GGAL · Grupo Financiero Galicia S.A.

This dividend declaration represents a material capital return event for Grupo Financiero Galicia S.A. shareholders, reflecting the company’s current earnings retention policy and regulatory compliance posture in Argentina. The per-share amount — stated with extraordinary precision to eleven decimal places — indicates formal alignment with statutory capital stock calculations, specifically referencing that the total dividend of Ps. 150,000,228,000 corresponds to 9,338.5139% of the Company’s capital stock, based on a face value of Ps. 1.00 per share. The tight three-day window between record date (May 5) and payment date (May 8) reflects standard Argentine settlement practices but compresses the timeframe for ADR holders to receive converted foreign currency payments through The Bank of New York Mellon. Critically, the filing discloses two layers of statutory deductions: first, reimbursement of Personal Asset Tax already borne by the Company under Law 25,585, and second, a mandatory 7% withholding tax under the Argentine Income Tax Law. These deductions are not discretionary or negotiable; they are prescribed by law and directly reduce the net cash received by shareholders. For ADR holders, the timing and net amount depend on foreign exchange conversion rules and jurisdiction-specific listing requirements — introducing execution risk absent in domestic peso payments. The absence of forward-looking statements, earnings context, or strategic rationale in Exhibit 99.1 confirms this is a standalone capital allocation decision, not tied to revised guidance or operational performance disclosures.