With satisfactory results in the 2018 fiscal year, BYMA held its Assembly.

With an attendance of over 52% of the total voting shares, BYMA, Bolsas y Mercados Argentinos, held its second Shareholders' Meeting

The management results and financial statements ended December 31, 2018, corresponding to the stock exchange's second fiscal year, were also presented. Net income amounted to Ps. 3,411 million, measured in historical values, and represented an increase of 194% compared to 2017. Expressed at constant currency as of 12/31/2018, net income amounted to P=1,851 million, representing an increase of 121% over 2017.

During the meeting, the initiatives developed during 2018 that contributed to reach such numbers were reviewed and the objectives for 2019 were also raised, with a strong focus on the internationalization of the local market.

[URIS id=8930]

From what was resolved in the Assembly and in the Board of Directors' meeting, the administration and control body was formed as follows:

Chairman Ernesto Allaria

Vice-Chairman Nicolás M. Caputo

Principal Directors

Luis E. Álvarez

Gabriel Martino

Alexander Zawadzki

Eduardo Tapia

Roberto D'Avola

Marcelo Menéndez

José A. Cirillo

Gabriela Terminielli

Roberto Belchior

Andrés M. Edelstein

Alternate Directors

Ezequiel Carballo

Gonzalo de la Serna

Andres. Servente

Fernando Terrile

Sebastián Porcel

Alejandra Naughton

Paulo Belluschi

Damián M. Mindlin

Francisco Ribeiro Mendonca

María Julia Díaz Ardaya

Flavio Pacheco da Silveira

Juan Pablo Gusmano

Supervisory Committee

Titulars

Héctor Scasserra

Fernado Díaz

Julio A. Macchi

Supplies

Claudio Porcel

Rafael VidalFernando Álvarez de la Viesca

In this regard, the president of BYMA, Ernesto Allaria, stated: "The financial results of the last period show the great work carried out in pursuit of the evolution of the Argentine capital market. Among the major milestones, we enhanced transparency, sustainability and good governance, internationalized the market and generated alliances that allowed us to increase security standards."

And he added: "This drives us to pursue more challenging goals that make the local market grow, because we understand that greater volume and depth translates into employment opportunities for Argentines."

For his part, the CEO of the stock exchange, Alejandro Berney, explained: "During 2019 we will continue to focus our efforts on two lines of work: first, market integration to boost efficiency and reduce costs. And secondly, continue with the development of new services modernizing the offer for investors."

On projections, BYMA's work will be oriented to the creation of a financial entity, the development of new indexes with international standards, the incorporation of technological systems and the digitalization of processes and procedures.

Main actions carried out in 2018:

1. Strategic alliances with:

• B3 for the creation of the Merval Index Future
• S&P for the development of indexes
• Memorandum with Croatia
• MAE for the settlement of inter-market transactions
• Sustainability Index developed jointly with the IDB
• Enabling of S&P DJI indexes by the European Securities and Markets Authority

2. Development of new products and operations:

• Merval Index Futures
• Corporate Governance Panel
• Batch Term, Short Sale, Securities Lending
• BYMA Data
• Trapets AB supervision and control system
• Electronic Order Entry Management System in BYMA
• Letes Panel: new functionalities

3. Actions:

• Bell Ringing for Gender Equality
• First BYMA Assembly

Projects under development:

• BYMA Bank
• New S&P/BYMA indexes
• OMS (Order Management System) and DMA (Direct Market Access)
• Business Intelligence System
• Green Bonds Panel