Macro Bank Calls Shareholder Meeting for April 12

TL;DR

Macro Bank meeting April 12 to approve 2023 financials & profit distribution.

AI Summary

Macro Bank Inc. (Banco Macro S.A.) has announced a General and Special Shareholders' Meeting to be held in person on April 12, 2024, at 11:00 AM in Buenos Aires. The meeting will address the approval of the financial statements for the fiscal year ended December 31, 2023, and the distribution of profits for the same period.

Why It Matters

This meeting is crucial for shareholders as it will determine the approval of the bank's 2023 financial performance and the distribution of profits, directly impacting shareholder returns.

Risk Assessment

Risk Level: low — This filing is a routine notice of a shareholder meeting to approve financial statements and profit distribution, which is standard corporate practice.

Key Numbers

• 2023 — Fiscal Year (Financial statements and profit distribution for this year will be discussed.)
• April 12, 2024 — Shareholders' Meeting Date (The date set for shareholders to convene and vote on key financial matters.)

Key Players & Entities

• Macro Bank Inc. (company) — Filer
• Banco Macro S.A. (company) — Registrant's name in Spanish
• April 12, 2024 (date) — Shareholders' Meeting Date
• December 31, 2023 (date) — Fiscal Year End

FAQ

Filing Documents

• tm248274d1_6k.htm (6-K) — 25KB
• 0001104659-24-032191.txt ( ) — 26KB

From the Filing

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 March 8, 2024 Commission File Number: 001-32827 MACRO BANK INC. (Translation of registrant’s name into English) Av. Eduardo Madero 1182 Buenos Aires C1106ACY Tel: 54 11 5222 6500 (Address of registrant’s principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F x Form 40-F o Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): Yes o No x Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): Yes o No x BANCO MACRO S.A. NOTICE OF SHAREHOLDERS’ MEETING The Board of Directors of Banco Macro S.A. calls for a General and Special Shareholders’ Meeting to be held in person on April 12 th 2024, at 11:0 0 AM (Buenos Aires Time), at the offices located at Avenida Eduardo Madero 1172, Autonomous City of Buenos Aires, this not being the Company's principal pla ce of business, to discuss the following Agenda: AGENDA 1) Appoint three shareholders to sign the Minutes of the Shareholders’ Meeting. 2) Evaluate the documentation provided for in section 234, subsection 1 of Law No. 19550, for the fiscal year ended December 31 st 2023. 3) Evaluate the management of the Board and the Supervisory Committee. 4) Application of the retained earnings as of December 31st 2023. Total Retained Earnings expressed in constant currency as of December 31st 2023, are AR$ 587,913,904,870 which are to be applied as follows: a) AR$ 117,460,820,732 to the Legal Reserve fund; b) AR$ 1,737,775,623 to the Personal Asset Tax on Business Companies (Impuesto a los Bienes Personales Sociedades y Participaciones); and c) AR$ 468,715,308,515 to the Optional Reserve Fund for Future Distribution of Profits, pursuant to Communique “A” 6464 and supplementary provisions of Banco Central de la República Argentina ( Central Bank of the Republic of Argentina). 5) Separate a portion of the Optional Reserve Fund for Future Distribution of Profits, in order to allow the application of AR$ 294,130,167,680 to the payment of a cash dividend or dividend in kind, in this case valued at market price, or in any combination of both alternatives, subject to prior authorization by the Central Bank of the Republic of Argentina. Please be advised that the dividend shall be subject to a 7% withholding established under section 97 of the Argentine Income Tax Law, as revised in 2019. Delegation to the Board of Directors of the powers to release of the Reserve and establish the date, currency and other applicable payment terms and conditions in accordance with the delegation provided for by the Shareholders’ Meeting. Amount expressed in constant currency as of December 31st 2023. 6) Evaluate the remunerations of the members of the Board of Directors for the fiscal year ended December 31 st 2023 within the limits as to profits, pursuant to section 261 of Law 19550 and the Rules of the Comisión Nacional de Valores (Argentine Securities Exchange Commission). 7) Evaluate the remunerations of the members of the Supervisory Committee for the fiscal year ended December 31 st 2023. 8) Evaluate the remuneration of the independent auditor for the fiscal year ended December 31 st 2023. 9) Appoint five regular directors who shall hold office for three fiscal years to fill the vacancies existing due to the expiration of the relevant terms of office. 10) Appoint one regular director who shall hold office for one fiscal year to fill the vacancy generated by the resignation of Mr. Guillermo Merediz and one alternate director who shall hold office for one fiscal year to fill the vacancy generated by the resignation of Mr. Delfín Jorge Ezequiel Carballo and complete the terms of their offices. 11) Establish the number and designate the regular and alternate members of the Supervisory Committee who shall hold office for one fiscal year. 12) Appoint the independent auditor for the fiscal year ending December 31 st 2024. 13) Determine the auditing committee’s budget. 14) Authorize any acts, proceedings and filings aimed at obtaining the administrative approval and registration of the resolutions adopted at the Shareholders’ Meeting. THE BOARD OF DIRECTORS NOTES: Be advised that: (i) when considering item 5 of the Agenda, the Shareholders’ Meeting shall be held as a Special Meeting; (ii) in order to be able to participate in the Meeting, by April 8th 2024, the shareholders must submit by email addressed to a sambleabancomacro@macro.com.ar the following: (a) proof of the book-entry share account issued by Caja de Valores S.A. and pro

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View this 6-K filing on SEC EDGAR