YPF VP of Strategy & New Business Awarded 70,000 Incentive Share Units

Executive Summary

On October 1, 2026, Maximiliano Pedro Westen, Vice President of Strategy & New Business at YPF Sociedad Anónima ($YPF), received long-term incentive share awards totaling 70,000 units across three tranches under the company's Long-Term Incentive Share Award program (Programa de Retribución a Largo Plazo).

Transaction Breakdown

• Tranche 1: 23,100 share award units scheduled to vest in July 2027, bringing the post-transaction holding for that award group to 94,320.
• Tranche 2: 23,100 share award units scheduled to vest in July 2028, bringing the post-transaction holding for that award group to 57,100.
• Tranche 3: 23,800 share award units scheduled to vest in July 2029, bringing the post-transaction holding for that award group to 23,800.
• Conversion Details: Each award unit represents the contingent right to receive one Class D Common Stock of YPF S.A. (or one ADR, at the company's discretion) subject to continued service through the respective vesting dates.
• Corporate Actions Noted: Share quantities reflect YPF's 10-for-1 stock split effected on August 4, 2026.

Significance Analysis

This transaction constitutes standard compensation-related equity incentive grants (Transaction Code 'A'). Because it involves no open-market purchase or sale and reflects predetermined executive compensation schedules, it carries low trading significance for market participants.