Until September 30 of 2016, the Entity paid ARS 1,715.2 million of cash dividends.

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EARNINGS RELEASE Buenos Aires, Argentina, February 15, 2017 Banco Patagonia S.A. (BCBA: BPAT; BOVESPA: BPAT33) reports on the consolidated income of 4th quarter () for financial year 2016.

3 million and in consolidated form with Assets of ARS 72,117.0 million, Loans of ARS 43,428.2 million and Deposits of ARS 52,219.6 million. The net result of the quarter was of ARS 852.

1 EARNINGS RELEASE Buenos Aires, Argentina, February 15, 2017 Banco Patagonia S.A. (BCBA: BPAT; BOVESPA: BPAT33) reports on the consolidated income of 4th quarter () for financial year OUTSTANDING DATA Banco Patagonia ended 2016 with Assets of ARS 69,533.5 million, Loans (net of forecasts) of ARS 40,430.7 million, Deposits of ARS 51,788.4 million, and Net Worth of ARS 9,235.3 million and in consolidated form with Assets of ARS 72,117.0 million, Loans of ARS 43,428.2 million and Deposits of ARS 52,219.6 million. The net result of the quarter was of ARS million, an increase of 1.3 compared to (ARS million) and 15.8 compared to (ARS million) determining a ROE of 38.3 (return on equity) and a ROA of 5.1 (return on assets). Loans granted to non-financial private sector in consolidated form amounted to ARS 42,857.5 million, an increase of 11.0 and 30.5 compared to (ARS 38,613.5 million) and (ARS 32,848.2 million), respectively. Total consolidated deposits amounted to ARS 52,219.6 million, an increase of 14.3 compared to (ARS 45,674.8 million) and an increase of 24.2 compared to (ARS 42,051.2 million). With reference to portfolio quality indicators, the index of irregular portfolio was of 1.0, and the coverage of irregular portfolio with expectations was Consolidated liquidity ratio (net assets over total deposits) was of Likewise, the integration of the consolidated minimum capital exceeds in ARS 3,735.4 million the exigency of the BCRA rules. Until September 30 of 2016, the Entity paid ARS 1,715.2 million of cash dividends. On December 31 of 2016, the Entity has a staff of 3,434 employees and a network comprising 200 service points at the national level, distributed in capitals and major cities in each Province. Page 1

FINANCIAL REPORTING For the purposes of drafting this Report, Banco Patagonia S.A. has consolidated line by line its balance sheet and profit and loss statement with the financial statements of its subsidiaries: Patagonia Valores S.

Intermediation Spread Uncollectibility Charge Net Fee Income Administrative Expenses Net Operating Income Miscellaneous Profits Income before Income Tax Income Tax Net Profit (Loss) of the Quarter

6 Change () as of (4.6) 10.0 10.1 15.5 (17.4) 94.6 (12.8) (37.7) 14.1 111.2 42.7 35.7 0.5 419.5 8.4 (8.4) 1.3 15.8 The net result of the was of ARS 852.1 million, an increase of 1.3 (ARS 10.

a) Earnings per Share Earnings per Share Net Income for the Quarter Quarterly Average Number of Outstanding Shares Quarterly Average Number of Treasury Shares Shares Issued at quarter-end Earnings

2 FINANCIAL REPORTING For the purposes of drafting this Report, Banco Patagonia S.A. has consolidated line by line its balance sheet and profit and loss statement with the financial statements of its subsidiaries: Patagonia Valores S.A., Patagonia Inversora S.A. Sociedad Gerente de Fondos Comunes de Inversión, Banco Patagonia (Uruguay) S.A.I.F.E. and GPAT Compañía Financiera S.A. GAINS (LOSSES) Summarized Statement of Income Intermediation Spread Uncollectibility Charge Net Fee Income Administrative Expenses Net Operating Income Miscellaneous Profits Income before Income Tax Income Tax Net Profit (Loss) of the Quarter 1, , ,612.8 (149.1) (135.6) (70.6) (1,379.4) (1,194.6) (1,016.8) 1, , , , ,060.5 (297.7) (477.8) (324.9) Change () as of (4.6) (17.4) 94.6 (12.8) (37.7) (8.4) The net result of the was of ARS million, an increase of 1.3 (ARS 10.9 million) compared to (ARS million) and 15.8 (ARS million) compared to (ARS million). a) Earnings per Share Earnings per Share Net Income for the Quarter Quarterly Average Number of Outstanding Shares Quarterly Average Number of Treasury Shares Shares Issued at quarter-end Earnings per Share Amounts in pesos Earnings per BDR (*) Amounts in pesos Book value per share Amounts in pesos Change () as of () (*) Each BDR is equivalent to 20 common shares. Page 2

3 b) Net Financial Income Gross Intermediation Spread Financial Income Financial Expenses Total 3, , ,113.1 (1,481.1) (1,578.6) (1,500.3) 1, , ,612.8 Change () as of (5.3) (6.2) 6.7 (1.3) (4.6) 14.1 Gross Intermediation Margin to amounted to ARS 1,839.5 million, decreased by 4.6 (ARS 89.0 million) compared to (ARS million) and an increase of 14.1 (ARS million) compared to (ARS 1,612.8 million), according to the following scheme: Financial Income Interest on loans to the financial sector Interest on overdrafts Interest on documentary credits Interest on auto loans Interest on credit card loans Interest on personal loans Interest on other loans Interest on financial leasing Net income from government and private securities Exchange difference Other Total , , ,113.1 Change () as of (6.6) (20.3) (4.2) (1.8) (20.7) 5.7 (73.2) 40.3 (3.2) (3.7) (1.6) (89.2) (5.3) 6.7 Financial income to amounted to ARS 3,320.6 million, decreased by 5.3 (ARS million) compared to (ARS 3,507.1 million) and an increase of 6.7 (ARS million) compared to (ARS 3,113.1 million). On, the interests of loans granted to the non-financial private sector totaled ARS 2,438.3 million, an increase of 1.5 (37.1 million) compared to (ARS 2,401.2 million). Despite the average rate to fall during the last quarter of the past year, of TNA 25.8 on September of 2016 to TNA 22.5 on December of 2016, the result was offset for increase of 11.0 of the portfolio mentioned which amounted to ARS 42,857.5 million on the, compared with ARS 38,613.5 million on. In this regard, the interest that had accrued by the consumer portfolio stand out, in special, personal loans, credit cards and mortgage loans which increased by 25.4 (ARS 92.1 million), 14.5 (ARS 47.1 million) and 12.4 (ARS 22.6 million). The highest yield of the consumer portfolio partially offset by a decrease of 20.3 (ARS million) in interest yielded by the advances. As a final point, the result of the portfolio of private and government securities amounted to ARS million decreased by 20.7 (ARS million) compared to (ARS million), mostly due to a decrease in the gains of the instruments issued by BCRA, as a consequence of the current policy of rate reductions of the BCRA. Page 3

4 Financial Expenses Interest on term deposits Other interest Interest on other liabilities for financial intermediation Contribution to the deposit guarantee fund Other Total 1, , , Change () as of (13.2) (15.9) (11.8) (58.1) (67.4) , , ,500.3 (6.2) (1.3) The financial disbursements on amounted to ARS 1,481.1 million, a decrease of 6.2 (ARS 97.5 million) compared to (ARS 1,578.6 million) and 1.3 (ARS 19.2 million) compared to. On, the accrued interest of the time deposits portfolio declined 13.2 (ARS million). Despite the time deposits portfolio totaled ARS 22,977.5 million on December 31 of 2016, an increase of 13.8 (ARS 2,792.7 million) compared to previous quarter (ARS 20,184.8 million), a reduction in accrued interest after reduction in the passive interest rate that on December 2016 was, on average, of TNA 19.2 compared with TNA 22.7 on September c) Net Fee Income Net Fee Income Deposits Credit and Debit Cards Related to Loans Safe-deposit boxes Foreign Trade Capital and Securities Market Other Change () as of (1.4) (2.6) Fee income 1, Fee expense (323.7) (302.7) (245.4) Total The net revenue on services of the amounted to ARS million, an increase of 10.1 (ARS 67.6 million) compared to (ARS million) and 42.7 (ARS million) compared to (ARS million). With regard to revenue on services, amounted to ARS 1,058.6 million on, an increase of 9.1 (ARS 88.6 million) compared to (ARS million), mainly due to increase of the commissions related with credits 16.6 (ARS 30.6 million), the ones related with deposits in 9.7 (ARS 30,6 million), and the ones related with credit and debit cards in 5.1 (ARS 15.9 million). On its part, the service charge expenses of the quarter amounted to ARS million, an increase of 6.9 (ARS 21.0 million) compared to (ARS million) and 31.9 (ARS 78.3 million) compared to (ARS million). Page 4

5 d) Administrative Expenses Administrative Expenses Payroll expenses Fees Advertising and publicity Taxes Other operating expenses Other Total , , ,016.8 Change () as of (20.0) (22.2) Administrative expenses do amounted to ARS 1,379.4 million, an increase of 15.5 (ARS million) compared to (ARS 1,194.6 million) and 35.7 (ARS million) compared to (ARS 1,016.8 million). The main variations compared to previous quarter are related with the increase on consulting fees (ARS 50.4 million), in the payroll expenses (ARS 44.8 million) and other operating expenses (ARS 42.2 million). On December 31 of 2016, el ratio of coverage of administrative expenses with net income from services ascended to 51.9 and the ratio of efficiency, measured as the quotient between administrative expenses and the total net income amounted Page 5

6 RELEVANT FINANCIAL INFORMATION a) Loan Portfolio Loans To the Non-Financial Public Sector To the Financial Sector To the Non-Financial Private Sector Overdrafts Documentary credits Auto loans Consumer loans Credit cards Other (Provisions) Total , , , , , , , , , , , , , , , , , , , , , , , ,643.4 (1,360.5) (1,296.6) (1,239.8) 43, , ,135.8 Change () as of (21.1) (33.5) (23.9) On December 31 of 2016, the portfolio of loans granted to the non-financial private sector totaled ARS 42,857.5 million, an increase of 11.0 (ARS 4,244.0 million) compared to (ARS 38,613.5 million) and 30.5 (ARS 10,009.3 million) compared to (ARS 32,848.2 million). Among the loans for consumption purposes, the lines of greatest growing were the personal loans with 18.2 (ARS million), the loans with credit cards with 13.8 (ARS million) and the mortgage loans granted by GPAT Compañía Financiera S.A with 24.6 (ARS million) With regard to commercial loans, highlights the increase of 20,7 (ARS 2.742,4 million) in the line of documents. In contrast, the advance line has a reduction of 33.5 (ARS 2,580.0). Compared to segment Others, has an increase of 47.4 (ARS 1,952.5 million), primarily due to the increase of the loans related with foreign trade operations. It is worth mentioning regarding the Line of credit facilities for production and financial inclusion oriented to the financing of investment projects with specific purposes, both for small and mediumsized enterprises and larges companies, Banco Patagonia S.A had achieved the objectives of placement established by Argentine Central Bank since the creation of the above mentioned line. Page 6

7 b) Exposure to the Public Sector Exposure to the Public Sector Government Securities (*) Loans to the Public Sector Exposure to the Public Sector Share on Total Assets 3, , , Change () as of 17.5 (21.1) , , , (3.8) (*) Includes "Equity Interest plus Loans and Spot Purchases to be Settled and Forward Purchases less Deposits and "Spot Sales to be settled and Forward Sales. On December 31 of 2016, the exposure in assets by public sector amounted to ARS 3,607.2 million, an increase of 9.8 (ARS 335,0 million) compared to (ARS 3,272.2 million) and 11.9 (ARS million) compared to (ARS 3,223.8 million). The share of public-sector assets over total assets in the is of 5.0. c) Deposits Deposits Banco Patagonia Consolidado Variación al: Non-Financial Public Sector 3, , ,791.7 (7.3) 18.1 Checking Accounts Time deposits 1, , , , , ,456.3 (16.5) (42.3) (81.1) To the Non-Financial Private Sector Checking Accounts Savings accounts Time deposits Other 48, , , , , , , , , , , , , , , (11.0) Total 52, , , Financial Sector On, total deposits amounted to ARS 52,219.6 million an increase of 14.3 (ARS 6,544.8 million) compared to (ARS 45,674.8 million) and 24.2 (ARS 10,168.4 million) compared to (ARS 42,051.2 million). The deposits of the private non-financial sector totaled ARS 48,916.2 million, an increase of 16.2 (ARS 6,810.2 million) compared to (ARS 42,106.0 million) and 24.7 (ARS 9,688.4 million) compared to (ARS 39,227.8 million). In quarter-on-quarter terms, the highlight is the increase of the deposits in savings account with a fluctuation of 26.0 (ARS 3,771.7 million), and in time deposits by 14.6 (ARS 2,725.8 million). Total deposits in the closing of the represent 83.1 of the total liabilities. Time deposits represent 44.0 of total deposits. Page 7

8 d) Other Funding Sources Other Funding Sources Central Bank of the Republic of Argentina (BCRA) Banks and international organizations Unsubordinated corporate bonds Total , , , , , , , ,209.0 Change () as of (10.1) (39.3) (21.7) (1.2) 3,408.9 With reference to Other sources of funding used by the Entity, in totaled ARS 3,369.3 million, an increase of 5.0 (ARS million) compared to (ARS 3,209.0 million) and decreased by 1.2 (ARS 39.6 million) compared to (ARS 3,408.9 million). e) Liquidity Liquid Assets Cash and Cash Equivalents Lebacs Other Government and Corporate Securities 10, , , , , , , , ,040.6 Change () as of Liquid Assets 23, , , Deposits 52, , , Liquid Assets on Total Deposits Banco Patagonia has consolidated in net assets totaling ARS 23,638.1 million, an increase of 20.2 (ARS 3,977.4 million) compared to (ARS 19,660.7 million) and 7.4 (ARS 1,620.4 million) compared to 3T15 (ARS 22,017.7 million). In the closing of the, the ratio between net assets and total deposits was Page 8 4T15 1Q15

9 f) Portfolio Quality Financing Portfolio Total financing Private sector financing Non-performing portfolio Provisions Non-performing portfolio as a of total financing Provisions as a of non-performing financing portfolio Change () as of 49, , , , , , , , , (6.5) (16.7) (1.1) (4.2) On December 31 of 2016, the non-performing portfolio index over total financing was 1.0, and coverage with provisions on the non-performing loan portfolio was Variation of indexes related to the portfolio is monitored on a permanent basis by the Bank s Management in order to take the corresponding steps in each scenario. g) Capitalization Minimum Capital Requirement (A) 5, , , Credit Risk. Market risk - Securities Market risk - Currencies Operational Risk Bad Debts Composition (B) Common Capital - Level 1 Deductible items COn1 Common Capital - Level 2 4, , , , , , , , , , , Difference (B) - (A) 3, , , Capitalization Risk-weighted assets - APR (D) Change () as of 66, , , TIER 1 ratio (C) / (D) Capitalization ratio (B) / (D) On December 31 of 2016, the Entity shows a surplus of consolidated minimum capital of ARS 3,735.4 million with the requested by Argentine Central Bank, an increase of 10.2 (ARS million) compared to (ARS 3,390.5 million), and an increase of 11.1 (ARS million) compared to (ARS 3,363.0 million). Finally, the capitalization ratio was 13.8 and the TIER1 ratio reached Page 9

10 MAIN INDICATORS As of December 31: Profitability Indexes Return on average assets (1) Return on average shareholders' equity (2) Indexes on Financial Margin and by Service Total financial margin (net financial income / Average Assets) Margin on net services (net fee income / Average Assets) Total margin (net total income. average assets) (3) Net fee income on net total income (3) Shareholders' Equity Indexes Shareholders' equity on total assets Financial standing (shareholders' equity on total liabilities) Total liabilities as a multiple of shareholders' equity RPC on risk-weighted assets (4) Portfolio Quality Ratio Administrative expenses on total net income (3) Net fee income on administrative expenses Liquidity Ratios Liquid Assets on deposits (6) Loans (net of provisions) on assets Deposits on liabilities Loans on deposits Fixed assets (7) Non-performing portfolio on financing (before provisions) (5) Provisions on non-performing financing portfolio (5) Efficiency Index (1) defined as the quotient between income for the year / annualized period and average assets calculated according to monthly balances. (2) defined as the quotient between income for the year / annualized period and average shareholders' equity calculated according to monthly balances. (3) total net income defined as the sum total of financial income and net fee income. (4) RPC means accountable corporate liability. (5) non-performing portfolio is defined as loans classified as and 6 condition. (6) defined as the quotient between the sum total of cash and cash equivalents and government and corporate securities and total deposits. (7) defined as the quotient between the sum total of fixed, sundry and intangible assets and shareholders' equity. Page 10

11 SUMMARIZED ACCOUNTING INFORMATION a) Consolidated Financial Structure Banco Patagonia Consolidated Cash and Cash Equivalents Government and Corporate Securities Loans To the Non-Financial Public Sector Financial Sector To the Non-Financial Private Sector (Provisions) 2015 Statement of Financial Position As of December 31: , , , , , , , , , , , , , , , , , , , , , , (1,360.5) (1.9) (1,239.8) (2.0) (1,144.1) (2.7) (967.0) (3.1) (507.1) (1.8) Other Receivables from Financial Intermediation 1, , , , , Receivables for Financial Leasing 1, , , Other Assets 1, , , , , , ,105.3 ASSETS Banco Patagonia Consolidated Deposits Non-Financial Public Sector Financial Sector Non-Financial Private Sector Statement of Financial Position As of December 31: , , , , , , , , , , , , , , , Other liabilities for financial intermediation 8, , , , , Other Liabilities 2, , , , , , , , , , , , , , , , , , ,105.3 LIABILITIES SHAREHOLDERS' EQUIT, Total Liabilities + Shareholders' Equity Page 11

12 b) Comparative Consolidated Profit and Loss Structure Banco Patagonia Consolidated 4Q14 4Q13 Financial Income Financial Expenses Gross Interest Income Uncollectible Charge Net Fee Income Administrative Expenses Net Operative Income Miscellaneous Income Loss 3, , , , , , , , , , , , (5.0) (0.2) 1, , (5.5) (0.3) Income before Income Tax 1, , Income Tax Net Income for the Quarter Statement of Income 4Q12 c) Consolidated Foreign Currency Position Foreign Currency Position As of December 31: Cash and Cash Equivalents Government and Corporate Securities Loans Other Receivables from Financial Intermediation Receivables for Financial Leasing Other Assets , , , , , , , , , , , ASSETS 15, , , , ,331.0 Deposits 11, , , , , , , , , , , , ,145.8 Foreign Currency Position in Pesos 1, , , , ,185.2 Benchmark Exchange Rate Other liabilities for financial intermediation Other Liabilities LIABILITIES Foreign Currency Position in US Dollars Page 12

13 d) Comparative Individual Financial Structure Banco Patagonia Standalone Cash and Cash Equivalents Government and Corporate Securities Loans To the Non-Financial Public Sector Financial Sector Non-Financial Private Sector (Provisions) Statement of Financial Position As of December 31: , , , , , , , , , , , , , , , , ,013.6 (1,280.7) (1.8) 1, ,776.3 (1,205.7) (2.0) ,171.0 (1,110.9) (2.7) ,086.3 (935.4) (3.1) ,634.2 (487.3) (2.0) Other Receivables from Financial Intermediation 1, , , , , Receivables for Financial Leasing 1, , , Other Assets 3, , , , , , , , ,560.0 ASSETS Banco Patagonia Standalone Deposits Non-Financial Public Sector Financial Sector Non-Financial Private Sector Statement of Financial Position As of December 31: , , , , , , , , , , , , , , , Other liabilities for financial intermediation 6, , , , , Other Liabilities 1, , , , , , , , , , , , , , , , , , ,560.0 LIABILITIES SHAREHOLDERS' EQUIT. Total Liabilities + Shareholders' Equity. Page 13

14 e) Comparative Individual Income and Loss Structure Banco Patagonia Standalone Statement of Income 4Q14 4Q13 Financial Income Financial Expenses Gross Interest Income Uncollectible Charge Net Fee Income Administrative Expenses Net Operative Income Miscellaneous Income. Loss 3, , , , , , , , , , Income before Income Tax 1, , Income Tax Net Income for the Quarter Q12 Page 14

15 NOTE This report might include forward-looking statements. If included, these statements are mainly based on the current opinions, expectations and projections by the Bank and its management about future events and operating and financial trends that will affect the Bank's business. There are many important factors that could cause the Bank's actual results to differ substantially from those results anticipated in our forward-looking statements, such as, but not limited to: inflation; changes in interest rates and the costs of deposits; Argentine government regulations affecting the Bank's operations; adverse judicial or administrative decisions; general credit risks. such as increases in defaults by borrowers; unexpected increases in financing or other costs; fluctuation or depreciation of the value of the Argentine public debt held in treasury by the Bank; competition in the banking or financial market or in other related Argentine markets; withdrawal of deposits by Bank's clients; deterioration in the regional, national and international business and economic conditions; and fluctuations in the Argentine peso exchange rate. The words ''it is considered'', ''might, ''would'', ''estimate'', ''continue'', ''anticipate'', ''intend'', ''expect'', ''forecast'' and similar terms are intended to identify forward-looking statements. Such statements include information concerning results of operations, business strategies, financing plans, competitive position, industry environment, potential growth opportunities, effects of future regulations and effects of competition that possibly or supposedly may happen in the future. These statements are valid only as of the date they were made, and the Bank assumes no obligation to publicly update or to revise any of the forward-looking statements after the distribution of this report as a result of new information, future events or other factors. These expectations and projections are subject to material risks and uncertainties and may not be accurate or may change significantly. In light of these risks and uncertainties, the future events and circumstances discussed in this report are not to be taken as guarantees of future performance. This report is a summary analysis of the results of Banco Patagonia and its subsidiaries. For a proper interpretation, this report must be read in conjunction with any other material periodically filed with the Comisión Nacional de Valores ( Comissão de Valores Mobiliários ( Bolsa de Comercio de Buenos Aires ( and Bolsa de Valores de São Paulo ( In addition, the Argentine Central Bank ( may publish information related to Banco Patagonia as of a date subsequent to the last date for which the Bank has published information. Page 15

16 CONFERENCE CALL Banco Patagonia S.A. will hold a conference call to discuss the profit, loss corresponding to on February 16, 2017 at 01:00 p.m. (Buenos Aires Time) a.m. (US Eastern Time). To participate, please dial: Participant Dial in (Toll Free): Participant International Dial In: Participant International Dial In (Toll Free): Code: INVESTOR RELATIONS Banco Patagonia S.A. Adrián Sánchez Seoane Investor Relations Phone:(5411) Fax: (5411) investors@bancopatagonia.com.ar website: Page 16

Loans granted to non-financial private sector amounted to ARS 66,058.2 million, an increase of 11.7% compared with 1Q18 (ARS ,0 million).

Loans granted to non-financial private sector amounted to ARS 66,058.2 million, an increase of 11.7% compared with 1Q18 (ARS ,0 million). EARNINGS RELEASE Buenos Aires, Argentina, August 23, 2018 Banco Patagonia S.A. (BCBA: BPAT; B3: BPAT33) reports on the consolidated income of 2nd quarter () for financial year 2018. OUTSTANDING DATA The