The complete terms and conditions of the Tender Offer are described in the Offer to Purchase, copies of
which may be obtained from D.F. King & Co., the information and tender agent for the Tender Offer (the Information and Tender Agent) by telephone at +1 (212) 269-5550 (Banks and
Brokers) and +1 (888) 541-9895 (toll-free), in writing at 48 Wall Street, 22nd Floor, New York, New York, 10005, or are available for download via the website www.dfking.com/ypf.
YPF has engaged BBVA Securities Inc., Deutsche Bank Securities Inc., Itau BBA USA Securities, Inc., Latin Securities S.A., Agente de Valores, and Santander US
Capital Markets LLC to act as the dealer managers (the Dealer Managers) and Banco CMF S.A., Banco de Galicia y Buenos Aires S.A.U., Banco Santander Argentina S.A., Balanz Capital Valores S.A.U., Macro Securities S.A.U. and Latin
Securities S.A. as local dealer managers (the Local Dealer Managers) in connection with the Tender Offer. Questions regarding the terms of the Tender Offer may be directed to BBVA Securities Inc. by telephone at
+1 (800) 422 8692 (U.S. toll free) or +1 (212) 728 2446 (collect), Deutsche Bank Securities Inc. by telephone at +1 (866) 627-0391 (U.S. toll free) or +1 (212) 250-2955 (collect), Itau BBA USA Securities, Inc. by telephone at +1 (888) 770-4828 (U.S. toll free) or
+1 (212) 710-6749 (collect), Latin Securities S.A., Agente de Valores by telephone at +59 (82) 518-2033 (collect) and Santander US Capital Markets
LLC by telephone at +1 (855) 404 3636 (U.S. toll free) or +1 (212) 940 1442 (collect).
None of YPF, the Dealer Managers,
the Local Dealer Managers, the Information and Tender Agent or the trustee for the Securities, or any of their respective affiliates, is making any recommendation as to whether Holders should or should not tender any Securities in response to the
Tender Offer or expressing any opinion as to whether the terms of the Tender Offer are fair to any holder. Holders must make their own decision as to whether to tender any of their Securities and, if so, the principal amount of Securities to tender.
Please refer to the Offer to Purchase for a description of the offer terms, conditions, disclaimers and other information applicable to the Tender Offer.
This press release is for informational purposes only and does not constitute an offer to purchase or the solicitation of an offer to sell the Securities. The
Tender Offer is being made solely by means of the Offer to Purchase. The Tender Offer is not being made to holders of Securities in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky
or other laws of such jurisdiction. In those jurisdictions where the securities, blue sky or other laws require any tender offer to be made by a licensed broker or dealer, the Tender Offer will be deemed to be made on behalf of YPF by the Dealer
Managers or one or more registered brokers or dealers licensed under the laws of such jurisdiction.
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Disclaimer
This release may contain
forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the United States Securities Exchange Act of 1934, as amended, including those related to the tender for Securities and whether or not
YPF will consummate the Tender Offer. Forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future, and, accordingly, such results may differ from those expressed in any
forward-looking statements. These risks and uncertainties include, but are not limited to, general economic, political and business conditions in Argentina and South America, existing and future governmental regulations, fluctuations in the price of
petroleum and petroleum products, supply and demand levels, currency fluctuations, exploration, drilling and production results, changes in reserves estimates, success in partnering with third parties, loss of market share, industry competition,
environmental risks, physical risks, the risks of doing business in developing countries, legislative, tax, legal and regulatory