(1) The Expropriation Law provided for the expropriation of 51% of the share capital of YPF
represented by an identical stake of Class D shares owned, directly or indirectly, by Repsol YPF and
its controlled or controlling entities. See our 20-F report for the Fiscal Year ended December 31,
2022 “Item 4. Information on the Company—History and development of YPF S.A.”.
(2) According to data provided by The Bank of New York Mellon, as of March 20, 2023, there were
146,775,011 ADSs outstanding and 47 holders of record of ADSs. Such ADSs represented approximately 37%
of the total number of issued and outstanding Class D shares as of such date.
(3) Reflects the ownership of 3,764 Class A shares by the Argentine Republic.
(4) Reflects the ownership of 7,624 Class B shares by provincial governments.
(5) Reflects the ownership of 40,422 Class C shares.