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Banco Macro S.A. Informs the Market of Jorge Horacio Brito's Leave of Absence Being Accepted

BUENOS AIRES, Argentina, Nov. 21, 2017 /PRNewswire/ -- Banco Macro S.A. (NYSE: BMA; BCBA: BMA) informs you that, at today's meeting, the Board of Directors of Banco Macro has considered and decided to approve the leave of absence requested by Mr. Jorge Horacio Brito as Director and Chairman of Banco Macro S.A., pursuant to the terms in which said request was communicated through a Relevant Event ("Hecho Relevante") dated Friday 17th. Mr. Delfín Jorge Ezequiel Carballo, in his capacity as Vice-Chairman of the Board of Directors, shall chair the Board of Directors until the next General Shareholder's Meeting.

At the same meeting, the Board of Directors was informed by the specific area of the Bank about the actions carried out in relation to companies and natural persons mentioned in the media as a result of an ongoing legal case. As from the report received, in the cases in which some of the aforementioned kept operations with the Bank between the years 2010 and 2012, the Bank has acted in compliance with the internal rules of procedures, the regulations governing the activity and rules regarding Anti Money Laundering Activities. With respect to the latter, timely and in compliance with the applicable regulations, the Bank conducted a Suspicious Activity Report ("Reporte de Operación Sospechosa") in March 2012 and two following supplements, all related to operations from January to March 2012 for an amount of Ps.7,300,000. The actions carried out by the Bank in this connection have not been subject to any observations or comment neither by the supervisory agencies nor by any judicial authority.

This press release is available under the "Financial Information/Press Releases" section, or, in the Spanish version under "Información Financiera/Comunicados de Prensa", of Banco Macro's Investor Relations web site.

This press release includes statements concerning potential future events involving Banco Macro that could differ materially from the events that actually occur. The differences could be caused by a number of risks, uncertainties and factors relating to Banco Marco's business. Banco Macro will not update any forward-looking statements made in this press release to reflect future events or developments.

IR Contact in Buenos Aires:
Jorge Scarinci | Chief Financial Officer
Nicolás A. Torres | Investor Relations
E-mail: investorelations@macro.com.ar | Phone: (5411) 5222 6682

About
Banco Macro S.A (NYSE: BMA; Buenos Aires: BMA) is a universal bank, with focus in low & mid-income individuals and small & mid-sized companies. The Bank started operating in 1985 as non-banking financial institution and today has grown to be the private local bank with the largest branch network in the country.

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SOURCE Banco Macro S.A.