TIPS Pesos N-13

The BRC Ratings-S&P Global Technical Committee, during its periodic review, upgraded the ratings of the TIPS Pesos B-1 N-13 to AAA from AA, and the TIPS Pesos B-2 N-13 to AA from A-. Additionally, it withdrew the rating of the TIPS Pesos A N-13 due to the full repayment of the securities.

TIPS Pesos N-20

The BRC Ratings-S&P Global Technical Committee, during its periodic review, affirmed the AAA rating of the TIPS Pesos A 2034 N-20. Additionally, it upgraded the rating of the TIPS Pesos Mz N-20 to BBB+ from BBB-, and the TIPS Pesos C N-20 to BBB- from BB.

TIPS UVR U-7

The Technical Committee of BRC Ratings - S&P Global, in an extraordinary review, confirmed the ratings of the following instruments: TIPS UVR A-1 U-7 at AAA, TIPS UVR A-2 U-7 at AAA, TIPS UVR B U-7 at AA, and TIPS UVR Mz U-7 at BB

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