YPF Calls Shareholder Meeting for April 26

TL;DR

YPF meeting April 26th - Board proposals up for vote.

AI Summary

YPF Sociedad Anónima has called a General Ordinary and Extraordinary Shareholders' Meeting for April 26, 2024, to discuss proposals from the Board of Directors. The agenda includes items related to ordinary and extraordinary matters for Class A and D shareholders.

Why It Matters

This meeting is crucial for shareholders as it will determine the direction and key decisions for YPF S.A. based on the Board's proposals.

Risk Assessment

Risk Level: low — The filing is a routine notice of a shareholder meeting and does not contain new financial or operational information that would immediately impact risk.

Key Players & Entities

• YPF Sociedad Anónima (company) — Registrant and subject of the filing
• April 26, 2024 (date) — Date of the Shareholders' Meeting

FAQ

Key Financial Figures

• $28,745 million — lders Meeting to allocate the amount of $28,745 million to constitute the creation of a reserve
• $1,561,217 million — net loss for fiscal year 2023 amounted $1,561,217 million and the accumulated losses (unallocated
• $1,003,419 m — ults) as of December 31, 2023, amounted $1,003,419 million, which include losses for fiscal
• $1,561,217 m — include losses for fiscal year 2023 of $1,561,217 million, balances restricted for distribu
• $12,040 million — stricted for distribution of results of $12,040 million and translation differences for fiscal
• $545,758 million — ion differences for fiscal year 2023 of $545,758 million. According to the accounting policy set
• $3,518,449 million — necessary to appropriate the amount of $3,518,449 million corresponding to the translation differ
• $142,371 million — se in the reserve for future dividends ($142,371 million), the investment reserve ($3,354,050 mi
• $3,354,050 million — 2,371 million), the investment reserve ($3,354,050 million) and the reserve for the acquisition of
• $22,028 million — acquisition of the Companys own shares ($22,028 million). As of December 31, 2023, the Companys
• $7,221,500 m — lders equity is positive and amounts to $7,221,500 million, and the Company is not subject t
• $56,487 m — n of retained earnings for an amount of $56,487 million, which is comprised of: (i) treas
• $5,635 million — ost of treasury shares for an amount of $5,635 million; (ii) share trading premium of the Comp
• $387 million — the negative balance of such account of $387 million; and (iii) the appropriate conversion d
• $50,465 million — e appropriate conversion differences of $50,465 million. 3. To propose to the Shareholders&ac

Filing Documents

• d788727d6k.htm (6-K) — 65KB
• g788727g0405021322337.jpg (GRAPHIC) — 2KB
• 0001193125-24-088008.txt ( ) — 69KB

From the Filing

6-K 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 For the month of April 2024 Commission File Number: 001-12102 YPF Sociedad Anónima (Exact name of registrant as specified in its charter) Macacha Güemes 515 C1106BKK Buenos Aires, Argentina (Address of principal executive office) 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-FForm 40-F YPF Sociedad Anónima TABLE OF CONTENT ITEM 1 Translation of YPF Sociedad Anónima Proposals of the Board of Directors to Shareholders regarding the Items of the Agenda for the General Ordinary and Extraordinary and Special Ordinary Class A and D Shareholders´ Meeting called for April 26, 2024. Proposals of the Board of Directors to YPF S.A.´s Shareholders regarding the Items of the Agenda for the General Ordinary and Extraordinary and Special Ordinary Class A and D Shareholders´ Meeting called for April 26, 2024, available as of April 5, 2024. Item1. Appointment of two shareholders to sign the minutes of the Meeting. The Board of Directors of YPF S.A. proposes to the Shareholders Meeting of the Company that the two shareholders to sign the minutes be the representative appointed by Class A shares owned by the Argentine Government - Secretary of Energy - Ministry of Economy, and the representative of shares owned by the Sustainability Guarantee Fund ( Fondo de Garantía de SustentabilidadFGS ) of the Public Social Security System - Argentine Social Security Administration ( ANSES ) - Law No. 26,425. Item2. Waiver of the preemptive offer of shares to shareholders pursuant to Article 67 of Law No. 26,831 regarding the long-term share compensation plans for employees, through the acquisition of shares of the Company in accordance with Article 64 et. seq. of Law No. 26,831. According to the Board of Directors Annual Report and the Financial Statements as of December 31, 2023, the Board of Directors proposed to the Shareholders Meeting to allocate the amount of $28,745 million to constitute the creation of a reserve to acquire shares of the Company, in order to grant the Board of Directors the possibility to acquire the Companys own shares, in a timely manner, in order to allocate them to the share-based benefit plans (in accordance with Articles 64 and 67 of Law No. 26,831), consistent with the bonus and incentive plans carried out by the Company. Therefore, in the event that the Meeting approves the creation of such reserve, the Company may acquire its own shares and create a new Long-Term Share-Based Compensation Program (the New Program or Program 2024). The Board of Directorsin charge of approval and regulationis expected to establish the New Program during the course of the current year once the necessary approvals have been obtained. While the Board of Directors is responsible for the creation of employee compensation plans, in the event of plans payable in shares of the issuing company, current legislation in force requires the approval of the shareholders meeting regarding the exemption of the preemptive offer of the shares and the creation of a reserve aimed to acquire shares of the Company, where applicable. In this regard, the Board of Directors proposes to the Shareholders Meeting of the Company to approve the waiver of the preemptive offer of shares as provides in Article 67 of Law No. 26,831 in order to authorize the delivery of the acquired shares of the Company to the beneficiary employees of each Program, a timely manner, in order to comply with the 2024 Program or the programs created or to be created, as the case may be. Item3. Consideration of the Annual Report, Information Overview, Inventory, Statements of Financial Position, Statements of Comprehensive Income, Statements of Changes in Shareholders Equity, Statements of Cash Flow, individual and consolidated with its respective notes and related documentation, and the Report of the Supervisory Committee and Independent Auditor, corresponding to Fiscal Year No. 47, which began on January 1, 2023 and ended on December 31, 2023. The Board of Directors considered and approved the aforementioned documents and proposes to the Shareholders´ Meeting of the Company its approval. Please find the Companys individual and consolidated Financial Statements and Annual Report for fiscal year beginning January 1, 2023 and ended December 31, 2023 published on the website of the Argentine Securities Commission (CNV) at: Individual Financial Statements: https://aif2.cnv.gov.ar/presentations/publicview/ef812e39-94a3-4634-bb9a-efa491a33140 Consolidated Financial Statements: https://aif2.cnv.gov.ar/presentations/publicview/1412f8ac-61b9-4e6a-9f12-c299de9cc00d Item4. Consideration of the accumulated resul

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