETS remained at an adequate level, reaching 124% of its total deposits in 1Q24.

· In 1Q24, the Bank's NON-PERFORMING TO TOTAL FINANCING RATIO was 1.14% and the COVERAGE RATIO reached 222.7%.

· As of 1Q24, through its 517 branches and 9.166 employees Banco Macro serves 5.18 million retail customers (2.19 million digital customers) across 23 of the 24 Provinces in Argentina and over 149,770 corporate customers.

As of December 2023, Banco Macro consolidated includes Banco Macro + subsidiaries + Banco BMA (formerly Banco Itaú Argentina)

6

BANCO MACRO 1Q24 EARNINGS RELEASE
Disclaimer .02

This press release includes forward-looking statements. We have based these forward-looking statements 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, including, 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 and financial services; deterioration in regional and national business and economic conditions in Argentina; and fluctuations in the exchange rate of the peso.

The words "believe," "may," "will," "aim," "estimate," "continue," "anticipate," "intend," "expect" and similar words are intended to identify forward-looking statements. Forward-looking statements include information concerning our possible or assumed future results of operations, business strategies, financing plans, competitive position, industry environment, potential growth opportunities, the effects of future regulation and the effects of competition. Forward-looking statements speak only as of the date they were made, and we undertake no obligation to update publicly or to revise any forward-looking statements after we distribute this press release because of new information, future events or other factors. In light of the risks and uncertainties described above, the forward-looking events and circumstances discussed in this press release might not occur and are not guarantees of future performance.

This report is a summary analysis of Banco Macro's financial condition and results of operations as of and for the period indicated. For a correct interpretation, this report must be read in conjunction with all other material periodically filed with the Comisión Nacional de Valores (www.cnv.gob.ar), the Securities and Exchange Commission (www.sec.gov), Bolsas y mercados Argentinos (www.byma.com.ar) and the New York Stock Exchange (www.nyse.com). In addition, the Central Bank (www.bcra.gov.ar) may publish information related to Banco Macro as of a date subsequent to the last date for which the Bank has published information.

Readers of this report must note that this is a translation made from an original version written and expressed in Spanish. Consequently, any matters of interpretation should be referred to the original version in Spanish.

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 Accouting Standards Board ("I.A.S.B") and by the Federación Argentina de Consejos Profesionales de Ciencias Económicas ("F.A.C.P.E."). As of January 2020 the Bank started reporting with the application of (i) Expected losses of IFRS 9 "Financial Instruments" and (ii) IAS 29 "Financial Reporting in Hyperinflationary Economies". Data and figures shown in this Earnings Release may differ from the ones shown in the 20-F annual report. As of fiscal year 2021, the monetary result accrued by items of a monetary nature measured at fair value with changes in Other Comprehensive Income (OCI), is recorded in the Result form the Net Monetary Position integrating the Net Result of the period in accordance with Communication "A" 7211 of the Central Bank of Argentina. Previous quarters of 20223 have been restated in accordance with said Communication in order to make a comparison possible

7

BANCO MACRO 1Q24 EARNINGS RELEASE

1Q24 Earnings Release Conference Call

Friday, May 24, 2024

Time:

12:00 a.m. Eastern Time

01:00 p.m. Buenos Aires Time

To participate, please dial:

Argentina Toll Free:

(011) 3984 5677

Participants Dial In (Toll Free):

+1 (844) 450 3847

Participants International Dial In:

+1 (412) 317 6370

Conference ID: Banco Macro

Webcast: click here

Webcast Replay: click here

Available from 05/24/2024 through 06/7/2024

IR Contacts in Buenos Aires:

Jorge Scarinci

Chief Financial Officer

Nicolás A. Torres

Investor Relations

Phone: (54 11) 5222 6682

E-mail: investorelations@macro.com.ar

Visit our website at:

www.macro.com.ar/relaciones-inversores

8

BANCO MACRO 1Q24 EARNINGS RELEASE
Results .03

As of December 2023, Banco Macro consolidated includes Banco Macro + subsidiaries + Banco BMA (formerly Banco Itaú Argentina)

Earnings per outstanding share were Ps.430.74 in 1Q24, 61% lower than in 4Q23 but 627% higher than the result posted a year ago.

EARNINGS PER SHARE MACRO Consolidated Change
In MILLION $ (Measuring Unit Current at EOP) 1Q23 2Q23 3Q23 4Q23 1Q24 QoQ YoY
Net income -Parent Company- (M $) 37,921 138,379 17,458 697,255 275,235 -61 % 626 %
Average # of shares outstanding (M) 639 639 639 639 639 0 % 0 %
Book value per avg. Outstanding share ($) 3,841 3,643 3,665 4,851 5,259 8 % 37 %
Shares Outstanding (M) 639 639 639 639 639 0 % 0 %
Earnings per avg. outstanding share ($) 59.22 216.56 27.32 1,091.17 430.74 -61 % 627 %
EOP FX (Pesos per USD) 208.9883 256.6750 350.0083 808.4833 857.4167 6 % 310 %
Book value per avg. issued ADS (USD) 183.79 141.93 104.71 60.00 61.34 2 % -67 %
Earnings per avg. outstanding ADS (USD) 2.83 8.44 0.78 13.50 5.02 -63 % 77 %

Banco Macro's 1Q24 net income of Ps.275.2 billion was 61% or Ps.422 billion lower than the previous quarter and 626% or Ps.237.3 billion higher YoY mainly due to the mark to market of Government Securities (financial assets at fair value through profit or loss). This result represented an annualized ROAE and ROAA of 37.4% and 11.9% respectively. Total comprehensive income for the quarter totaled Ps.260.5 billion, 66% lower than the result posted in the previous quarter.

Net operating income (before G&A and personnel expenses) was Ps.1.62 trillion in 1Q24, 19% or Ps.388 billion lower compared to 4Q23. On a yearly basis, Net Operating Income (before G&A and personnel expenses) increased 149% or Ps.969.3 billion.

In 1Q24, Provision for loan losses totaled Ps.18.9 billion, 32% or Ps.8.7 billion lower than in 4Q23. On a yearly basis provision for loan losses increased 40% or Ps.5.4 billion.

Operating income (after G&A and personnel expenses) was Ps.1.25 trillion in 1Q24, 20% or Ps.322.7 billion lower than in 4Q23 and 211% or Ps.850.8 billion higher than a year ago.

It is important to emphasize that this result was obtained with a leverage of only 3x assets to equity ratio.

9

BANCO MACRO 1Q24 EARNINGS RELEASE
INCOME STATEMENT MACRO Consolidated Change
In MILLION $ (Measuring Unit Current at EOP) 1Q23 2Q23 3Q23 4Q23 1Q24 QoQ YoY
Net Interest Income 378,801 338,239 261,918 278,516 167,515 -40 % -56 %
Net fee income 85,455 82,535 82,488 84,256 74,061 -12 % -13 %
Net Interest Income + Net Fee Income 464,256 420,774 344,406 362,772 241,576 -33 % -48 %
Net Income from financial instruments at fair value through P&L 35,664 162,583 -84,503 1,357,364 1,272,438 -6 % 3468 %
Income from assets at amortized cost - - 319 200 21 0 % 0 %
Differences in quoted prices of gold and foreign currency 142,244 237,601 553,341 277,087 80,592 -71 % -43 %
Other operating income 22,170 23,975 26,223 38,150 44,350 16 % 100 %
Provision for loan losses 13,492 17,296 11,305 27,569 18,857 -32 % 40 %
Net Operating Income 650,842 827,637 828,481 2,008,004 1,620,120 -19 % 149 %
Employee benefits 91,026 96,158 100,219 134,878 133,392 -1 % 47 %
Administrative expenses 45,189 53,873 53,635 96,306 68,910 -28 % 52 %
Depreciation and impairment of assets 18,981 19,364 19,185 30,560 24,284 -21 % 28 %
Other operating expenses 92,454 115,885 109,226 169,603 139,584 -18 % 51 %
Operating Income 403,192 542,357 546,216 1,576,657 1,253,950 -20 % 211 %
Result from associates & joint ventures -851 -597 -165 237,238 -214 - -
Result from net monetary postion -342,825 -342,898 -501,839 -797,250 -888,994 12 % 159 %
Result before taxes from continuing operations 59,516 198,862 44,212 1,016,645 364,742 -64 % 513 %
Income tax 21,595 60,483 26,754 319,390 89,507 -72 % 314 %
Net income from continuing operations 37,921 138,379 17,458 697,255 275,235 -61 % 626 %
- -
Net Income of the period 37,921 138,379 17,458 697,255 275,235 -61 % 626 %
Net income of the period attributable to parent company 37,869 138,284 17,396 696,933 275,419 -60 % 627 %
Net income of the period attributable to minority interest 52 95 62 322 -184 -157 % -
Other Comprehensive Income -3,224 6,744 -3,294 60,678 -14,706 - -
Foreign currency translation differences in financial statements conversion -822 -192 298 15,513 -14,063 - -
Profits or losses from financial assets measured at fair value through other comprehensive income (FVOCI) (IFRS 9(4.1.2)(a) -2,402 6,936 -3,592 45,165 -643 - -
TOTAL COMPREHENSIVE INCOME FOR THE PERIOD 34,697 145,123 14,164 757,933 260,529 -66 % 651 %
Total Comprehensive Income attributable to parent Company 34,645 145,028 14,102 757,611 260,713 -66 % 653 %
Total Comprehensive Income attributable to non-controlling interests 52 95 62 322 -184 -157 % -

The Bank's 1Q24 net interest income totaled Ps.167.5 billion, 40% or Ps.111 billion lower than in 4Q23 and 56% or Ps.211.3 billion lower YoY. Interest income decreased 18% while interest expenses decreased 7%.

10

BANCO MACRO 1Q24 EARNINGS RELEASE

In 1Q24 interest income totaled Ps714.8 billion, 18% or Ps.154.5 billion lower than in 4Q23 and 19% or Ps.172 billion lower than in 1Q23.

Income from interest on loans and other financing totaled Ps.462 billion, 18% or Ps102.8 billion lower compared with the previous quarter mainly due to a 16% decrease in the average volume of private sector loans and a 118 basis points decease in the average lending rate. On a yearly basis Income from interest on loans increased 39% or Ps.129.8 billion.

In 1Q24, income from government and private securities decreased 42% or Ps.68.3 billion QoQ (due to the unwinding of our Leliq portfolio) and decreased 82% or Ps.429.33 billion compared with the same period of last year. This result is explained 68% by income from government and private securities through other comprehensive income (Other government securities) and the remaining 32% is explained by income from government and private securities in pesos at amortized cost.

In 1Q24, income from Repos totaled Ps.151.9 billion, 19% or Ps.24.3 billion higher than the previous quarter and 482% or Ps.125.8 billion higher than a year ago.

In 1Q43 FX income totaled Ps.80.6 billion,71% or Ps.196.5 billion lower than the previous quarter and 43% or Ps.61.6 billion lower than a year ago. FX income gain was due to the 6.1% argentine peso depreciation against the US dollar and the Bank's long dollar position during the quarter. It is important to notice that the Bank's long dollar position decreased 96% during the quarter.

FX INCOME MACRO Consolidated Variation
In MILLION $ (Measuring Unit Current at EOP) 1Q23 4Q23 1Q24 QoQ YoY
(1) Differences in quoted prices of gold and foreign currency 142,244 277,087 80,592 -71 % -43 %
Translation of FX assets and liabilities to Pesos 141,393 275,980 80,391 -71 % -43 %
Income from foreign currency exchange 851 1,107 201 -82 % -76 %
(2) Net Income from financial assets and liabilities at fair value through P&L 754 23,363 5,165 -78 % 585 %
Income from investment in derivative financing instruments 754 23,363 5,165 -78 % 585 %
(1) +(2) Total Result from Differences in quoted prices of gold and foreign currency 142,998 300,450 85,757 -71 % -40 %

11

BANCO MACRO 1Q24 EARNINGS RELEASE
INTEREST INCOME MACRO Consolidated Change
In MILLION $ (Measuring Unit Current at EOP) 1Q23 2Q23 3Q23 4Q23 1Q24 QoQ YoY
Interest on Cash and due from Banks 2,135 2,357 2,953 2,938 3,135 7 % 47 %
Interest from government securities 524,026 518,059 480,857 162,143 94,022 -42 % -82 %
Interest from private securities 381 281 193 1,244 1,050 -16 % 176 %
Interest on loans and other financing
To the financial sector 413 775 1,321 2,468 1,027 -58 % 149 %
To the public non financial sector 1,501 10,122 9,320 8,064 1,666 -79 % 11 %
Interest on overdrafts 36,222 50,041 63,546 115,119 71,365 -38 % 97 %
Interest on documents 35,223 43,583 65,561 93,445 56,909 -39 % 62 %
Interest on mortgages loans 42,682 53,543 50,679 74,171 108,751 47 % 155 %
Interest on pledged loans 3,110 3,514 3,964 4,434 3,143 -29 % 1 %
Interest on personal loans 100,643 95,216 88,773 85,783 69,749 -19 % -31 %
Interest on credit cards loans 70,542 73,310 74,478 83,491 64,917 -22 % -8 %
Interest on financial leases 447 378 845 3,553 3,510 -1 % 685 %
Interest on other loans 43,315 53,681 67,541 104,764 83,613 -20 % 93 %
Interest on Repos 0
From the BCRA 26,036 57,510 87,304 126,637 151,842 20 % 483 %
Other financial institutions 62 0 39 982 65 - 5 %
Total Interest income 886,738 962,370 997,374 869,236 714,764 -18 % -19 %
Income from Interest on loans 332,184 373,266 415,387 564,760 461,957 -18 % 39 %

The Bank's 1Q24 interest expense totaled Ps.547.3 billion, decreasing 7% or Ps.43.5 billion compared to the previous quarter and 8% (Ps.39.3 billion) higher compared to 1Q23.

In 1Q24, interest on deposits represented 96% of the Bank's total interest expense, decreasing 8% or Ps.46.5 billion QoQ, due to a 970 basis points decrease in the average rate paid on deposits while the average volume of deposits from the private sector increased 5%. On a yearly basis, interest on deposits increased 6% or Ps.31.5billion.

INTEREST EXPENSE MACRO Consolidated Change
In MILLION $ (Measuring Unit Current at EOP) 1Q23 2Q23 3Q23 4Q23 1Q24 QoQ YoY
Deposits
Interest on checking accounts 22,924 42,034 49,320 54,310 64,109 18 % 180 %
Interest on saving accounts 4,969 6,709 6,366 9,429 13,088 39 % 163 %
Interest on time deposits 467,690 559,647 665,900 509,882 449,935 -12 % -4 %
Interest on other financing from BCRA and financial inst. 824 691 550 1,043 2,137 105 % 159 %
Repos
Other financial institutions 4,811 7,101 5,012 4,111 4,109 0 % -15 %
Interest on corporate bonds 62 61 66 2,477 4,746 92 % 7555 %
Interest on subordinated bonds 5,211 5,078 5,487 5,726 6,035 5 % 16 %
Interest on other financial liabilities 1,446 2,810 2,755 3,742 3,090 -17 % 114 %
Total financial expense 507,937 624,131 735,456 590,720 547,249 -7 % 8 %
Expenses from interest on deposits 495,583 608,390 721,586 573,621 527,132 -8 % 6 %

12

BANCO MACRO 1Q24 EARNINGS RELEASE

In 1Q24, the Bank's net interest margin (including FX) was 26%, lower than the 33.8% posted in 4Q23 and the 33.6% posted in 1Q23.

1Q24 NET INTEREST MARGIN* 17.6% LOWER THAN THE 26.1% POSTED IN 4Q23 AND LOWER THAN THE 24.4% IN 1Q23
1Q24 NET INTEREST MARGIN PESOS 20.6% LOWER THAN THE 28.1% POSTED IN 4Q23 AND LOWER THAN THE 26.8% IN 1Q23
1Q234NET INTEREST MARGIN USD 7.5%

LOWER THAN THE 15.3% POSTED IN 4Q23 AND HIGHER THAN THE 6.7% IN 1Q23

* EXCLUDING FX GAINS

ASSETS & LIABILITIES
PERFORMANCE (AR$) 		MACRO Consolidated
In MILLION $ 1Q23 4Q23 1Q24
(Measuring Unit Current at EOP) AVERAGE REAL INT NOMINAL AVERAGE REAL INT NOMINAL AVERAGE REAL INT NOMINAL
Yields & rates in annualized nominal % BALANCE RATE INT RATE BALANCE RATE INT RATE BALANCE RATE INT RATE
Interest-earning assets
Loans & Other Financing
Public Sector 10,310 -15.5 % 59.0 % 29,472 -33.0 % 108.6 % 7,272 -37.6 % 92.1 %
Financial Sector 4,138 -25.9 % 39.4 % 17,790 -50.3 % 54.7 % 13,315 -57.7 % 30.2 %
Private Sector 2,450,418 -18.8 % 52.7 % 2,542,513 -40.9 % 84.1 % 1,916,282 -37.3 % 92.9 %
Other debt securities
Central Bank Securities (Leliqs) 2,266,694 -6.3 % 76.2 % 330,214 -26.0 % 130.6 % 0 0.0 % 0.0 %
Government & Private Securities 680,464 -16.1 % 57.8 % 286,568 -44.5 % 72.7 % 423,066 -39.9 % 84.9 %
Repos 148,576 -9.0 % 71.2 % 385,326 -25.7 % 131.4 % 599,248 -34.3 % 102.0 %
Total interest-earning assets 5,560,600 -13.1 % 63.4 % 3,591,883 -38.2 % 92.6 % 2,959,183 -36.9 % 94.0 %
Fin. Assets through P&L and equity inv. 87,634 -35.4 % 21.5 % 23,852 200.6 % 836.0 % 1,962,707 5.3 % 224.0 %
Other Non interest-earning assets 561,646 741,409 558,592
Total Non interest-earning assets 649,280 765,261 2,521,299
Total Average Assets 6,209,880 4,357,144 5,480,482
Interest-bearing liabilities
Deposits
Public Sector 262,065 -14.7 % 60.4 % 166,285 -35.3 % 101.4 % 241,012 -38.4 % 89.6 %
Private Sector 3,578,302 -19.4 % 51.7 % 2,505,946 -40.9 % 84.1 % 2,444,959 -42.2 % 77.9 %
BCRA and other financial institutions 2,033 40.4 % 164.2 % 3,086 -29.4 % 119.8 % 4,860 -9.3 % 179.0 %
Corporate bonds 0 0.0 % 0.0 % 5,640 -24.5 % 135.2 % 8,069 -3.2 % 197.8 %
Repos 30,473 -12.8 % 64.0 % -15,023 -102.8 % -108.6 % 19,621 -40.1 % 84.2 %
Other financial liabilities 471439 -0.463 0.011 595806 -0.672 0.023 524592 -0.668 0.021
Total int.-bearing liabilities 4,344,312 -21.9 % 46.9 % 3,261,740 -45.1 % 71.0 % 3,243,113 -45.7 % 67.0 %
Total non int.-bearing liabilities 1,156,987 1,250,165 1,209,769
Total Average Liabilities 5,501,299 4,511,905 4,452,882
Assets Performance 869,305 838,012 691,365
Liabilities Performance 502,447 583,944 540,033
Net Interest Income 366,858 254,068 151,332
Total interest-earning assets 5,560,600 3,591,883 2,959,183
Net Interest Margin (NIM) 26.8 % 28.1 % 20.6 %

13

BANCO MACRO 1Q24 EARNINGS RELEASE
ASSETS & LIABILITIES
PERFORMANCE USD 		MACRO Consolidated
In MILLION $ 1Q23 4Q23 1Q24
(Measuring Unit Current at EOP) AVERAGE REAL INT NOMINAL AVERAGE REAL INT NOMINAL AVERAGE REAL INT NOMINAL
Yields & rates in annualized nominal % BALANCE RATE INT RATE BALANCE RATE INT RATE BALANCE RATE INT RATE
Interest-earning assets
Cash and Deposits in Banks 356,234 -5.9 % 2.4 % 308,343 106.6 % 3.8 % 399,785 -58.3 % 3.2 %
Loans & Other Financing
Financial Sector 658 -1.8 % 6.8 % 6,191 100.6 % 0.8 % 255 -41.7 % 44.2 %
Private Sector 174,386 21.3 % 31.9 % 188,132 208.6 % 55.1 % 381,142 -51.4 % 20.2 %
Other debt securities
Central Bank 143,703 0 0 75335 0 0 19884 0 0
Government & Private Securities 52,901 3.0 % 12.0 % 51,219 132.2 % 16.7 % 61,479 -56.7 % 7.0 %
Total interest-earning assets 727,882 0.8 % 9.7 % 635,749 137.8 % 19.5 % 862,545 -55.2 % 10.9 %
Fin. Assets through P&L and equity inv. 855,340 6.2 % 15.5 % 2,124,428 585.3 % 244.4 % 1,306,440 -36.3 % 57.5 %
Other Non interest-earning assets 1,320,657 1,500,938 1,654,935
Total Non interest earning assets 2,175,997 3,625,366 2,961,375
Total Average Assets 2,903,879 4,261,115 3,823,920
Interest-bearing liabilities
Deposits
Public Sector 20,974 -8.0 % 0.1 % 7,140 99.2 % 0.1 % 6,741 -59.5 % 0.1 %
Private Sector 473,868 -8.1 % 0.0 % 504,525 99.0 % 0.0 % 712,809 -59.6 % 0.0 %
BCRA and other financial institutions 12,920 -3.5 % 5.0 % 18,160 117.9 % 9.5 % 16,043 -56.3 % 8.1 %
Issued corporate bonds 12,330 -6.2 % 2.0 % 38,651 110.3 % 5.7 % 62,930 -57.6 % 5.0 %
Subordinated bonds 327,296 -2.1 % 6.5 % 323,986 112.9 % 7.0 % 381,664 -57.0 % 6.4 %
Total int.-bearing liabilities 847,388 -5.7 % 2.6 % 892,462 105.0 % 3.0 % 1,180,187 -58.6 % 2.5 %
Total non int.-bearing liabilities 411,371 613,192 719,071
Total Average liabilities 1,258,759 1,505,654 1,899,258
Assets Performance 17,433 31,224 23,399
Liabilities Performance 5,490 6,776 7,216
Net Interest Income 11,943 24,448 16,183
Total interest-earning assets 727,882 635,749 862,545
Net Interest Margin (NIM) 6.7 % 15.3 % 7.5 %

In 1Q24 Banco Macro's net fee income totaled Ps.74.1 billion, 12% or Ps.10.2 billion lower than in 4Q23 and was 13% or Ps.11.4 billion lower than the same period of last year.

In the quarter, fee income totaled Ps.84.2 billion, 12% or Ps.11 billion lower than in 4Q23. In the quarter fees charged on deposit accounts decreased 13% or Ps.4.2 billion, credit card fees decreased 14% or Ps.2.8 billion and Mutual funds and securities fees decreased 31% or Ps.1.3 billion. On a yearly basis, fee income decreased 11% or Ps.10 billion.

In the quarter, total fee expense decreased 7% or Ps.820 million. On a yearly basis, fee expenses increased 16% or Ps.1.4 billion.

14

BANCO MACRO 1Q24 EARNINGS RELEASE
NET FEE INCOME MACRO Consolidated Change
In MILLION $ (Measuring Unit Current at EOP) 1Q23 2Q23 3Q23 4Q23 1Q24 QoQ YoY
Fees charged on deposit accounts 34,893 34,068 32,990 33,182 28,945 -13 % -17 %
Credit card fees 20,583 19,233 18,391 19,810 17,044 -14 % -17 %
Corporate services fees 13,665 13,360 14,016 13,859 13,715 -1 % 0 %
Debit card fees 4,272 3,904 5,893 6,633 5,589 -16 % 31 %
ATM transaction fees 6,383 5,508 5,378 5,110 5,115 0 % -20 %
Insurance fees 5,078 4,748 4,420 4,268 3,629 -15 % -29 %
Credit related fees 2,209 2,634 2,227 3,351 3,604 8 % 63 %
Financial agent fees (provinces) 4,628 5,212 4,977 4,556 3,474 -24 % -25 %
Mutual funds & securities fees 2,232 2,583 3,130 4,248 2,936 -31 % 32 %
AFIP & Collection services 225 184 176 156 125 -20 % -44 %
ANSES fees 55 46 47 33 15 -55 % -73 %
Total fee income 94,223 91,480 91,645 95,206 84,191 -12 % -11 %
Total fee expense 8,768 8,945 9,157 10,950 10,130 -7 % 16 %
Net fee income 85,455 82,535 82,488 84,256 74,061 -12 % -13 %

In 1Q43 Net Income from financial assets and liabilities at fair value through profit or loss totaled a Ps.1.27 trillion gain, decreasing 6% or Ps.84.9 billion in the quarter. This gain was mainly due to the mark to market of some government securities (CER inflation adjusted bonds) (Ps.1.28 trillion).

On a yearly basis Net Income from financial assets and liabilities at fair value through profit or loss increased Ps.1.24 trillion.
NET INCOME FROM FINANCIAL ASSETS AND LIABILITIES
AT FAIR VALUE THROUGH PROFIT OR LOSS 		MACRO Consolidated Change
In MILLION $ (Measuring Unit Current at EOP) 1Q23 2Q23 3Q23 4Q23 1Q24 QoQ YoY
Profit or loss from government securities 50,067 137,694 -141,234 1,266,336 1,279,205 1 % 2455 %
Profit or loss from private securities -11,849 25,065 37,242 54,781 6,579 -88 % -156 %
Profit or loss from investment in derivative financing instruments 754 1,311 1,921 23,363 5,165 -78 % 585 %
Profit or loss from other financial assets 66 474 -2,433 3,708 3,165 -15 % 4695 %
Profit or loss from investment in equity instruments 197 -119 4,163 1,046 435 -58 % 121 %
Profit or loss from the sale of financial assets at fair value -1,954 5,772 16,846 9,736 -14,503 - -
Income from financial assets at fair value through profit or loss 37,281 170,197 -83,495 1,358,970 1,280,046 -6 % 3334 %
Profit or loss from derivative financing instruments -1,617 -7,614 -1,008 -1,606 -7,608 - -
Income from financial liabilities at fair value through profit or loss -1,617 -7,614 -1,008 -1,606 -7,608 - -
NET INCOME FROM FINANCIAL ASSETS AT FAIR
VALUE THROUGH PROFIT OR LOSS 		35,664 162,583 -84,503 1,357,364 1,272,438 -6 % 3468 %

15

BANCO MACRO 1Q24 EARNINGS RELEASE

In the quarter, Other Operating Income totaled Ps.44.4 billion, 16% or Ps.6.2 billion higher than in 4Q23 (Other adjustments and interest from other receivables increased 5.2 billion while Other adjustments and interest from receivables increased 54% or Ps.5 billion).On a yearly basis, Other Operating Income increased 100% or Ps.22.2 billion.

OTHER OPERATING INCOME MACRO Consolidated Change
In MILLION $ (Measuring Unit Current at EOP) 1Q23 2Q23 3Q23 4Q23 1Q24 QoQ YoY
Credit and debit cards 2,465 2,929 3,649 4,629 3,796 -18 % 54 %
Lease of safe deposit boxes 2,711 2,549 2,438 2,805 2,606 -7 % -4 %
Other service related fees 6,884 7,605 9,656 11,344 12,841 13 % 87 %
Other adjustments and interest from other receivables 5,696 6,037 6,869 9,296 14,321 54 % 151 %
Initial recognition of loans - - - - 5,162 - -
Sale of property, plant and equipment 23 180 -5 53 1 -98 % -
Others 4,391 4,675 3,616 10,023 5,623 -44 % 28 %
Other Operating Income 22,170 23,975 26,223 38,150 44,350 16 % 100 %

In 1Q24 Banco Macro's administrative expenses plus employee benefits totaled Ps.202.3 billion, 12% or Ps.28.9 billion lower than the previous quarter, due to lower employee benefits (-1%) and lower (+28%) administrative expenses. On a yearly basis, administrative expenses plus employee benefits increased 49% or Ps.66.1 billion.

Employee benefits decreased 1% or Ps.1.5 billion QoQ, social security contributions and compensation and bonuses decreased 7% or Ps.1.6 billion while Compensation and bonuses decreased 7% or Ps.1.3 billion. On a yearly basis, Employee benefits increased 47% or Ps.42.4 billion.

In 1Q24, administrative expenses decreased 28% or Ps.27.4 billion, due to lower Directors and auditors fees(-60%), lower other professional fees (-37%) lower advertisement and publicity fees (-43%) and lower other administrative expenses (-16%). On a yearly basis administrative expenses increased 52% or Ps.23.7 billion.

In 1Q24, the efficiency ratio reached 14.7%, improving significantly from the 18.6% posted in 4Q23 and much better than the 25.5% posted a year ago. In 1Q24 expenses (employee benefits + G&A expenses + depreciation and impairment of assets) decreased 13%, while income (net interest income + net fee income + differences in quoted prices of gold and foreign currency + other operating income + net income from financial assets at fair value through profit or loss - (Turnover Tax + Insurance on deposits)) decreased 11% compared to 4Q23.

16

BANCO MACRO 1Q24 EARNINGS RELEASE
PERSONNEL & ADMINISTRATIVE EXPENSES MACRO Consolidated Change
In MILLION $ (Measuring Unit Current at EOP) 1Q23 2Q23 3Q23 4Q23 1Q24 QoQ YoY
Employee benefits 91,026 96,158 100,219 134,878 133,392 -1 % 47 %
Remunerations 61,357 65,900 69,341 89,747 91,400 2 % 49 %
Social Security Contributions 15,605 15,907 17,202 23,505 21,913 -7 % 40 %
Compensation and bonuses 11,012 11,112 10,379 18,067 16,820 -7 % 53 %
Employee services 3,052 3,239 3,297 3,559 3,259 -8 % 7 %
Administrative Expenses 45,189 53,873 53,635 96,306 68,910 -28 % 52 %
Taxes 7,672 8,343 11,194 13,640 11,788 -14 % 54 %
Maintenance, conservation fees 6,996 7,510 7,508 10,497 9,673 -8 % 38 %
Directors & statutory auditors fees 1,824 6,100 3,076 29,825 12,035 -60 % 560 %
Security services 4,322 4,314 4,544 4,862 4,013 -17 % -7 %
Electricity & Communications 4,132 3,995 3,923 3,712 5,106 38 % 24 %
Other professional fees 4,894 5,401 5,849 8,984 5,666 -37 % 16 %
Rental agreements 177 228 160 148 433 193 % 145 %
Advertising & publicity 1,848 3,012 4,309 4,920 2,783 -43 % 51 %
Personnel allowances 931 988 1,057 1,314 755 -43 % -19 %
Stationary & Office Supplies 405 354 372 491 362 -26 % -11 %
Insurance 374 463 471 477 337 -29 % -10 %
Hired administrative services 324 1,398 924 1,941 2,872 48 % 786 %
Other 11,290 11,767 10,248 15,495 13,087 -16 % 16 %
Total Administrative Expenses 136,215 150,031 153,854 231,184 202,302 -12 % 49 %
Total Employees 7,756 7,797 7,765 9,192 9,166
Branches 463 462 461 519 517
Efficiency ratio 25.5 % 21.7 % 22.4 % 13.6 % 14.7 %
Accumulated efficiency ratio 25.5 % 23.4 % 23.0 % 18.6 % 14.7 %

In 1Q24, Other Operating Expenses totaled Ps.139.6 billion, decreasing 18% or Ps.30 billion QoQ, due to lower turnover tax (13% or Ps.13.5 billion), lower initial loan recognition charges (Ps.9 billion) and lower Other expenses (12% or Ps.5.4 billion). On a yearly basis, Other Operating Expenses increased 51% or Ps.47.1 billion.

OTHER OPERATING EXPENSES MACRO Consolidated Change
In MILLION $ (Measuring Unit Current at EOP) 1Q23 2Q23 3Q23 4Q23 1Q24 QoQ YoY
Turnover Tax 54,278 63,790 63,942 106,298 92,800 -13 % 71 %
Other provision charges 2,568 3,026 2,047.00 5,738 3,720 -35 % 45 %
Deposit Guarantee Fund Contributions 2,352 2,187 2,237 1,879 1,687 -10 % -28 %
Donations 801 619 213 282 530 88 % -34 %
Insurance claims 890 893 900 1,213 1,128 -7 % 27 %
Initial loan recognition 846 11,337 1,289 9,028 - -100 % 100 %
Others 30,719 34,032 38,597 45,149 39,716 -12 % 29 %
Other Operating Expenses 92,454 115,885 109,226 169,603 139,584 -18 % 51 %

17

BANCO MACRO 1Q24 EARNINGS RELEASE

In 1Q24, the result from the net monetary position totaled a Ps.889 billion loss, 12% or Ps.91 billion higher than the loss posted in 4Q23 and 159% or Ps.546.2 billion higher than the loss posted one year ago. This result is a consequence of a higher net monetary position (+84%) which was partially offset by lower inflation during the quarter(167 b.p. below 4Q23 level, down to 51.6% from 53.3% in 4Q23).

OPERATING RESULT MACRO consolidated Change
In MILLION $ (Measuring Unit Current at EOP) 1Q23 2Q23 3Q23 4Q23 1Q24 QoQ YoY
Operating Result (exc. Loss from net monetary position) 403,192 542,357 546,216 1,576,657 1,253,950 -20 % 211 %
Result from net monetary position (i.e. inflation adjustment) -342,825 -342,898 -501,839 -797,250 -888,994 12 % 159 %
Operating Result (Inc. Loss from net monetary position) 60,367 199,459 44,377 779,407 364,956 -53 % 505 %

In 1Q24, Banco Macro's effective income tax rate was 24.5%, lower than the 31.4% registered in 4Q23.

For more information, please see note 21 "Income Tax" of our Financial Statements.

18

BANCO MACRO 1Q24 EARNINGS RELEASE
Financial Assets .04

Loans and other financing

The volume of financing (including loans, financial trust and leasing portfolio) totaled Ps.2.5 triillion, decreasing 10% or Ps.279.6 billion QoQ and decreasing 8% or Ps.205.9 billion YoY. In 1Q24 Private sector loans decreased 10% or Ps.279.8 billion. On a yearly basis Private sector loans decreased 8% or Ps.215.7 billion.

Within commercial loans, Overdrafts stand out with a 21% or Ps.92.6 billion decrease, Documents decreased 2% or Ps.10 billion while Others increased 2% or Ps.9.3 billion.

Within consumer lending, personal loans decreased 12% or Ps.44.8 billion while credit card loans decreased 18% or Ps.132.1 billion.

Within private sector financing, peso financing decreased 20% or Ps.513.9 billion, while US dollar financing increased 75% or USD 254 million.

As of 1Q24, Banco Macro's market share over private sector loans was 9.4%.

LOANS AND OTHER FINANCING MACRO Consilidated Change
In MILLION $ (Measuring Unit Current at EOP) 1Q23 2Q23 3Q23 4Q23 1Q24 QoQ YoY
Public Sector 5,468 58,171 7,346 7,152 2,817 -61 % -48 %
Finacial Sector 7,202 6,607 33,789 15,109 19,637 30 % 173 %
Financial Sector 7,250 6,666 33,843 15,144 19,659 30 % 171 %
Less: Expected Credit Losses -48 -59 -54 -35 -22 -37 % -54 %
Private Sector 2,693,826 2,733,995 2,639,619 2,757,967 2,478,131 -10 % -8 %
Overdrafts 208,656 276,170 262,354 436,518 343,943 -21 % 65 %
Discounted documents 389,554 432,414 502,585 512,966 502,960 -2 % 29 %
Mortgage loans 276,994 273,534 253,024 253,600 245,941 -3 % -11 %
Pledged loans 42,545 42,867 43,551 42,647 32,928 -23 % -23 %
Personal loans 623,668 549,091 461,065 361,214 316,391 -12 % -49 %
Credit Card loans 838,490 826,147 793,305 735,017 602,881 -18 % -28 %
Leasing 5,217 4,499 3,374 14,387 10,057 -30 % 93 %
Others 363,039 385,009 370,772 482,925 492,211 2 % 36 %
Less: Expected Credit Losses -54,337 -55,736 -50,411 -81,307 -69,181 -15 % 27 %
Total loans and other financing 2,706,496 2,798,773 2,680,754 2,780,228 2,500,585 -10 % -8 %
Total loans in Pesos 2,504,688 2,613,790 2,501,555 2,507,337 1,993,425 -20 % -20 %
Total loans in foreign currency 201,808 184,983 179,199 272,891 507,160 86 % 151 %
EOP FX (Pesos per USD) 208.9883 256.6750 350.0083 808.4833 857.4167 6 % 310 %
Total loans in foreign currency (USD) 966 721 512 338 591 75 % -39 %
USD financing / Financing to the private sector 7 % 7 % 7 % 10 % 20 %

19

BANCO MACRO 1Q24 EARNINGS RELEASE
Public Sector Assets .05

In 1Q24, the Bank's public sector assets (excluding Central Bank notes) to total assets ratio was 47.3%, higher than the 31% registered in the previous quarter, and higher than the 17% posted in 1Q23. Other government securities increased 50% (CER inflation linked bonds) which were partially offset by a decrease in Dual Bond holdings.

In 1Q24, a 50% or Ps.1.58 trillion increase in Government Securities stands out.
PUBLIC SECTOR ASSETS MACRO Consolidated Change
In MILLION $ (Measuring Unit Current at EOP) 1Q23 2Q23 3Q23 4Q23 1Q24 QoQ YoY
Leliqs 2,497,487 1,919,463 983,024 - - - -100 %
Other 1,600,837 2,177,464 2,147,586 3,149,227 4,732,151 50 % 196 %
Government securities 4,098,324 4,096,927 3,130,610 3,149,227 4,732,151 50 % 15 %
Provincial loans 3,626 55,585 5,027 4,882 952 -80 % -74 %
Loans 3,626 55,585 5,027 4,882 952 -80 % -74 %
TOTAL PUBLIC SECTOR ASSETS 4,101,950 4,152,512 3,135,637 3,154,109 4,733,103 50 % 15 %
TOTAL PUBLIC SECTOR ASSETS (net of LEBAC/NOBAC/LELIQ) 1,604,463 2,233,049 2,152,613 3,154,109 4,733,103 50 % 195 %
TOTAL PUBLIC SECTOR ASSETS (net of LEBAC/NOBAC/LELIQ)/TOTAL ASSETS 17.0 % 22.4 % 25.0 % 31.0 % 47.3 %

20

BANCO MACRO 1Q24 EARNINGS RELEASE
Funding .06

Deposits

Banco Macro's deposit base totaled Ps.5 trillion in 1Q24, decreasing 1% or Ps.74.3 billion QoQ and an 11% or Ps.644 billion decrease YoY and representing 76% of the Bank's total liabilities.

On a quarterly basis private sector deposits decreased 6% or Ps.291.2 billion while public sector deposits decreased 83% or Ps.234.2 billion.

The decrease in private sector deposits was led by demand deposits, which decreased 26% or Ps.777.3 billion, while time deposits increased 27% or Ps.422.6 billion QoQ.

Within private sector deposits, peso deposits increased 10% or Ps.365.2 billion, while US dollar deposits decreased 32% or USD 622 million.

As of 1Q24, Banco Macro´s market share over private sector deposits was 7.5%.

DEPOSITS MACRO Consolidated Change
In MILLION $ (Measuring Unit Current at EOP) 1Q23 2Q23 3Q23 4Q23 1Q24 QoQ YoY
Public sector 430,767 415,060 413,026 283,686 517,846 83 % 20 %
Financial sector 7,412 9,214 8,024 30,606 13,371 -56 % 80 %
Private sector 5,241,536 5,538,160 4,248,617 4,795,731 4,504,544 -6 % -14 %
Checking accounts 649,635 605,034 584,674 772,698 541,276 -30 % -17 %
Savings accounts 1,640,953 1,887,931 1,503,265 2,168,236 1,622,337 -25 % -1 %
Time deposits 2,869,724 2,933,859 2,064,094 1,589,204 2,011,772 27 % -30 %
Investment accounts 6,776 40,066 15,165 189,853 262,273 38 % 3771 %
Other 74,448 71,270 81,419 75,740 66,886
Total 5,679,715 5,962,434 4,669,667 5,110,023 5,035,761 -1 % -11 %
Pesos 4,885,753 5,218,833 3,941,234 3,558,225 3,923,408 10 % -20 %
Foreign Currency (in Pesos) 793,962 743,601 728,433 1,551,798 1,112,353 -28 % 40 %
EOP FX (Pesos per USD) 208.9883 256.6750 350.0083 808.4833 857.4167 6 % 310 %
Foreign Currency (USD) 3,799 2,897 2,081 1,919 1,297 -32 % -66 %
USD Deposits / Total Deposits 14 % 12 % 16 % 30 % 22 %

Banco Macro's transactional deposits represent approximately 46% of its total deposit base as of 1Q24. These accounts are low cost and are not sensitive to interest rate increases.

21

BANCO MACRO 1Q24 EARNINGS RELEASE

Other sources of funds

In 1Q24, the total amount of other sources of funds increased 2% or Ps.84.3 billion compared to 4Q23 mainly due to a 8% or Ps.260.7 billion increase in Shareholders' equity generated by the positive net income registered during the peiod. On a yearly basis, other sources of funds increased 35% or Ps.981.2 billion.

OTHER SOURCES OF FUNDS MACRO Consolidated Change
In MILLION $ (Measuring Unit Current at EOP) 1Q23 2Q23 3Q23 4Q23 1Q24 QoQ YoY
Central Bank of Argentina 190 167 126 131 62 -53 % -67 %
Banks and international institutions 17,142 10,654 12,061 23,079 18,551 -20 % 8 %
Financing received from Argentine financial institutions 151 1,528 612 6,810 1,130 -83 % 648 %
Subordinated corporate bonds 335,094 326,821 335,807 497,665 353,563 -29 % 6 %
Corporate bonds 12,747 10,246 12,675 89,251 67,179 -25 % 427 %
Shareholders' equity 2,454,052 2,327,687 2,341,790 3,099,400 3,360,113 8 % 37 %
Total other source of funds 2,819,376 2,677,103 2,703,071 3,716,336 3,800,598 2 % 35 %

22

BANCO MACRO 1Q24 EARNINGS RELEASE
Liquid Assets .07

In 1Q24, the Bank's liquid assets amounted to Ps.6.25 trillion, showing a 4% or Ps.9239.7 billion increase QoQ, and a 14% or Ps.755.7 billion increase on a yearly basis.

In 1Q24 Other Government securities increased 50% or Ps.1.58 trillion while Net Repos decreased 70% or Ps.650 billion.
In 1Q24, Banco Macro's liquid assets to total deposits ratio reached 124%.
LIQUID ASSETS MACRO Consolidated Change
In MILLION $ (Measuring Unit Current at EOP) 1Q23 2Q23 3Q23 4Q23 1Q24 QoQ YoY
Cash 1,154,332 1,039,322 1,040,143 1,824,171 1,149,472 -37 % 0 %
Guarantees for compensating chambers 99,460 79,392 76,467 103,281 99,616 -4 % 0 %
Call 2,327.00 251.00 - 8,188 -8,461.00 - -
Leliq own portfolio 2,497,487 1,919,463 983,024 - - - -100 %
Net Repos 140,114 423,397 355,015 925,673 277,483 -70 % -
Other government & private securities 1,600,837 2,177,464 2,147,586 3,149,227 4,732,151 50 % 196 %
Total 5,494,557 5,639,289 4,602,235 6,010,540 6,250,261 4 % 14 %
Liquid assets to total deposits 97 % 95 % 99 % 118 % 124 %

23

BANCO MACRO 1Q24 EARNINGS RELEASE
Solvency .08

Banco Macro continued showing high solvency levels in 1Q24 with an integrated capital (RPC) of Ps.3.2 trillion over a total capital requirement of Ps.548.9billion. Banco Macro's excess capital in 1Q24 was 472% or Ps.2.59 trillion.

The Capital Adequacy Ratio (as a percentage of risk-weighted assets- RWA) was 46.5% in 1Q24; TIER1 Ratio stood at 44.5%.

The Bank's aim is to make THE BEST USE OF THIS EXCESS CAPITAL.
MINIMUM CAPITAL REQUIREMENT MACRO Consolidated Change
In MILLION $ 1Q23 2Q23 3Q23 4Q23 1Q24 QoQ YoY
Credit risk requirement 73,119 92,213 124,155 250,774 312,304 25 % 327 %
Market risk requirement 11,531 25,821 19,898 38,335 39,647 3 % 244 %
Operational risk requirement 38,935 48,802 71,224 114,388 196,966 72 % 406 %
Total capital requirements 123,585 166,836 215,276 403,497 548,917 36 % 344 %
Ordinary Capital Level 1 (COn1) 627,056 717,831 979,304 1,745,360 3,184,428 82 % 408 %
Deductible concepts Level 1 (COn1) -33,553 -41,726 -59,469 -121,538 -180,391 48 % 438 %
Capital Level 2 (COn2) 50,063 61,480 83,763 128,995 136,797 6 % 173 %
Integrated capital - RPC (i) 643,566 737,585 1,003,598 1,752,832 3,140,849 79 % 388 %
Excess capital 519,981 570,749 788,322 1,349,335 2,591,932 92 % 398 %
Risk-weighted assets - RWA (ii) 1,518,189 2,051,880 2,645,752 4,952,407 6,747,756 36 % 344 %
Regulatory Capital ratio [(i)/(ii)] 42.4 % 35.9 % 37.9 % 35.4 % 46.5 %
Ratio TIER 1 [Capital Level 1/RWA] 39.1 % 33.0 % 34.8 % 32.8 % 44.5 %

RWA - (ii): Risk Weighted Assets, considering total capital requirements.

24

BANCO MACRO 1Q24 EARNINGS RELEASE
Asset Quality .09

In 1Q24, Banco Macro's non-performing to total financing ratio (under Central Bank rules) reached a level of 1.14%, down from 1.29% in 4Q23, from the 1.41% posted in 1Q23.

Consumer portfolio non-performing loans deteriorated 12 b.p. (up to 1.47% from 1.35%) while Commercial portfolio non-performing loans improved 49 b.p. in 1Q24 (down to 0.72% from 1.2%).

The coverage ratio (measured as total allowances under Expected Credit Losses over Non Performing loans under Central Bank rules) reached 222.7% in 1Q24. Write-offs over total loans totaled 0.06%.

The Bank is committed to continue working in this area to maintain excellent asset quality standards.

ASSET QUALITY MACRO Consolidated Change
In MILLION $ (Measuring Unit Current at EOP) 1Q23 2Q23 3Q23 4Q23 1Q24 QoQ YoY
Commercial portfolio 531,924 681,922 706,309 1,372,953 1,248,032 -9 % 135 %
Non-performing 9,204 8,041 8,067 16,539 8,972 -46 % -3 %
Consumer portfolio 2,290,952 2,271,503 2,131,273 1,919,565 1,600,661 -17 % -30 %
Non-performing 30,723 32,410 31,442 25,900 23,486 -9 % -24 %
Total portfolio 2,822,876 2,953,425 2,837,582 3,292,518 2,848,693 -13 % 1 %
Non-performing 39,927 40,451 39,509 42,439 32,458 -24 % -19 %
Commercial non-perfoming ratio 1.73 % 1.18 % 1.14 % 1.20 % 0.72 %
Consumer non-perfoming ratio 1.34 % 1.43 % 1.48 % 1.35 % 1.47 %
Total non-performing/ Total portfolio 1.41 % 1.37 % 1.39 % 1.29 % 1.14 %
Total allowances 57,979 59,079 52,915 85,266 72,285 -15 % 25 %
Coverage ratio w/allowances 145.21 % 146.05 % 133.93 % 200.91 % 222.70 %
Write Offs 1,776 5,515 2,301 2,552 1,831 -28 % 3 %
Write Offs/ Total portfolio 0.06 % 0.19 % 0.08 % 0.08 % 0.06 %

Expected Credit Losses (E.C.L) (I.F.R.S.9)

The Bank records an allowance for expected credit losses for all loans and other debt financial assets not held at fair value through profit or loss, together with loan commitments and financial guarantee contracts, in this section all referred to as 'financial instruments'. Equity instruments are not subject to impairment under IFRS 9. The ECL allowance is based on the credit losses expected to arise over the life of the asset (the lifetime expected credit loss), unless there has been no significant increase in credit risk since origination, in which case, the allowance is based on the 12 months expected credit loss.(For further information please see our 2023 20-F)

25

BANCO MACRO 1Q24 EARNINGS RELEASE
1Q24 Snapshot .10

In AR$ Million. Figures of previous quarters have been restated to reflect the accumulated effect of the inflation adjustment for each period through March 31, 2024

26

BANCO MACRO 1Q24 EARNINGS RELEASE

27

BANCO MACRO 1Q24 EARNINGS RELEASE

28

BANCO MACRO 1Q24 EARNINGS RELEASE
Relevant and Recent Events .11

· Interest Payment Series F Dollar denominated Notes

On April 30th, 2024 the Bank paid semiannual interest on Series F dollar denominated notes in the amount of USD 1,321,370.

· Interest Payment Series A Subordinated Notes

On May 4th, 2024 the Bank paid semiannual interest on Series A subordinated notes in the amount of USD 13,286,000.

· Principal and Interest Payment Series E Dollar denominated Notes

On May 2nd, 2024 the Bank paid principal and interest on Class E dollar denominated notes in the amount of USD 17,060,781

· Ordinary and Special Shareholders' meeting. Dividend payment schedule

On April 12, 2024 the Shareholders' Meeting held resolved to separate a portion of the Optional Reserve Fund for Future Profit Distributions, in order to pay a cash or in kind dividend, in the latter case valued at market price, or in any combination of both options, in the amount of Ps.294,130,167,680 (amount expressed in constant currency as of 31 December 2023), which expressed in constant currency as of 29 February 2024 amounts to Ps.401,735,819,252 and represents AR$ 628.2880750164 per share, subject to prior authorization from the Banco Central de la República Argentina (BCRA). The above stated amount is subject to a 7% tax withholding under section 97 of the Income Tax Law as revised in 2019.

On May 6, 2024 the Superintendencia de Entidades Financieras y Cambiarias of the Central Bank of the Republic of Argentina informed us that it has decided to authorize Banco Macro S.A. to distribute profits for an aggregate amount of Ps.294,130,168,000, in cash or in kind, as requested by the Bank, which distribution shall be carried out in the terms provided by the standard set by Distribution of Results. Pursuant to Communication "A" 7984, such amount shall be paid in constant currency of the payment date/s, after re-expression of the relevant payable amount by applying the most recently published rate before the date on which each of the above-mentioned instalments is made available according to the payment schedule duly fixed by the Board.

On May 14, 2024 the Board of Banco Macro S.A. resolved to apply the amount of Ps.294,130,167,680 to the payment of a cash dividend in 3 equal and consecutive monthly instalments. The amount of each one of such instalments shall be paid in constant currency, using the most recently published consumer price index (CPI) as determined by Instituto Nacional de Estadísticas y Censos (INDEC) to the date each instalment is made available to the shareholders.

29

BANCO MACRO 1Q24 EARNINGS RELEASE
Year 2024
Instalment
# 		Available on (date) Amount (i)
1 May 22nd $ 98,043,389,226.67
2 June 26th $ 98,043,389,226.67
3 July 22nd $ 98,043,389,226.67

(i) The amount shall be expressed in constant currency to the date of the resolution that determines the availability of such instalments.

Each time the Board resolves to make available a dividend instalment, it shall issue the relevant notice of payment, containing the following information: i) the amount to be made available to the shareholders; ii) the amount per share; and iii) whether the dividend to be paid is subject to any kind of tax withholding.

In addition, please be advised that pursuant to Communication "A" 7997 of the Central Bank of the Republic of Argentina, in connection with the option to be granted to the non-resident shareholders to apply the funds derived from the dividends received to the acquisition of BOPREALs, the Bank shall inform such possibility at the time of issuing the relevant notice of payment of each dividend instalment.

The amount to be paid as dividend is subject to a 7% tax withholding under section 97 of the Argentine Income Tax Law as revised in 2019 and, in the case of non-resident shareholders who choose to acquire BOPREALs, an additional 17.5% tax withholding shall apply as Tax for an Inclusive and Solidarity-based Argentina (PAÍS) pursuant to Decree No. 385/2024.

Simultaneously with this notice, we published the notice of payment of the first dividend installment.

On May 6, 2024 the Special Shareholders' meeting approved the following: (i) the Preliminary Merger Agreement entered into on March 6th 2024 by and between Banco Macro S.A. and Banco BMA S.A.U., pursuant to which the company named in the first place shall absorb the second one, with retroactive effect to January 1st 2024; (ii) the special consolidated financial statements of merger of Banco Macro S.A. and Banco BMA S.A.U. as of 31 December 2023, based on the information contained in the individual financial statements of each company to the same date, as duly submitted to the Central Bank of the Republic of Argentina, the Argentine Securities Exchange Commission (Comisión Nacional de Valores) and Bolsas y Mercados S.A.; and (iii) to omit reading the above mentioned documents since they have been made available to the shareholders duly in advance and are copied on the relevant corporate books.

Pending the authorizations by the Central Bank of the Republic of Argentina and the Argentine Securities Exchange Commission, the resolutions adopted at the present Shareholders' Meeting shall be subject to the granting of such authorizations.

30

BANCO MACRO 1Q24 EARNINGS RELEASE
Regulatory Changes .12

· Floor on deposit rates

On March 11, 2024, through Communication "A" 7978 the Central Bank of Argentina decided to remove floors on deposit rates, therefore Banks can freely determine what they pay for time deposits.

· Monetary Policy Rate

·On April 25, 2024: The Central Bank of Argentina decided to cut the monetary policy rate by 10 percentage points. Repo rate was cut from 70% to 60% APR.

·On May 2, 2024. The Central Bank of Argentina decided to cut the monetary policy rate by 10 percentage points. Repo rate was cut from 60% to 50% APR.

·On May 14, 2024: The Central Bank of Argentina decided to cut the monetary policy rate by 10 percentage points. Repo rate was cut from 50% to 40% APR.

· Minimum Reserve Requirements

On May 2, 2024, The Central Bank of Argentina through Communication "A" 8000 decided to increase reserve requirements for securities guaranteed loans effective as of May 15.

·Up to 29 days: 15%

·More than 30 days: 10%

At the same time the Central Bank of Argentina decided to increase reserve requirements for Money Market funds to 15%

31

BANCO MACRO 1Q24 EARNINGS RELEASE
CER Exposure and Foreign Currency Position .13
CER EXPOSURE MACRO Consolidated Change
In MILLION $ (Measuring Unit Current at EOP) 1Q23 2Q23 3Q23 4Q23 1Q24 QoQ YoY
CER adjustable ASSETS
Government Securities 134,691 196,299 137,943 372,417 4,467,255 1100 % 3217 %
Loans (*) 204,857 206,298 188,513 188,306 202,407 7 % -1 %
Private sector loans 31,415 29,944 27,815 29,549 21,793 -26 % -31 %
Mortgage loans (UVA adjusted) 173,271 176,174 160,547 158,663 180,611 14 % 4 %
Other loans 171 180 151 94 3 -97 % -98 %
Total CER adjustable assets 339,548 402,597 326,456 560,723 4,669,662 733 % 1275 %
CER adjustable LIABILITIES
Deposits (*) 32,592 22,823 11,159 52,317 37,918 -28 % 16 %
UVA Unemployment fund 21,579 23,521 22,822 18,953 19,122 1 % -11 %
Total CER adjustable liabilities 54,171 46,344 33,981 71,270 57,040 -20 % 5 %
NET CER EXPOSURE 285,377 356,253 292,475 489,453 4,612,622 842 % 1516 %

(*) Includes Loans &Time Deposits CER adjustable (UVAs)

FOREIGN CURRENCY POSITION MACRO Consolidated Change
In MILLION $ (Measuring Unit Current at EOP) 1Q23 2Q23 3Q23 4Q23 1Q24 QoQ YoY
Cash and deposits in Banks 935,863 866,679 889,643 1,698,725 992,394 -42 % 6 %
Cash 32,532 158,906 166,824 511,973 252,960 -51 % 678 %
Central Bank of Argentina 589,073 392,900 442,144 747,594 381,503 -49 % -35 %
Other financial institutions local and abroad 314,205 314,419 280,620 439,074 357,436 -19 % 14 %
Others 53 453 55 85 493 480 % 830 %
Financial instruments at fair value through P&L 1,078,843 1,811,082 1,861,087 2,634,253 122,006 -95 % -89 %
Other financial assets 81,810 82,584 78,627 120,057 104,394 -13 % 28 %
Loans and other financing 201,808 184,983 179,199 272,891 507,160 86 % 151 %
Non financial private sector & foreign residents 201,808 184,983 179,199 272,891 507,160 86 % 151 %
Other debt securities 154,906 324,339 117,790 134,407 63,578 -53 % -59 %
Guarantees received 22,765 29,391 33,859 84,550 24,429 -71 % 7 %
Investment in equity instruments 761 562 1,036 520 374 -28 % -51 %
Total Assets 2,476,756 3,299,619 3,161,241 4,945,404 1,814,333 -63 % -27 %
Deposits 793,962 743,601 728,433 1,551,798 1,112,353 -28 % 40 %
Non financial public sector 31,275 30,615 28,428 52,057 20,913 -60 % -33 %
Financial sector 6,404 7,069 7,150 10,774 7,536 -30 % 18 %
Non financial private sector & foreign residents 756,282 705,917 692,855 1,488,966 1,083,903 -27 % 43 %
Financial liabiities at fair value through P&L 9,607 4,502 24,485 20,951 14,204 -32 % 48 %
Other liabilities from financial intermediation 80,988 83,342 90,368 130,959 146,918 12 % 81 %
Financing from the Central Bank and other fin. Inst 17,284 10,929 12,249 23,310 18,829 -19 % 9 %
Issued corporate bonds 12,747 10,246 12,675 81,650 58,645 -28 % 360 %
Subordinated corporate bonds 335,094 326,821 335,807 497,665 353,563 -29 % 6 %
Other non financial liabilities 513 2,691 2,797 6,864 4,240 -38 % 727 %
Total Liabilities 1,250,194 1,182,132 1,206,814 2,313,196 1,713,878 -26 % 37 %
NET FX POSITION (Pesos) 1,226,562 2,117,487 1,954,427 2,632,208 100,455 -96 % -92 %
EOP FX (Pesos per USD) 208.9883 256.6750 350.0083 808.4833 857.4167 6 % 310 %
NET FX POSITION (USD) 5,869 8,250 5,584 3,256 117 -96 % -98 %

32

BANCO MACRO 1Q24 EARNINGS RELEASE
QUARTERLY BALANCE SHEET MACRO Consolidated Change
In MILLION $ (Measuring Unit Current at EOP) 1Q23 2Q23 3Q23 4Q23 1Q24 QoQ YoY
ASSETS
Cash and deposits in Banks 1,154,332 1,039,322 1,040,143 1,824,171 1,149,472 -37 % 0 %
Cash 136,492 248,274 249,587 602,481 340,204 -44 % 149 %
Central Bank of Argentina 703,068 476,148 509,868 782,287 451,327 -42 % -36 %
Other local & foreign entities 314,719 314,446 280,633 439,317 357,446 -19 % 14 %
Other 53 454 55 86 495 476 % 834 %
Debt securities at fair value through profit & loss 1,113,034 1,838,452 1,879,200 2,656,588 4,332,995 63 % 289 %
Derivatives 2 828 1,787 19,928 57,581 -100 % 2878950 %
Repo Transactions 151,727 423,902 365,746 933,358 279,193 -70 % 84 %
Other financial assets 319,949 430,158 434,602 305,338 228,231 -25 % -29 %
Loans & other receivables 2,706,496 2,798,773 2,680,754 2,780,228 2,500,585 -10 % -8 %
Non Financial Public Sector 5,468 58,171 7,346 7,152 2,817 -61 % -48 %
Financial Sector 7,202 6,607 33,789 15,109 19,637 30 % 173 %
Non Financial private sector and foreign 2,693,826 2,733,995 2,639,619 2,757,967 2,478,131 -10 % -8 %
Other debt securities 3,157,220 2,627,645 1,403,986 654,693 487,432 -26 % -85 %
Financial assets in guarantee 145,445 133,831 135,253 201,494 170,195 -16 % 17 %
Income tax assets 0 0 0 1,331 1,033
Investments in equity instruments 4,161 4,439 5,521 4,873 3,318 -32 % -20 %
Investments in other companies (subsidiaries and joint ventures) 5,786 3,507 3,342 2,555 2,163 -15 % -63 %
Property, plant and equipment 482,610 482,098 483,998 540,968 542,983 0 % 13 %
Intangible assets 84,588 84,626 83,124 113,975 110,471 -3 % 31 %
Deferred income tax assets 345 486 849 1,509 1,263 -16 % 266 %
Other non financial assets 59,179 56,913 61,236 83,062 67,602 -19 % 14 %
Non-current assets held for sale 40,844 40,844 39,211 63,513 63,549 0 % 56 %
TOTAL ASSETS 9,425,718 9,965,824 8,618,752 10,187,584 9,998,066 -2 % 6 %
LIABILITIES
Deposits 5,679,715 5,962,434 4,669,667 5,110,023 5,035,761 -1 % -11 %
Non Financial Public Sector 430,767 415,060 413,026 283,686 517,846 83 % 20 %
Financial Sector 7,412 9,214 8,024 30,606 13,371 -56 % 80 %
Non Financial private sector and foreign 5,241,536 5,538,160 4,248,617 4,795,731 4,504,544 -6 % -14 %
Liabilities at fair value through profit & loss 9,607 4,502 24,485 20,962 19,867 -5 % 107 %
Derivatives 389 35 92 4,303 5,950 38 % 1430 %
Repo Transactions 17,402 22,840 90,167 35,785 20,857 - -86 %
Other financial liabilities 593,468 737,331 746,104 567,812 474,250 -16 % -20 %
Financing received from Central Bank and Other Financial Institutions 17,482 12,349 12,799 30,020 19,743 -34 % 13 %
Issued Corporate Bonds 12,747 10,246 12,675 89,251 67,179 -25 % 427 %
Current income tax liabilities 44,155 71,109 58,187 324,295 319,764 -1 % 624 %
Subordinated corporate bonds 335,094 326,821 335,807 497,665 353,563 -29 % 6 %
Provisions 12,280 11,374 9,157 13,257 11,757 -11 % -4 %
Deferred income tax liabilities 64,198 61,947 58,658 69,354 59,921 -14 % -7 %
Other non financial liabilities 184,677 416,827 258,780 324,751 249,079 -23 % 35 %
TOTAL LIABILITIES 6,971,214 7,637,815 6,276,578 7,087,478 6,637,691 -6 % -5 %
SHAREHOLDERS' EQUITY
Capital Stock 639 639 639 639 639 0 % 0 %
Issued Shares premium 12,430 12,430 12,430 12,430 12,430 0 % 0 %
Adjustment to Shareholders' Equity 866,849 866,849 866,849 866,849 866,849 0 % 0 %
Reserves 1,335,485 1,267,024 1,267,024 1,267,024 1,267,024 0 % -5 %
Retained earnings 203,857 925 925 925 891,406 96268 % 337 %
Other accumulated comprehensive income -3,077 3,668 375 61,051 46,345 -24 % -
Net income for the period / fiscal year 37,869 176,152 193,548 890,482 275,420 -69 % 627 %
Shareholders' Equity attributable to parent company 2,454,052 2,327,687 2,341,790 3,099,400 3,360,113 8 % 37 %
Shareholders' Equity attributable to non controlling interest 452 322 384 706 262 -63 % -42 %
TOTAL SHAREHOLDERS' EQUITY 2,454,504 2,328,009 2,342,174 3,100,106 3,360,375 8 % 37 %

33

BANCO MACRO 1Q24 EARNINGS RELEASE
INCOME STATEMENT MACRO Consolidated Change
In MILLION $ (Measuring Unit Current at EOP) 1Q23 2Q23 3Q23 4Q23 1Q24 QoQ YoY
Interest Income 886,738 962,370 997,374 869,236 714,764 -18 % -19 %
Interest Expense 507,937 624,131 735,456 590,720 547,249 -7 % 8 %
Net Interest Income 378,801 338,239 261,918 278,516 167,515 -40 % -56 %
Fee income 94,223 91,480 91,645 95,206 84,191 -12 % -11 %
Fee expense 8,768 8,945 9,157 10,950 10,130 -7 % 16 %
Net Fee Income 85,455 82,535 82,488 84,256 74,061 -12 % -13 %
Subtotal (Net Interest Income + Net Fee Income) 464,256 420,774 344,406 362,772 241,576 -33 % -48 %
Net Income from financial instruments at Fair Value Through Profit & Loss 35,664 162,583 -84,503 1,357,364 1,272,438 - 3468 %
Result from assets at amortised cost - - 319 200 21 - -
Difference in quoted prices of gold and foreign currency 142,244 237,601 553,341 277,087 80,592 -71 % -43 %
Other operating income 22,170 23,975 26,223 38,150 44,350 16 % 100 %
Provision for loan losses 13,492 17,296 11,305 27,569 18,857 -32 % 40 %
Net Operating Income 650,842 827,637 828,481 2,008,004 1,620,120 -19 % 149 %
Personnel expenses 91,026 96,158 100,219 134,878 133,392 -1 % 47 %
Administrative expenses 45,189 53,873 53,635 96,306 68,910 -28 % 52 %
Depreciation and impairment of assets 18,981 19,364 19,185 30,560 24,284 -21 % 28 %
Other operating expenses 92,454 115,885 109,226 169,603 139,584 -18 % 51 %
Operating Income 403,192 542,357 546,216 1,576,657 1,253,950 -20 % 211 %
Income from associates and joint ventures -851 -597 -165 237,238 -214 - -
Result from net monetary position -342,825 -342,898 -501,839 -797,250 -888,994 - -
Net Income before income tax on cont. operations 59,516 198,862 44,212 1,016,645 364,742 -64 % 513 %
Income tax on continuing operations 21,595 60,483 26,754 319,390 89,507 -72 % 314 %
Net Income from continuing operations 37,921 138,379 17,458 697,255 275,235 -61 % 626 %
Net Income for the period 37,921 138,379 17,458 697,255 275,235 -61 % 626 %
Net Income of the period attributable to parent company 37,869 138,284 17,396 696,933 275,419 -60 % 627 %
Net income of the period attributable to non-controlling interests 52 95 62 322 -184 - -
Other Comprehensive Income -3,224 6,744 -3,294 60,678 -14,706 - -
Foreign currency translation differences in financial statements conversion -822 -192 298 15,513 -14,063 - -
Profits or losses from financial assets measured at fair value through other comprehensive income (FVOCI) (IFRS 9(4.1.2)(a) -2,402 6,936 -3,592 45,165 -643 - -
TOTAL COMPREHENSIVE INCOME FOR THE PERIOD 34,697 145,123 14,164 757,933 260,529 -66 % 651 %
Total Comprehensive Income attributable to parent Company 34,645 145,028 14,102 757,611 260,713 -66 % 653 %
Total Comprehensive Income attributable to non-controlling interests 52 95 62 322 -184 - -

34

BANCO MACRO 1Q24 EARNINGS RELEASE
QUARTERLY ANNUALIZED RATIOS MACRO Consolidated
1Q23 2Q23 3Q23 4Q23 1Q24
Profitability & performance
Net interest margin 33.6 % 38.3 % 58.7 % 52.1 % 26.0 %
Net interest margin adjusted (exc. FX) 24.4 % 22.5 % 18.8 % 26.1 % 17.6 %
Net fee income ratio 8.4 % 5.2 % 5.5 % 0.7 % 1.5 %
Efficiency ratio 25.5 % 21.7 % 22.4 % 13.6 % 14.7 %
Net fee income as % of A&G Expenses 32.9 % 23.9 % 24.6 % 5.4 % 10.6 %
Return on average assets 1.7 % 6.1 % 0.8 % 32.1 % 11.9 %
Return on average equity 6.5 % 24.8 % 3.0 % 106.3 % 37.4 %
Liquidity
Loans as a percentage of total deposits 47.7 % 46.9 % 57.4 % 54.4 % 49.7 %
Liquid assets as a percentage of total deposits 97.0 % 95.0 % 99.0 % 118.0 % 124.0 %
Capital
Total equity as a percentage of total assets 26.0 % 23.4 % 27.2 % 30.4 % 33.6 %
Regulatory capital as % of APR 42.4 % 36.0 % 37.9 % 35.4 % 46.6 %
Asset Quality
Allowances over total loans 2.1 % 2.1 % 2.0 % 3.1 % 2.9 %
Non-performing financing as a percentage of total financing 1.4 % 1.4 % 1.4 % 1.3 % 1.1 %
Coverage ratio w/allowances 145.2 % 146.1 % 133.9 % 200.9 % 222.7 %
Cost of Risk 2.1 % 2.7 % 1.7 % 3.9 % 3.3 %
ACCUMULATED ANNUALIZED RATIOS MACRO Consolidated
1Q23 2Q23 3Q23 4Q23 1Q24
Profitability & performance
Net interest margin 33.6 % 35.9 % 43.0 % 44.8 % 26.0 %
Net interest margin adjusted (exc. FX) 24.4 % 23.5 % 22.0 % 22.8 % 17.6 %
Net fee income ratio 8.4 % 6.6 % 6.2 % 3.6 % 1.5 %
Efficiency ratio 25.5 % 23.4 % 23.0 % 18.6 % 14.7 %
Net fee income as % of A&G Expenses 32.9 % 28.2 % 26.9 % 19.5 % 10.6 %
Return on average assets 1.7 % 3.9 % 2.8 % 9.9 % 11.9 %
Return on average equity 6.5 % 15.5 % 11.3 % 37.5 % 37.4 %
Liquidity
Loans as a percentage of total deposits 47.7 % 46.9 % 57.4 % 54.4 % 49.7 %
Liquid assets as a percentage of total deposits 97.0 % 95.0 % 99.0 % 118.0 % 124.0 %
Capital
Total equity as a percentage of total assets 26.0 % 23.4 % 27.2 % 30.4 % 33.6 %
Regulatory capital as % of APR 42.4 % 36.0 % 37.9 % 35.4 % 46.6 %
Asset Quality
Allowances over total loans 2.1 % 2.1 % 2.0 % 3.1 % 2.9 %
Non-performing financing as a percentage of total financing 1.4 % 1.4 % 1.4 % 1.3 % 1.1 %
Coverage ratio w/allowances 145.2 % 146.1 % 133.9 % 200.9 % 222.7 %
Cost of Risk 2.1 % 2.4 % 2.1 % 2.6 % 3.3 %

35

SIGNATURE

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, thereto duly authorized.

Date: May 22, 2024

MACRO BANK INC.
By: /s/ Jorge Francisco Scarinci
Name: Jorge Francisco Scarinci
Title: Chief Financial Officer

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Banco Macro SA published this content on 23 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 May 2024 10:12:24 UTC.