YPF S.A. — Interim / Quarterly Report 2024

Nov 8, 2024

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YPF SOCIEDAD ANONIMA

CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

Deloitte & Co. S.A. Della Paolera 261, 4° piso C1001ADA Autonomous City of Buenos Aires Argentina

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Tel.: (+54-11) 4320-2700 Fax: (+54-11) 4325-8081/4326-7340

INDEPENDENT AUDITOR’S REPORT ON

REVIEW OF INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

To the Shareholders, President and Directors of YPF SOCIEDAD ANONIMA

1. Identification of the interim condensed consolidated financial statements subject to review

We have reviewed the accompanying interim condensed consolidated financial statements of YPF SOCIEDAD ANONIMA (the Company) and its controlled companies (the Group), which comprise the consolidated interim condensed statement of financial position as at September 2024, the interim condensed consolidated statements of comprehensive income for the nine and three-months periods as at September 2024 and September 2023, changes in equity and cash flows for the nine months period as at September 2024 and September 2023, and other explanatory information included in the notes to the interim condensed consolidated financial statements.

2. Responsibility of the Company’s Board of Directors for the Interim Condensed Consolidated Financial Statements

The Company’s Board of Directors is responsible for the preparation and fair presentation of the accompanying interim condensed consolidated financial statements in accordance with International Financial Reporting Standards (IFRSs), and consequently, is responsible for the preparation and fair presentation of these interim condensed financial statements in accordance with International Accounting Standard 34, “Interim financial reporting” (IAS 34). Additionally, the Company’s Board of Directors is responsible for such internal control as the Board determines is necessary to enable the preparation of financial statements that are free from material misstatements.

3. Auditors’ Responsibility

Our responsibility is to express a conclusion on the accompanying interim condensed consolidated financial statements based on our review. We conducted our review in accordance with the International Standards for Review Engagements 2410, “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”.

A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with International Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

Deloitte & Co. S.A. Registro de Soc. Com. CPCECABA T°1 Folio 3

4. Conclusion

Based on our review, nothing has come to our attention that causes us to believe that the accompanying interim condensed consolidated financial statements of YPF SOCIEDAD ANONIMA for the nine-month period ended September, 2024 are not prepared, in all material respects, in accordance with IAS 34.

Buenos Aires City, November 7, 2024.

Deloitte & Co. S.A. (Registro de Sociedades Comerciales C.P.C.E.C.A.B.A. T° 1 - F° 3)

Guillermo D. Cohen Socio Contador Público U.B.A. C.P.C.E.C.A.B.A. T° 233 - F° 73

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. Please see www.deloitte.com/about for a more detailed description of DTTL and its member firms.

Deloitte Touche Tomatsu Limited is a private Company limited by guarantee incorporated in England & Wales under Company number 07271800, and its registered office is Hill House, 1 Little new Street, London, EC4a, 3TR, United Kindom.

YPF SOCIEDAD ANONIMA CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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CONTENT

Note 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38	Description Glossary of terms Legal information Condensed interim consolidated statements of financial position Condensed interim consolidated statements of comprehensive income Condensed interim consolidated statements of changes in shareholders’ equity Condensed interim consolidated statements of cash flow Notes to the condensed interim consolidated financial statements: General information, structure and organization of the Group's business Basis of preparation of the condensed interim consolidated financial statements Seasonality of operations Acquisitions and disposals Financial risk management Business segment information Financial instruments by category Intangible assets Property, plant and equipment Right-of-use assets Investments in associates and joint ventures Inventories Other receivables Trade receivables Investments in financial assets Cash and cash equivalents Provisions Income tax Taxes payable Salaries and social security Lease liabilities Loans Other liabilities Accounts payable Revenues Costs Expenses by nature Other net operating results Net financial results Investments in joint agreements Shareholders’ equity Earnings per share Contingent assets and liabilities Contractual commitments Main regulations Balances and transactions with related parties Employee benefit plans and similar obligations Subsequent events	Page
		1 2 3 4 5 7 8 9 12 12 13 13 17 17 18 21 21 24 24 24 25 25 25 26 28 28 28 29 31 31 31 33 34 35 35 35 36 36 36 37 38 42 45 46

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YPF SOCIEDAD ANONIMA CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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GLOSSARY OF TERMS

Term ADR ADS AESA AFIP ANSES ASC Associate B2B B2C BCRA BNA BO CAMMESA CAN CDS CGU CNDC CNV CPI CSJN CT Barragán Eleran ENARGAS ENARSA FASB FOB Gas Austral GPA Group IAS IASB IDS IFRIC IFRS INDEC JA Joint venture LGS LNG LPG MBtu MEGA Metroenergía Metrogas MINEM MLO MTN NO Oiltanking OLCLP Oldelval OPESSA OTA OTC PEN Peso PIST Profertil Refinor ROD RTI RTT SE SEC SEE SGE SRH SSHyC Subsidiary Sustentator Termap Turnover tax U.S. dollar UNG US$ US$/bbl UVA VAT WEM YPF Brasil YPF Chile YPF EE YPF Gas YPF Holdings YPF International YPF or the Company YPF Perú YPF Ventures Y-TEC Y-LUZ

**Definition **

American Depositary Receipt American Depositary Share Subsidiary A-Evangelista S.A. Argentine Tax Authority (Administración Federal de Ingresos Públicos) National Administration of Social Security (Administración Nacional de la Seguridad Social) Accounting Standards Codification Company over which YPF has significant influence as provided for in IAS 28 Business to Business Business to Consumer Central Bank of the Argentine Republic (Banco Central de la República Argentina) Bank of the Argentine Nation (Banco de la Nación Argentina) Official Gazette of the Argentine Republic (Boletín Oficial de la República Argentina) Compañía Administradora del Mercado Mayorista Eléctrico S.A. Northern Argentine Basin (Cuenca Argentina Norte) Associate Central Dock Sud S.A. Cash-generating unit Argentine Antitrust Authority (Comisión Nacional de Defensa de la Competencia) Argentine Securities Commission (Comisión Nacional de Valores) Consumer Price Index published by INDEC Argentine Supreme Court of Justice (Corte Suprema de Justicia de la Nación Argentina) Joint venture CT Barragán S.A. Subsidiary Eleran Inversiones 2011 S.A.U. Argentine Gas Regulator (Ente Nacional Regulador del Gas) Energía Argentina S.A. (formerly Integración Energética Argentina S.A., “IEASA”) Financial Accounting Standards Board Free on board Associate Gas Austral S.A. Associate Gasoducto del Pacífico (Argentina) S.A. YPF and its subsidiaries International Accounting Standard International Accounting Standards Board Associate Inversora Dock Sud S.A. International Financial Reporting Interpretations Committee International Financial Reporting Standard National Institute of Statistics and Census (Instituto Nacional de Estadística y Censos) Joint agreement (Unión Transitoria) Company jointly owned by YPF as provided for in IFRS 11 “Joint arrangements” General Corporations Law (Ley General de Sociedades) No. 19,550 Liquified natural gas Liquefied petroleum gas Million British thermal units Joint venture Compañía Mega S.A. Subsidiary Metroenergía S.A. Subsidiary Metrogas S.A. Former Ministry of Energy and Mining (Ministerio de Energía y Minería) West Malvinas Basin (Cuenca Malvinas Oeste) Medium-term note Negotiable obligations Associate Oiltanking Ebytem S.A. Joint venture Oleoducto Loma Campana - Lago Pellegrini S.A. Associate Oleoductos del Valle S.A. Subsidiary Operadora de Estaciones de Servicios S.A. Joint venture OleoductoTrasandino (Argentina) S.A. Joint venture OleoductoTrasandino (Chile) S.A. National Executive Branch (Poder Ejecutivo Nacional) Argentine peso Transportation system entry point (Punto de ingreso al sistema de transporte) Joint venture Profertil S.A. Joint venture Refinería del Norte S.A. Record of decision Integral Tariff Review (Revisión Tarifaria Integral) Transitional Tariff Regime (Régimen Tarifario de Transición) Secretariat of Energy (Secretaría de Energía) U.S. Securities and Exchange Commission Secretariat of Electric Energy (Secretaría de Energía Eléctrica) Government Secretariat of Energy (Secretaría de Gobierno de Energía) Hydrocarbon Resources Secretariat (Secretaría de Recursos Hidrocarburíferos) Under-Secretariat of Hydrocarbons and Fuels (Subsecretaría de Hidrocarburos y Combustibles) Company controlled by YPF as provided for in IFRS 10 “Consolidated financial statements” Joint venture Sustentator S.A. Associate Terminales Marítimas Patagónicas S.A. Impuesto a los ingresos brutos United States dollar Unaccounted natural gas United States dollar U.S. dollar per barrel Unit of Purchasing Power Value added tax Wholesale Electricity Market Subsidiary YPF Brasil Comercio Derivado de Petróleo Ltda. Subsidiary YPF Chile S.A. Joint venture YPF Energía Eléctrica S.A. Associate YPF Gas S.A. Subsidiary YPF Holdings, Inc. Subsidiary YPF International S.A. YPF S.A. Subsidiary YPF E&P Perú S.A.C. Subsidiary YPF Ventures S.A.U. Subsidiary YPF Tecnología S.A. Subsidiary Y-LUZ Inversora S.A.U. controlled by YPF EE

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YPF SOCIEDAD ANONIMA CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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LEGAL INFORMATION

Legal address

Macacha Güemes 515 - Ciudad Autónoma de Buenos Aires, Argentina.

Fiscal year

No. 48 beginning on January 1, 2024.

Main business of the Company

The Company’s purpose shall be to perform, on its own, through third parties or in association with third parties, the survey, exploration and exploitation of liquid and/or gaseous hydrocarbon fields and other minerals, as well as the industrialization, transportation and commercialization of these products and their direct and indirect by-products, including petrochemical products, chemical products, whether derived from hydrocarbons or not, and non-fossil fuels, biofuels and their components, as well as the generation of electrical energy through the use of hydrocarbons, to which effect it may manufacture, use, purchase, sell, exchange, import or export them. It shall also be the Company’s purpose the rendering, on its own, through a controlled company or in association with third parties, of telecommunications services in all forms and modalities authorized by the legislation in force after applying for the relevant licenses as required by the regulatory framework, as well as the production, industrialization, processing, commercialization, conditioning, transportation and stockpiling of grains and products derived from grains, as well as any other activity complementary to its industrial and commercial business or any activity which may be necessary to attain its object. To better achieve these purposes, it may set up, become associated with or have an interest in any public or private entity domiciled in Argentina or abroad, within the limits set forth in the Bylaws.

Filing with the Public Registry of Commerce

Bylaws filed on February 5, 1991, under No. 404, Book 108, Volume A, Sociedades Anónimas, with the Public Registry of Commerce of Autonomous City of Buenos Aires, in charge of the Argentine Registry of Companies (Inspección General de Justicia); and Bylaws in substitution of previous Bylaws, filed on June 15, 1993, under No. 5,109, Book 113, Volume A, Sociedades Anónimas, with the above mentioned Public Registry.

Duration of the Company

Through June 15, 2093.

Last amendment to the Bylaws

January 26, 2024, registered with the Public Registry of Autonomous City of Buenos Aires in charge of the Argentine Registry of Companies (Inspección General de Justicia) on March 15, 2024, under No. 4,735, Book 116 of Corporations.

Capital structure

393,312,793 shares of common stock, $10 par value and 1 vote per share.

- Subscribed, paid in and authorized for stock exchange listing (in pesos)

3,933,127,930.

HORACIO DANIEL MARÍN President

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YPF SOCIEDAD ANONIMA

CONDENSED INTERIM CONSOLIDATED STATEMENTS OF FINANCIAL POSITION AS OF SEPTEMBER 30, 2024 AND DECEMBER 31, 2023

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(Amounts expressed in millions of United States dollars)

Notes ASSETS Non-current assets Intangible assets 8 Property, plant and equipment 9 Right-of-use assets 10 Investments in associates and joint ventures 11 Deferred income tax assets, net 18 Other receivables 13 Trade receivables 14 Investments in financial assets 15 Total non-current assets Current assets Assets held for sale 9 Inventories 12 Contract assets 25 Other receivables 13 Trade receivables 14 Investments in financial assets 15 Cash and cash equivalents 16 Total current assets TOTAL ASSETS SHAREHOLDERS’ EQUITY Shareholders’ contributions Retained earnings Shareholders’ equity attributable to shareholders of the parent company Non-controlling interest TOTAL SHAREHOLDERS’ EQUITY LIABILITIES Non-current liabilities Provisions 17 Contract liabilities 25 Deferred income tax liabilities, net 18 Income tax liability Salaries and social security 20 Lease liabilities 21 Loans 22 Other liabilities 23 Accounts payable 24 Total non-current liabilities Current liabilities Liabilities directly associated with assets held for sale 9 Provisions 17 Contract liabilities 25 Income tax liability Taxes payable 19 Salaries and social security 20 Lease liabilities 21 Loans 22 Other liabilities 23 Accounts payable 24 Total current liabilities TOTAL LIABILITIES TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	September 30, 2024 407 18,102 551 1,858 67 290 31 - 21,306 2,072 1,713 38 498 1,936 318 877 7,452 28,758 4,504 7,422 11,926 209 12,135 756 31 92 3 8 290 6,869 71 6 8,126 2,204 186 77 93 260 389 296 1,832 181 2,979 8,497 16,623 28,758	December 31, 2023
		367 17,712 631 1,676 18 158 31 8
		**20,601 **
		- 1,683 10 381 973 264 1,123
		**4,434 **
		25,035
		4,504 4,445
		8,949
		102
		**9,051 **
		2,660 34 1,242 4 - 325 6,682 112 5
		**11,064 **
		- 181 69 31 139 210 341 1,508 122 2,319
		4,920
		**15,984 **
		25,035

Accompanying notes are an integral part of these condensed interim consolidated financial statements.

HORACIO DANIEL MARÍN President

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YPF SOCIEDAD ANONIMA

CONDENSED INTERIM CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME FOR THE NINE AND THREE-MONTH PERIODS ENDED SEPTEMBER 30, 2024 AND 2023

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(Amounts expressed in millions of United States dollars, except per share information expressed in United States dollars)

ONDENSED INTERIM CONSOLIDATED STATEMENTS
Net income Revenues Costs Gross profit . Selling expenses Administrative expenses Exploration expenses Impairment of property, plant and equipment and inventories write-down Other net operating results Operating profit / (loss) . Income from equity interests in associates and joint ventures . Financial income Financial costs Other financial results Net financial results . Net profit / (loss) before income tax . Income tax . Net profit / (loss) for the period . Other comprehensive income . Items that may be reclassified subsequently to profit or loss: Translation effect from subsidiaries, associates and joint ventures Result from net monetary position in subsidiaries, associates and joint ventures(1) Other comprehensive income for the period . Total comprehensive income for the period . Net profit / (loss) for the period attributable to: Shareholders of the parent company Non-controlling interest Other comprehensive income for the period attributable to: Shareholders of the parent company Non-controlling interest Total comprehensive income for the period attributable to: Shareholders of the parent company Non-controlling interest Earnings per share attributable to shareholders of the parent company: Basic and diluted	Notes 25 26 27 27 27 9-12 28 11 29 29 29 29 18 32	For the nine-month periods ended September 30, 2024 2023 14,542 13,117 (10,154) (10,497) 4,388 2,620 (1,596) (1,385) (575) (518) (131) (42) (26) (506) (50) - 2,010 169 263 227 87 230 (911) (893) 241 1,011 (583) 348 1,690 744 987 (160) 2,677 584 (78) (288) 485 274 407 (14) 3,084 570 2,638 548 39 36 339 (17) 68 3 2,977 531 107 39 6.73 1.40	For the three-month periods ended September 30,
		2024 14,542 (10,154) 4,388 (1,596) (575) (131) (26) (50) 2,010 263 87 (911) 241 (583) 1,690 987 2,677 (78) 485 407 3,084 2,638 39 339 68 2,977 107 6.73	2024 5,297 (3,678) 1,619 (552) (224) (20) (21) (48) 754 107 19 (267) 85 (163) 698 787 1,485 (22) 69 47 1,532 1,470 15 40 7 1,510 22 3.75	2023
				4,504 (3,689)
				815
				(483) (194) (16) (506) (3)
				(387)
				44 104 (319) 421
				206
				(137)
				-
				(137)
				(97) 73
				(24)
				(161)
				(128) (9) (24) - (152) (9) (0.33)

(1) Result associated to subsidiaries, associates and joint ventures with the peso as functional currency, see Note 2.b.1) to the annual consolidated financial statements.

Accompanying notes are an integral part of these condensed interim consolidated financial statements.

HORACIO DANIEL MARÍN President

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YPF SOCIEDAD ANONIMA

CONDENSED INTERIM CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY FOR THE NINE-MONTH PERIODS ENDED SEPTEMBER 30, 2024 AND 2023

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(Amounts expressed in millions of United States dollars)

CONDENSED INTERIM CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY

Balance at the beginning of the fiscal year Accrual of share-based benefit plans(3) Settlement of share-based benefit plans Reversal of reserves and absorption of accumulated losses(5) Constitution of reserves(5) Other comprehensive income Net profit for the period Balance at the end of the period . Balance at the beginning of the fiscal year Accrual of share-based benefit plans(3) Settlement of share-based benefit plans Reversal of reserves and absorption of accumulated losses(5) Constitution of reserves(5) Other comprehensive income Net profit for the period Balance at the end of the period			For the nine-monthperiod ended September 30, 2024	For the nine-monthperiod ended September 30, 2024	For the nine-monthperiod ended September 30, 2024	For the nine-monthperiod ended September 30, 2024	Total 4,504 5 (5) - - - - 4,504 Equity attributable to Shareholders of the parent company Non- controlling interest 8,949 102 5 - (5) - - - - - 339 68 2,638 39 11,926 209	Total shareholders’ equity
			Shareholders’ contributions
	Capital 3,919 - 3 - - - - 3,922	Treasury shares 14 - (3) - - - - 11	Share- based benefit plans Acquisition cost of treasury shares(2) 1 (30) 5 - (5) 2 - - - - - - - - 1 (28) Retained earnings (4)		Share trading premiums (40) - (2) - - - - (42)	Issuance premiums 640 - - - - - - 640 Unappropriated retained earnings and losses (1,244) - - 5,586 (4,272) - 2,638 2,708
	Legal reserve 787 - - - - - - 787	Reserve for future dividends 226 - - (226) - - - -	Reserve for investments 5,325 - - (5,325) 4,236 - - 4,236	Reserve for purchase of treasury shares 35 - - (35) 36 - - 36	Other comprehensive income (684) - - - - 339 - (345)		Shareholders of the parent company 8,949 5 (5) - - 339 2,638 11,926
								9,051 5 (5) - - 407 2,677
								12,135

(1) Includes (1,951) corresponding to the effect of the translation of the financial statements of investments in subsidiaries, associates and joint ventures with functional currencies other than the U.S. dollar and 1,606 corresponding to the recognition of the result for the net monetary position of subsidiaries, associates and joint ventures with the peso as functional currency. See Note 2.b.1) to the annual consolidated financial statements.

(2) Net of employees’ income tax withholding related to the share-based benefit plans.

(3) See Note 37.

(4) Includes 70 restricted to the distribution of retained earnings as of September 30, 2024, and December 31, 2023, respectively. See Note 30 to the annual consolidated financial statements. (5) As decided in the Shareholders’ Meeting on April 26, 2024.

.

HORACIO DANIEL MARÍN President

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YPF SOCIEDAD ANONIMA

CONDENSED INTERIM CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY FOR THE NINE-MONTH PERIODS ENDED SEPTEMBER 30, 2024 AND 2023 (cont.)

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(Amounts expressed in millions of United States dollars)

Balance at the beginning of the fiscal year Accrual of share-based benefit plans(3) Settlement of share-based benefit plans Constitution of reserves(5) Other comprehensive income Net profit for the period Balance at the end of the period . Balance at the beginning of the fiscal year Accrual of share-based benefit plans(3) Settlement of share-based benefit plans Constitution of reserves(5) Other comprehensive income Net profit for the period Balance at the end of the period			For the nine-monthperiod ended September 30, 2023	For the nine-monthperiod ended September 30, 2023	For the nine-monthperiod ended September 30, 2023		Total 4,507 2 (5) - - - 4,504 Equity attributable to Shareholders of the parent company Non- controlling interest 10,454 98 2 - (5) - - - (17) 3 548 36 10,982 137	Total shareholders’ equity
			Shareholders’ contributions
	Capital 3,915 - 4 - - - 3,919	Treasury shares 18 - (4) - - - 14	Share- based benefit plans Acquisition cost of treasury shares(2) 2 (30) 2 - (3) - - - - - - - 1 (30) Retained earnings (4)		Share trading premiums (38) - (2) - - - (40)	Issuance premiums 640 - - - - - 640 Unappropriated retained earnings and losses 5,654 - - (5,587) - 548 615
	Legal reserve 787 - - - - - 787	Reserve for future dividends - - - 226 - - 226	Reserve for investments - - - 5,326 - - 5,326	Reserve for purchase of treasury shares - - - 35 - - 35	Other comprehensive income (494) - - - (17) - (511) (1)		Shareholders of the parent company 10,454 2 (5) - (17) 548 10,982
								10,552 2 (5) - (14) 584
								11,119

(1) Includes (1,719) corresponding to the effect of the translation of the financial statements of investments in subsidiaries, associates and joint ventures with functional currencies other than the U.S. dollar and 1,208 corresponding to the recognition of the result for the net monetary position of subsidiaries, associates and joint ventures with the peso as functional currency. See Note 2.b.1) to the annual consolidated financial statements.

(2) Net of employees’ income tax withholding related to the share-based benefit plans.

(3) See Note 37.

(4) Includes 70 and 68 restricted to the distribution of retained earnings as of September 30, 2023, and December 31, 2022, respectively. See Note 30 to the annual consolidated financial statements. (5) As decided in the Shareholders’ Meeting on April 28, 2023.

Accompanying notes are an integral part of these condensed interim consolidated financial statements.

HORACIO DANIEL MARÍN President

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YPF SOCIEDAD ANONIMA CONDENSED INTERIM CONSOLIDATED STATEMENTS OF CASH FLOW FOR THE NINE-MONTH PERIODS ENDED SEPTEMBER 30, 2024 AND 2023

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(Amounts expressed in millions of United States dollars)

Cash flows from operating activities Net profit Adjustments to reconcile net profit to cash flows provided by operating activities: Income from equity interests in associates and joint ventures Depreciation of property, plant and equipment Amortization of intangible assets Depreciation of right-of-use assets Retirement of property, plant and equipment and intangible assets and consumption of materials Charge on income tax Net increase in provisions Impairment of property, plant and equipment and inventories write-down Effect of changes in exchange rates, interest and others Share-based benefit plans Changes in assets and liabilities: Trade receivables Other receivables Inventories Accounts payable Taxes payables Salaries and social security Other liabilities Decrease in provisions due to payment/use Contract assets Contract liabilities Dividends received Income tax payments Net cash flows from operating activities(1) (2) . Investing activities:(3) Acquisition of property, plant and equipment and intangible assets Additions of assets held for sale Contributions and acquisitions of interests in associates and joint ventures Proceeds from sales of financial assets Payments from purchase of financial assets Interests received from financial assets Proceeds from concessions, assignment agreements and sale of assets Net cash flows used in investing activities . Financing activities:(3) Payments of loans Payments of interests Proceeds from loans Account overdraft, net Payments of leases Payments of interests in relation to income tax Net cash flows (used in) / from financing activities . Effect of changes in exchange rates on cash and cash equivalents . (Decrease) / Increase in cash and cash equivalents . Cash and cash equivalents at the beginning of the fiscal year Cash and cash equivalents at the end of the period (Decrease) / Increase in cash and cash equivalents	For the nine-month periods ended September 30,	For the nine-month periods ended September 30,
	2024 2,677 (263) 1,732 31 201 388 (987) 522 26 413 5 (1,087) (368) (30) 714 130 180 (49) (119) (30) 8 137 (25) 4,206 (4,019) (176) - 205 (222) 34 67 (4,111) (1,994) (601) 2,652 (48) (298) (3) (292) (49) (246) 1,123 877 (246)	2023
		584 (227) 2,298 30 165 271 160 308 506 (135) 15 (264) 7 (24) 475 48 48 54 (438) (11) 76 271 (12)
		4,205
		(4,128) - (4) 551 (276) 74 14
		(3,769)
		(1,075) (493) 2,268 (37) (267) (7)
		389
		(302)
		523
		773 1,296
		523

(1) Does not include the effect of changes in exchange rates generated by cash and cash equivalents, which is exposed separately in this statement.

(2) Includes 109 and 158 for the nine-month periods ended September 30, 2024 and 2023, respectively, for payment of short-term leases and payments of the variable charge of leases related to the underlying asset use or performance.

(3) The main investing and financing transactions that have not affected cash and cash equivalents correspond to:

Unpaid acquisitions of property, plant and equipment and intangible assets Unpaid additions of assets held for sale Additions of right-of-use assets Capitalization of depreciation of right-of-use assets Capitalization of financial accretion for lease liabilities	For the nine-month periods ended September 30, 2024 2023 424 520 24 - 164 179 47 50 6 10	For the nine-month periods ended September 30, 2024 2023 424 520 24 - 164 179 47 50 6 10
		2023 520 - 179 50 10

Accompanying notes are an integral part of these condensed interim consolidated financial statements.

HORACIO DANIEL MARÍN President

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YPF SOCIEDAD ANONIMA NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

1. GENERAL INFORMATION, STRUCTURE AND ORGANIZATION OF THE GROUP’S BUSINESS

General information

YPF S.A. (“YPF” or the “Company”) is a stock corporation (s ociedad anónima ) incorporated under the Argentine laws, with a registered office at Macacha Güemes 515, in the City of Buenos Aires.

YPF and its subsidiaries (the “Group”) form the leading energy group in Argentina, which operates a fully integrated oil and gas chain with leading market positions across the domestic Upstream, Downstream and Gas and Power businesses.

Structure and organization of the economic Group

The following chart shows the organizational structure, including the main companies of the Group, as of September 30, 2024:

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----- Start of picture text -----

YPF
(Argentina)
OP ESSA (1) 100% A ESA (1) 100% 51% YT EC 85% OLC LP
(Argentina) (Argentina) (Argentina) (Argentina)
75%
R efino r 50% M EGA 38% YP F EE (1) 37% OLD ELVA L
(Argentina) (Argentina) (Argentina) (Argentina)
P ro fertil 50% M ET R OGA S (2) 70% Luz D el Leó n (1) 100% 36% OT C
(Argentina) (Argentina) (Argentina) (Chile)
95% 42.86%
YP F Gas 33.99% M etro energí a 5% Y-LUZ 100% 36% OT A
(Argentina) (Argentina) (Argentina) (Argentina)
YP F C hile (1) 100% YP F Ventures 100% ID S 27.30% 30% Oiltanking
(Chile) (Argentina) (Argentina) (Argentina)
69.99%
YP F B rasil (1) 100% C T B arragán 50% 10.25% C D S 33.15% T ermap
(Brazil) (Argentina) (Argentina) (Argentina)
100%
Eleran
(Spain)
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(1) Held directly and indirectly.

(2) See Note 35.c.3), section “Note from ENARGAS related to YPF’s interest in Metrogas”, to the annual consolidated financial statements.

HORACIO DANIEL MARÍN President

9

YPF SOCIEDAD ANONIMA NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

1. GENERAL INFORMATION, STRUCTURE AND ORGANIZATION OF THE GROUP’S BUSINESS (cont.)

Organization of the business

As of September 30, 2024, the Group carries out its operations in accordance with the following structure:

• Upstream

• Downstream

• Gas and Power

• Central Administration and Others

Activities covered by each business segment are detailed in Note 6.

The operations, properties and clients of the Group are mainly located in Argentina. However, the Group also holds participating interest in exploratory areas in Bolivia and sells jet fuel, natural gas, lubricants and derivatives in Chile and lubricants and derivatives in Brazil.

2. BASIS OF PREPARATION OF THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS

2.a) Applicable accounting framework

The condensed interim consolidated financial statements of the Company for the nine-month period ended September 30, 2024, are presented in accordance with IAS 34 “Interim financial reporting”. Therefore, they should be read together with the annual consolidated financial statements of the Company as of December 31, 2023 (“annual consolidated financial statements”) presented in U.S. dollars and in accordance with IFRS as issued by the IASB.

These condensed interim consolidated financial statements corresponding to the nine-month period ended September 30, 2024, are unaudited. The Company believes they include all necessary adjustments to reasonably present the results of each period on a basis consistent with the audited annual consolidated financial statements. Net Income for the ninemonth period ended September 30, 2024, does not necessarily reflect the proportion of the Group’s full-year net income.

2.b) Material accounting policies

The material accounting policies are described in Note 2.b) to the annual consolidated financial statements.

The accounting policies adopted in the preparation of these condensed interim consolidated financial statements are consistent with those used in the preparation of the annual consolidated financial statements, except for the valuation policy for income tax detailed in Note 18.

Functional currency

As mentioned in Note 2.b.1) to the annual consolidated financial statements, YPF has defined the U.S. dollar as its functional currency.

The consolidated financial statements used by YPF for statutory, legal and regulatory purposes in Argentina are those in pesos and filed with the CNV and approved by the Board of Directors and authorized to be issued on November 7, 2024.

Share-based benefit plans

The Group maintains share-based benefit plans with the characteristics mentioned in Note 37 of these condensed interim consolidated financial statements and Note 37 to the annual consolidated financial statements. Such plans are recorded in accordance with the guidelines set out in IFRS 2 “Share-based payment”.

• Equity-settled share-based payment transactions are recognized as a straight-line expense over the period of service based on the Group’s estimate of the number of equity instruments that will eventually vest considering their fair value at the grant date, with an offsetting credit entry in the “Share-based benefit plans” account in the statement of changes in shareholders’ equity. At the end of each period, the Group reviews its estimate according to the number of equity instruments it expects will vest based on the grant conditions specified under the respective benefit plan.

HORACIO DANIEL MARÍN President

10

YPF SOCIEDAD ANONIMA NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

2. BASIS OF PREPARATION OF THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (cont.)

• Cash-settled share-based payment transactions are recognized as a straight-line expense over the period of service based on the Group’s estimate of the number of equity instruments that will eventually vest with an offsetting entry in the “Salaries and social security” line item in the statement of financial position, measured at fair value. Changes in the fair value of the liability are recognized in net income in the statement of comprehensive income. At the end of each period, the Group reviews its estimate according to the number of equity instruments it expects will vest based on the non-market vesting conditions. The impact of the revision of the original estimates, if applicable, is recognized in the statement of comprehensive income.

Adoption of new standards and interpretations effective as from January 1, 2024

The Company has adopted all new and revised standards and interpretations, issued by the IASB, relevant to its operations which are of mandatory and effective application as of September 30, 2024, as described in Note 2.b.14) to the annual consolidated financial statements.

Standards and interpretations issued by the IASB as of January 1, 2024, whose application is not mandatory at the closing date of these condensed interim consolidated financial statements and have not been adopted by the Group

In accordance with Article 1, Chapter III, Title IV of the CNV Rules, the early application of the IFRS and/or their amendments is not permitted for issuers filing financial statements with the CNV, unless specifically admitted by such agency.

• IFRS 18 “Presentation and disclosure in financial statements”

In April 2024, the IASB issued IFRS 18, which replaces IAS 1 “Presentation of financial statements”, with the objective of providing better information on the financial performance of entities, improving their comparability, which is applicable to fiscal years beginning on or after January 1, 2027.

IFRS 18 introduces the following information requirements that can be grouped into 2 main groups:

• Group income and expenses into 3 defined categories: (i) operating; (ii) financing and (iii) investing, and include certain defined subtotals, such as the operating result and the result before financing and income tax, with the aim of improving the comparability of the statement of comprehensive income.

• Provide more information about the performance measures defined by management, which, although not mandatory, in the event of including this type of measures, the entity must disclose the reason why said measures are useful to financial statements users, their method of calculation, a reconciliation between to the most directly comparable subtotal from the statement of comprehensive income, among others.

Additionally, IFRS 18 establishes more detailed guidance on how to organize information within the financial statements and whether it should be provided in the primary financial statements or in the notes, with the aim of improving the grouping of information in the financial statements.

As of the date of issuance of these condensed interim consolidated financial statements, the Group is in the process of evaluating the effects of the application of IFRS 18.

• IFRS 19 "Subsidiaries without public accountability: Disclosures"

In May 2024, the IASB issued IFRS 19 with the objective of allowing the option to apply simplified disclosure requirements in the financial statements of subsidiaries without public accountability and with a parent company, ultimate or intermediate, that prepares consolidated financial statements for public use in accordance with IFRS. Its application is optional for fiscal years beginning on or after January 1, 2027.

HORACIO DANIEL MARÍN President

11

YPF SOCIEDAD ANONIMA NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

2. BASIS OF PREPARATION OF THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (cont.)

As of the date of issuance of these condensed interim consolidated financial statements, the Group is in the process of evaluating the effects of the application of IFRS 19 on the financial statements of its subsidiaries.

• Amendments to IFRS 9 "Financial instruments" and IFRS 7 "Financial instruments: Disclosures" - Amendments to the classification and measurement of financial instruments

In May 2024, the IASB issued amendments to IFRS 9 and IFRS 7 related to certain issues regarding the classification and measurement requirements of IFRS 9 and the disclosure requirements of IFRS 7, which are applicable for periods beginning on or after January 1, 2026:

• Introduce an accounting policy option for the derecognition of a financial liability when settlement is made through an electronic payment system and certain conditions are met.

• Clarify on certain assessments that an entity must perform on its financial assets, for example to determine whether a financial instrument contains contractual cash flows that are solely payments of principal and interest, or whether it also contains covenants of a contingent nature that could significantly change the timing or amount of contractual cash flows.

• Establish amendments to an entity's disclosures about investments in equity instruments measured at fair value through other comprehensive income, and the requirement to disclose contractual terms that could change the timing or amount of contractual cash flows in certain circumstances.

As of the date of issuance of these condensed interim consolidated financial statements, the Group is in the process of evaluating the effects of the application of these amendments.

• Annual Improvements to IFRS - Volume 11

In July 2024, the IASB issued the cycle of annual improvements Volume 11 which are applicable for fiscal years beginning on or after January 1, 2026. In general terms, the improvements include amendments and/or clarifications on certain paragraphs, delete, add and/or update cross-references, replace terms and align the wording between different accounting standards, among others.

A summary of the main modified standards follows:

Accounting Standard	Subject of amendments
IFRS 1 “First-time adoption of International Financial	Hedge accounting by a first-time adopter
Reporting Standards”
IFRS 7	Gain or loss on derecognition
Guidance on implementing NIIF 7	Disclosure of deferred difference between fair value and transaction Price
	Introduction and credit risk disclosures
IFRS 9	Derecognition of lease liabilities
	Transaction price
IFRS 10	Determination of a ‘de facto agent’
IAS 7 “Statement of cash flows”	Cost method

As of the date of issuance of these condensed interim consolidated financial statements, the Group is in the process of evaluating the effects of the application of these amendments.

HORACIO DANIEL MARÍN President

12

YPF SOCIEDAD ANONIMA NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

2. BASIS OF PREPARATION OF THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (cont.)

2.c) Significant estimates and key sources of estimation uncertainty

In preparing the financial statements at a certain date, the Group is required to make estimates and assessments affecting the amount of assets and liabilities recorded and the contingent assets and liabilities disclosed at such date, as well as income and expenses recognized in the period. Actual future profit or loss might differ from the estimates and assessments made at the date of preparation of these condensed interim consolidated financial statements.

The assumptions relating to the future and other key sources of uncertainty about the estimates made for the preparation of these condensed interim consolidated financial statements are consistent with those used by the Group in the preparation of the annual consolidated financial statements, which are disclosed in Note 2.c) to the annual consolidated financial statements.

2.d) Comparative information

Amounts and other information corresponding to the year ended December 31, 2023, are an integral part of these condensed interim consolidated financial statements and are intended to be read only in relation to these financial statements, considering the changes in comparative figures as mentioned in Note 6. Amounts corresponding to the ninemonth period ended September 30, 2023, presented in these financial statements for comparison purposes correspond to the functional currency of the company according to IAS 21 (see Note 2.b)).

Additionally, from this fiscal year, the Group has made a change in the presentation of the items in the “Financial results, net” line item in the statement of comprehensive income (see Note 29). This change is intended to provide more relevant and detailed information on the origin of financial results and the effects of transactions or conditions that affect the financial situation, financial performance, and cash flows of the Group such as interests and exchange differences generated by loans, among others; and improve the comparability of the Group's financial statements with its peers.

3. SEASONALITY OF OPERATIONS

Historically, the Group’s results have been subject to seasonal fluctuations throughout the year, particularly as a result of the increase in natural gas sales during the winter driven by the increased demand in the residential segment. Consequently, the Group is subject to seasonal fluctuations in its sales volumes and prices, with higher sales of natural gas during the winter at higher prices.

4. ACQUISITIONS AND DISPOSALS

Dissolution of the company YPF International

On May 6, 2024, the Plurinational Service of Registry of Commerce (“SEPREC” by its acronym in Spanish) of Bolivia approved the dissolution and liquidation of YPF International.

HORACIO DANIEL MARÍN President

13

YPF SOCIEDAD ANONIMA NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

5. FINANCIAL RISK MANAGEMENT

The Group's activities expose it to a variety of financial risks: Market risk (including exchange rate risk, interest rate risk, and price risk), credit risk and liquidity risk. Within the Group, risk management functions are conducted in relation to financial risks associated to financial instruments to which the Group is exposed during a certain period or as of a specific date.

During the nine-month period ended September 30, 2024, there were no significant changes in the administration or policies of risk management implemented by the Group as described in Note 4 to the annual consolidated financial statements.

• Liquidity risk management

Most of the Group’s loans contain market-standard covenants for contracts of this nature, which include financial covenants in respect of the Group’s leverage ratio and debt service coverage ratio, and events of defaults triggered by materially adverse judgements, among others. See Notes 16, 32 and 33 to the annual consolidated financial statements and Notes 17 and 33.

The Group monitors compliance with covenants on a quaterly basis. As of September 30, 2024, the Group is in compliace with its covenants.

6. BUSINESS SEGMENT INFORMATION

The different business segments in which the Group’s organization is structured consider the different activities from which the Group can obtain revenues and incur expenses. Such organizational structure is based on the way in which the chief decision maker analyzes the main operating and financial magnitudes for making decisions about resource allocation and performance assessment, also considering the business strategy of the Group.

Business segment information is presented consistently with the manner of reporting the information used by the chief decision maker to allocate resources and assess business segment performance.

The business segment structure is organized as follows:

• Upstream

The Upstream business segment performs all activities related to the exploration and exploitation of fields and production of crude oil and natural gas.

Its revenues are mainly derived from: (i) the sale of the crude oil produced to the Downstream business segment; and (ii) the sale of the natural gas produced and the natural gas retained in plant to the Gas and Power business segment.

It incurs all costs related to the activities mentioned above.

On July 1, 2024, certain assets related to the production of frac sand for well drilling/fracking purposes, which were formerly included in Upstream business segment, were assigned to Central Administration and Others. In addition, the comparative information for fiscal year ended December 31, 2023, has been restated.

• Downstream

The Downstream business segment performs activities related to: (i) crude oil refining and the production of petrochemical products; (ii) logistics related to the transportation of crude oil to the refineries and the transportation and distribution of refined and petrochemical products to be marketed at the different sales channels; (iii) commercialization of refined and petrochemical products obtained from such processes; (iv) commercialization of crude oil; and (v) commercialization of specialties for the agribusiness industry and of grains and their by-products.

HORACIO DANIEL MARÍN President

14

YPF SOCIEDAD ANONIMA NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

6. BUSINESS SEGMENT INFORMATION (cont.)

Its revenues are mainly derived from the sale of crude oil, refined and petrochemical products, specialties for the agribusiness industry and grains and their by-products. These operations are performed through the businesses of B2C (Retail), B2B (Industries, Transportation, Aviation, Agro, Lubricants and Specialties), LPG, Chemicals, International Trade and Transportation and Sales to Companies.

It incurs all costs related to the activities mentioned above, including the purchase of: (i) crude oil from the Upstream business segment and third parties; (ii) natural gasoline and natural gas to be consumed in the refinery and petrochemical industrial complexes from the Gas and Power business segment; and (iii) propane and butane to be commercialized from the Gas and Power business segment.

• Gas and Power

The Gas and Power business segment performs activities related to: (i) natural gas transportation to third parties and the Downstream business segment and its commercialization; (ii) commercial and technical operation of the LNG regasification terminal in Escobar by hiring regasification vessels; (iii) transportation, conditioning and processing of natural gas retained in plant for the separation and fractionation of natural gasoline, propane and butane; (iv) distribution of natural gas through our subsidiary Metrogas; and (v) the storage of the natural gas produced. Also, through our investments in associates and joint ventures, the Gas and Power business segment undertakes activities related to: (i) separation of natural gas liquids and their fractionation, storage and transportation for the production of ethane, propane, butane and natural gasoline; (ii) generation of conventional thermal electric power and renewable energy; and (iii) production, storage, distribution and sale of fertilizers.

Its revenues are mainly derived from the commercialization of natural gas as producers to third parties and the Downstream business segment, the distribution of natural gas through our subsidiary Metrogas, the sale of natural gasoline, propane and butane to the Downstream business segment and the provision of LNG regasification services.

It incurs all costs related to the activities mentioned above, including the purchase of natural gas and natural gas retained in plant from the Upstream business segment.

• Central Administration and Others

It covers other activities performed by the Group not falling under the business segments mentioned above and which are not reporting business segments, mainly comprising corporate administrative expenses and assets and construction activities.

On July 1, 2024, certain assets related to the production of frac sand for well drilling/fracking purposes, which were formerly included in Upstream business segment, were assigned to Central Administration and Others. In addition, the comparative information for fiscal year ended December 31, 2023, has been restated.

Sales between business segments were made at internal transfer prices established by the Group, which generally seek to approximate domestic market prices.

Operating profit or loss and assets of each business segment have been determined after consolidation adjustments.

HORACIO DANIEL MARÍN President

15

YPF SOCIEDAD ANONIMA

NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

6. BUSINESS SEGMENT INFORMATION (cont.)

For the nine-month period ended September 30, 2024 Revenues Revenues from intersegment sales Revenues	Upstream 37 6,269 6,306 1,095 (3) - 3,023 60 1,279 - 118 21 12,684	Downstream 11,813 53 11,866 1,116 19 843 81 346 21 60 - 10,252	Gas and Power 2,102 299 2,401 124 244 74 23 41 10 23 - 3,811	Central Administration and Others 590 769 1,359 (216) - 72 - 66 - - 5 2,233	Consolidation adjustments(1) - (7,390) (7,390) (109) - - - - - - - (222)	Total
						14,542 -
						14,542
.						2,010 263 (583) 1,690 987 2,677 4,012 164 1,732 31 201 26 28,758
Operating profit or loss Income from equity interests in associates and joint ventures
.
Net financial results Net profit before income tax Income tax Net profit for the period
.
Acquisitions of property, plant and equipment Acquisitions of right-of-use assets
.
Other income statement items Depreciation of property, plant and equipment(2) Amortization of intangible assets Depreciation of right-of-use assets Impairment of property, plant and equipment and inventories write-down(4)
.
Balance as of September 30, 2024 Assets .

HORACIO DANIEL MARÍN President

16

YPF SOCIEDAD ANONIMA NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

6. BUSINESS SEGMENT INFORMATION (cont.)

For the nine-month period ended September 30, 2023 Revenues Revenues from intersegment sales Revenues	Upstream 26 5,507 5,533 (209) (3) - 3,130 142 1,854 - 98 506 10,869	Downstream 10,988 80 11,068 441 21 817 19 346 22 54 - 9,916	Gas and Power 1,774 282 2,056 37 206 136 18 40 8 14 - 2,282	Central Administration and Others 329 788 1,117 (256) - 135 - 58 - - - 2,086	Consolidation adjustments(1) - (6,657) (6,657) 156 - - - - - (1) - (118)	Total
						13,117 -
						13,117
.						169 227 348 744 (160) 584 4,218 179 2,298 30 165 506 25,035
Operating profit or loss Income from equity interests in associates and joint ventures
.
Net financial results Net profit before income tax Income tax Net profit for the period
.
Acquisitions of property, plant and equipment Acquisitions of right-of-use assets
.
Other income statement items Depreciation of property, plant and equipment(2) Amortization of intangible assets Depreciation of right-of-use assets Impairment of property, plant and equipment(4) . Balance as of December 31, 2023 Assets .

(1) Corresponds to the eliminations among the business segments of the Group.

(2) Includes depreciation of charges for impairment of property, plant and equipment.

(3) Includes (56) and (15) of unproductive exploratory drillings as of September 30, 2024 and 2023. (4) See Notes 2.b.8), 2.c) and 8 to the annual consolidated financial statements and Note 12.

HORACIO DANIEL MARÍN President

17

YPF SOCIEDAD ANONIMA NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

7. FINANCIAL INSTRUMENTS BY CATEGORY

Fair value measurements

Fair value measurements are described in Note 6 to the annual consolidated financial statements.

The tables below show the Group’s financial assets measured at fair value as of September 30, 2024 and December 31, 2023, and their allocation to their fair value levels:

Financial Assets		As of September 30, 2024	As of September 30, 2024
	Level 1 303 11 314 209 209 523	Level 2 Level 3 - - - - - - - - - - - - As of December 31, 2023		Total
Investments in financial assets: - Public securities - NO Cash and cash equivalents: - Mutual funds . Financial Assets				303 11
				314
				209
				209
				523
	Level 1 114 - 114 96 96 210	Level 2 - - - - - -	Level 3 - - - - - -	Total
Investments in financial assets: - Public securities - NO Cash and cash equivalents: - Mutual funds				114 -
				114
				96
				96
				210

The Group has no financial liabilities measured at fair value through profit or loss.

Fair value estimates

During the nine-month period ended September 30, 2024, there have been no changes in macroeconomic circumstances that significantly affect the Group’s financial instruments measured at fair value.

During the nine-month period ended September 30, 2024, there were no transfers between the different hierarchies used to determine the fair value of the Group’s financial instruments.

Fair value of financial assets and financial liabilities measured at amortized cost

The estimated fair value of loans, considering unadjusted listed prices (Level 1) for NO and interest rates offered to the Group (Level 3) for the remaining financial loans, amounted to 8,650 and 7,547 as of September 30, 2024 and December 31, 2023, respectively.

The fair value of other receivables, trade receivables, investments in financial assets, cash and cash equivalents, other liabilities and accounts payable at amortized cost, do not differ significantly from their book value.

8. INTANGIBLE ASSETS

Net book value of intangible assets Provision for impairment of intangible assets	September 30, 2024 447 (40) 407	December 31, 2023
		407 (40)
		367

HORACIO DANIEL MARÍN

President

18

YPF SOCIEDAD ANONIMA NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

8. INTANGIBLE ASSETS (cont.)

The evolution of the Group's intangible assets for the nine-month period ended September 30, 2024 and as of the year ended December 31, 2023 is as follows:

Cost Accumulated amortization Balance as of December 31, 2022 . Cost Increases Translation effect Adjustment for inflation(1) Decreases, reclassifications and other movements . Accumulated amortization Increases Translation effect Adjustment for inflation(1) Decreases, reclassifications and other movements . Cost Accumulated amortization Balance as of December 31, 2023 . Cost Increases Translation effect Adjustment for inflation(1) Decreases, reclassifications and other movements . Accumulated amortization Increases Translation effect Adjustment for inflation(1) Decreases, reclassifications and other movements . Cost Accumulated amortization Balance as of September 30, 2024	Service concessions 933 675 258 31 - - - 28 - - - 964 703 261 52 - - - 20 - - - 1,016 723 293	Exploration rights 110 - 110 - - - - - - - - 110 - 110 - - - - - - - - 110 - 110	Other intangibles 453 397 56 2 (60) 36 - 9 (29) 18 - 431 395 36 3 (9) 46 - 11 (5) 26 - 471 427 44	Total
				1,496 1,072
				424
				33 (60) 36 - 37 (29) 18 - 1,505 1,098
				407
				55 (9) 46 - 31 (5) 26 - 1,597 1,150
				447

(1) Corresponds to adjustment for inflation of opening balances of intangible assets of subsidiaries with the peso as functional currency which was charged to “Other comprehensive income” in the statement of comprehensive income.

9. PROPERTY, PLANT AND EQUIPMENT

Net book value of property, plant and equipment Provision for obsolescence of materials and equipment Provision for impairment of property, plant and equipment	September 30, 2024 18,777 (204) (471) 18,102	December 31, 2023
		20,532 (171) (2,649)
		17,712

HORACIO DANIEL MARÍN

President

19

YPF SOCIEDAD ANONIMA

NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

9. PROPERTY, PLANT AND EQUIPMENT (cont.)

Changes in Group’s property, plant and equipment for the nine-month periods ended September 30, 2024 and as of the year ended December 31, 2023 are as follows:

Cost Accumulated depreciation Balance as of December 31, 2022 . Cost Increases Translation effect Adjustment for inflation(1) Decreases, reclassifications and other movements . Accumulated depreciation Increases Translation effect Adjustment for inflation(1) Decreases, reclassifications and other movements . Cost Accumulated depreciation Balance as of December 31, 2023 . Cost Increases Translation effect Adjustment for inflation(1) Decreases, reclassifications and other movements . Accumulated depreciation Increases Translation effect Adjustment for inflation(1) Decreases, reclassifications and other movements . Cost Accumulated depreciation Balance as of September 30, 2024	Land and buildings 1,395 700 695 1 (178) 106 16 28 (96) 57 (1) 1,340 688 652 - (28) 139 (117) 21 (15) 73 (72) 1,334 695 639	Mining property, wells and related equipment 50,087 42,294 7,793 511 - - 2,503 2,692 - - (92) 53,101 44,894 8,207 - - - (26,300) 1,590 - - (25,285) 26,801 21,199 5,602	Refinery equipment and petrochemical plants 8,677 5,494 3,183 99 - - 135 364 - - - 8,911 5,858 3,053 64 - - 134 263 - - - 9,109 6,121 2,988	Transportation equipment 528 359 169 6 (55) 33 165 30 (36) 22 (5) 677 370 307 6 (9) 45 (38) 30 (6) 30 (72) 681 352 329	Materials and equipment in warehouse 1,195 - 1,195 1,282 (19) 11 (1,030) - - - - 1,439 - 1,439 992 (3) 15 (843) - - - - 1,600 - 1,600	Drilling and work in progress 3,880 - 3,880 4,161 (46) 27 (2,357) - - - - 5,665 - 5,665 2,852 (4) 22 (2,423) - - - - 6,112 - 6,112	Exploratory drilling in progress 38 - 38 119 - - (26) - - - - 131 - 131 89 - - (114) - - - - 106 - 106	Furniture, fixtures and installations 832 761 71 4 (30) 18 45 36 (27) 16 - 869 786 83 2 (6) 28 (20) 28 (4) 20 (48) 873 782 91	Selling equipment 1,343 925 418 - - - 39 64 - - (8) 1,382 981 401 - - - 68 49 - - (3) 1,450 1,027 423	Infrastructure for natural gas distribution 1,159 586 573 - (904) 537 18 10 (455) 270 - 810 411 399 - (135) 685 3 19 (68) 345 (3) 1,363 704 659	Other property 930 684 246 8 (223) 131 (3) 28 (150) 88 (2) 843 648 195 7 (33) 166 (19) 25 (23) 119 (33) 964 736 228	Total 70,064 51,803 18,261 6,191 (1,455) 863 (495) 3,252 (764) 453 (108) 75,168 54,636 20,532 4,012 (218) 1,100 (29,669) (2) 2,025 (116) 587 (25,516) (2) 50,393 31,616 18,777

(1) Corresponds to adjustment for inflation of opening balances of property, plant and equipment of subsidiaries with the peso as functional currency which was charged to “Other comprehensive income” in the statement of comprehensive income. (2) Includes 29,230 and 25,454 of cost and accumulated depreciation, respectively, reclassified to the “Assets held for sale” line item in the statement of financial position, see Notes 2.b.13) and 38 to the annual consolidated financial statements.

HORACIO DANIEL MARÍN President

20

YPF SOCIEDAD ANONIMA

NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

9. PROPERTY, PLANT AND EQUIPMENT (cont.)

The Group capitalizes the financial cost of loans as part of the cost of the property, plant and equipment. For the ninemonth periods ended September 30, 2024 and 2023, the rate of capitalization was 7.44% and 8.26%, respectively, and the amount capitalized amounted to 5 and 14, respectively.

Set forth below is the evolution of the provision for obsolescence of materials and equipment for the nine-month period ended September 30, 2024 and as of the year ended December 31, 2023:

Balance as of December 31, 2022 Increases charged to profit or loss Applications due to utilization Translation effect Adjustment for inflation(1) Balance as of December 31, 2023 Increases charged to profit or loss Applications due to utilization Translation effect Adjustment for inflation(1) Balance as of September 30, 2024	Provision for obsolescence of materials and equipment
	151
	24 (4) (2) 2
	171
	32 - - 1
	204

(1) Corresponds to adjustment for inflation of opening balances of the provision for obsolescence of materials and equipment of subsidiaries with the peso as functional currency which was charged to “Other comprehensive income” in the statement of comprehensive income.

Set forth below is the evolution of the provision for impairment of property, plant and equipment for the nine-month period ended September 30, 2024 and as of the year ended December 31, 2023:

Balance as of December 31, 2022 Increases charged to profit or loss(1) Depreciation(2) Translation effect Adjustment for inflation(3) Reclassifications Balance as of December 31, 2023 Increases charged to profit or loss Depreciation(2) Translation effect Adjustment for inflation(3) Reclassifications(4) Balance as of September 30, 2024	Provision for impairment of property, plant and equipment
	600
	2,288 (236) (7) 4 -
	2,649
	5 (293) (2) 5 (1,893)
	471

(1) See Notes 2.c) and 8 to the annual consolidated financial statements.

(2) Included in “Depreciation of property, plant and equipment” in Note 27.

(3) Corresponds to adjustment for inflation of opening balances of the provision for impairment of property, plant and equipment of subsidiaries with the peso as functional currency which was charged to “Other comprehensive income” in the statement of comprehensive income.

(4) Includes 1,893 reclassified to the “Assets held for sale” line item in the statement of financial position, see Notes 2.b.13) and 38 to the annual consolidated financial statements.

On February 29, 2024, YPF’s Board of Directors resolved the disposal of certain groups of assets related to the Upstream business segment, mainly mature fields related to the CGU Oil, CGU Gas - Austral Basin and CGU Gas - Neuquina Basin. Accordingly, the assets were reclassified from “Property, plant and equipment” line item to “Assets held for sale” line item and the related provision for hydrocarbon wells abandonment obligations to “Liabilities directly associated with assets held for sale” line item as current items in the statement of financial position.

The carrying amount of the assets may be adjusted in future periods depending on the results of the disposition process conducted by YPF and the financial consideration to be agreed with third parties for such assets. In addition, the closing of such dispositions will be subject to the fulfillment of customary closing conditions, including applicable regulatory approvals. See Notes 2.b.13) and 38 to the annual consolidated financial statements and Note 34.b).

HORACIO DANIEL MARÍN President

21

YPF SOCIEDAD ANONIMA

NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

10. RIGHT-OF-USE ASSETS

The evolution of the Group's right-of-use assets for the nine-month period ended September 30, 2024 and as of the year ended December 31, 2023 are as follows:

Cost Accumulated depreciation Balance as of December 31, 2022 . Cost Increases Translation effect Adjustment for inflation(1) Decreases, reclassifications and other movements . Accumulated depreciation Increases Translation effect Adjustment for inflation(1) Decreases, reclassifications and other movements . Cost Accumulated depreciation Balance as of December 31, 2023 . Cost Increases Translation effect Adjustment for inflation(1) Decreases, reclassifications and other movements . Accumulated depreciation Increases Translation effect Adjustment for inflation(1) Decreases, reclassifications and other movements . Cost Accumulated depreciation Balance as of September 30, 2024	Land and buildings 33 19 14 13 (1) - (5) 6 (1) - - 40 24 16 9 - 1 - 5 - 1 - 50 30 20	Exploitation facilities and equipment 495 301 194 93 - - (21) 119 - - (4) 567 416 151 3 - - (15) 81 - - (15) 555 482 73	Machinery and equipment 283 209 74 169 - - (1) 43 - - - 451 252 199 85 - - (56) 64 - - (56) 480 260 220	Gas stations 100 44 56 1 (18) 11 - 9 (10) 6 - 94 49 45 1 (2) 13 - 8 (2) 9 - 106 64 42	Transportation equipment 370 167 203 128 - - - 111 - - - 498 278 220 66 - - (11) 90 - - (11) 553 357 196	Total
						1,281 740
						541
						404 (19) 11 (27) 288 (11) 6 (4) 1,650 1,019
						631
						164 (2) 14 (82) 248 (2) 10 (82) 1,744 1,193
						551

(1) Corresponds to adjustment for inflation of opening balances of right-of-use assets of subsidiaries with the peso as functional currency which was charged to “Other comprehensive income” in the statement of comprehensive income.

11. INVESTMENTS IN ASSOCIATES AND JOINT VENTURES

The following table shows the value of the investments in associates and joint ventures at an aggregate level, as of September 30, 2024 and December 31, 2023:

Amount of investments in associates Amount of investments in joint ventures	September 30, 2024 181 1,677 1,858	December 31, 2023 142 1,534 1,676

HORACIO DANIEL MARÍN President

22

YPF SOCIEDAD ANONIMA

NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

11. INVESTMENTS IN ASSOCIATES AND JOINT VENTURES (cont.)

The main movements during the nine-month period ended September 30, 2024 and as of the year ended December 31, 2023 which affected the value of the aforementioned investments, correspond to:

Balance as of December 31, 2022 Acquisitions and contributions Income on investments in associates and joint ventures Distributed dividends Translation differences Adjustment for inflation(1) Balance as of December 31, 2023 Acquisitions and contributions Income on investments in associates and joint ventures Distributed dividends Translation differences Adjustment for inflation(1) Balance as of September 30, 2024	Investments in associates andjoint ventures
	1,905
	5 94 (275) (99) 46
	1,676
	- 263 (138) (11) 68
	1,858

(1) Corresponds to adjustment for inflation of opening balances of associates and joint ventures with the peso as functional currency which was charged to “Other comprehensive income” in the statement of comprehensive income. See Note 2.b.1) to the annual consolidated financial statements.

The following table shows the principal amounts of the results of the investments in associates and joint ventures of the Group, calculated according to the equity method, for the nine-month periods ended September 30, 2024 and 2023. The values reported by these companies have been adjusted, if applicable, to adapt them to the accounting policies used by the Company for the calculation of the equity method value in the aforementioned dates:

Net income Other comprehensive income Comprehensive income	Associates For the nine-month periods ended September 30, 2024 2023 4 21 38 (2) 42 19	Joint ventures	Joint ventures
		For the nine-month periods ended September 30,
	2024 4 38 42	2024 259 19 278	2023
			206 (23)
			183

The Company has no investments in subsidiaries with significant non-controlling interests. Likewise, the Company has no significant investments in associates and joint ventures, except for the investment in YPF EE.

HORACIO DANIEL MARÍN President

23

YPF SOCIEDAD ANONIMA

NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

11. INVESTMENTS IN ASSOCIATES AND JOINT VENTURES (cont.)

The financial information corresponding to YPF EE’s assets and liabilities as of September 30, 2024 and December 31, 2023, as well as the results for the nine-month periods ended September 30, 2024 and 2023, are detailed below:

Total non-current assets Cash and cash equivalents Other current assets Total current assets Total assets	September 30, 2024(1) December 31, 2023(1) 2,089 2,102 251 114 222 152 473 266 2,562 2,368 716 720 162 204 878 924 267 188 140 143 407 331 1,285 1,255 1,277 1,113 - 35 969.00 806.95 For the nine-monthperiods ended September 30,	December 31, 2023(1)
		2,102 114 152 266
		2,368
.		720 204 924 188 143 331
Financial liabilities (excluding items "Accounts payable", "Provisions" and "Other liabilities") Other non-current liabilities Total non-current liabilities Financial liabilities (excluding items "Accounts payable", "Provisions" and "Other liabilities") Other current liabilities Total current liabilities Total liabilities
		1,255
.
Total shareholders’ equity(2) . Dividends received(3) . Closing exchange rates(4) . Revenues Interest income Depreciation and amortization Interest loss Income tax Operating profit		1,113
	2024(1) 393 26 (113) (47) 37 153 170 212 382 887.24	2023(1)
		393 73 (97) (43) (37) 223
.
Net profit Other comprehensive income Total comprehensive income . Average exchange rates(4)		79 830
		909
		246.84

(1) The financial information arises from the statutory condensed interim consolidated financial statements of YPF EE and the amounts are translated to U.S. dollars using the exchange rates indicated. On this information, accounting adjustments have been made for the calculation of equity interest and results of YPF EE. The equity and adjusted results do not differ significantly from the financial information disclosed here.

(2) Includes the non-controlling interest.

(3) The amounts are translated to U.S. dollars using the exchange rate at the date of the dividends’ payment.

(4) Corresponds to the average seller/buyer exchange rate of BNA.

HORACIO DANIEL MARÍN

President

24

YPF SOCIEDAD ANONIMA

NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

12. INVENTORIES

Finished goods Crude oil and natural gas Products in process Raw materials, packaging materials and others	September 30, 2024 1,094 442 (2) 51 126 1,713 (1)	December 31, 2023 1,052 507 45 79 1,683 (1)

(1) As of September 30, 2024 and December 31, 2023, the carrying amount of inventories does not exceed their net realizable value.

(2) Includes 21 corresponding to the inventories write-down, see Note 2.b.8) to the annual consolidated financial statements.

13. OTHER RECEIVABLES

Receivables from services and sales of other assets Tax credit and export rebates Loans and balances with related parties(1) Collateral deposits Prepaid expenses Advances and loans to employees Advances to suppliers and custom agents(2) Receivables with partners in JA Miscellaneous . Provision for other doubtful receivables	September 30, 2024 Non-current Current 3 22 115 151 147 11 - 13 15 20 - 5 - 105 4 145 7 26 291 498 (1) - 290 498	December 31, 2023	December 31, 2023
		Non-current - 83 43 - 18 - - 8 7 159 (1) 158	Current
			11 44 6 13 33 3 84 155 32
			381 -
			381

(1) See Note 36 for information about related parties.

(2) Includes, among others, advances to custom agents for the payment of taxes and import rights related to the imports of fuels and goods.

14. TRADE RECEIVABLES

Accounts receivable and related parties(1) (2) Provision for doubtful trade receivables	September 30, 2024 Non-current Current 41 1,993 (10) (57) 31 1,936	December	31, 2023
	Non-current 41 (10) 31	Non-current 43 (12) 31	Current 1,020 (47) 973

(1) See Note 36 for information about related parties.

(2) See Note 25 for information about credits for contracts included in trade receivables.

Set forth below is the evolution of the provision for doubtful trade receivables for the nine-month period ended September 30, 2024 and for the fiscal year ended December 31, 2023:

Balance as of December 31, 2022 Increases charged to expenses Decreases charged to income Applications due to utilization Net exchange and translation differences Result from net monetary position(1) Balance as of December 31, 2023 Increases charged to expenses Decreases charged to income Applications due to utilization Net exchange and translation differences Result from net monetary position(1) Balance as of September 30, 2024

Provision for doubtful trade receivables Non-current Current 55 (2) 76 - 20 - (2) - (3) (43) (42) - (2) 12 (2) 47 - 72 (3 - (6) - (49) (3 (2) (5) - (2) 10 (2) 57

Non-current 55 (2) - - - (43) - 12 (2) - - - (2) - 10 (2)

(1) Includes the adjustment for inflation of opening balances of the provision for doubtful trade receivables of subsidiaries with the peso as functional currency which was charged to “Other comprehensive income” in the statement of comprehensive income and the adjustment for inflation of the period, which was charged to net profit or loss in the statement of comprehensive income.

(2) Mainly including credits with natural gas distributors for the accumulated daily differences pursuant to Decree No. 1,053/2018, see Note 35.c.1) to the annual consolidated financial statements.

(3) Mainly including credits with CAMMESA, see Note 36.

HORACIO DANIEL MARÍN

President

25

YPF SOCIEDAD ANONIMA

NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

15. INVESTMENTS IN FINANCIAL ASSETS

15. INVESTMENTS IN FINANCIAL ASSETS
Investments at amortized cost Public securities(1) Private securities - NO and stock market promissory notes Term deposits Investments at fair value through profit or loss Public securities(1) Private securities - NO and stock market promissory notes	September 30, 2024 Non-current Current - - - 4 - - - 4 - 303 - 11 - 314 - 318	December	31, 2023 Current 99 4 47 (2) 150 114 - 114 264
	Non-current - - - - - - - -	Non-current - 8 - 8 - - - 8

(1) See Note 36.

(2) Corresponds to term deposits with the BNA.

16. CASH AND CASH EQUIVALENTS

Cash and banks(1) Short-term investments(2) (3) Financial assets at fair value through profit or loss(4)	September 30, 2024 355 313 209 877	December 31, 2023
		230 797 96
		1,123

(1) Includes balances granted as collateral. See Note 34.e) to the annual consolidated financial statements.

(2) Includes 57 and 727 of BCRA bills as of September 30, 2024 and December 31, 2023, respectively.

(3) Includes 164 and 45 of term deposits and other investments with the BNA as of September 30, 2024 and December 31, 2023, respectively. (4) See Note 7.

17. PROVISIONS

Changes in the Group’s provisions for the nine-month period ended September 30, 2024 and for the fiscal year ended December 31, 2023 are as follows:

Balance as of December 31, 2022 Increases charged to expenses Decreases charged to income Applications due to utilization Net exchange and translation differences Result from net monetary position(1) Reclassifications and other movements Balance as of December 31, 2023 Increases charged to expenses Decreases charged to income Applications due to utilization Net exchange and translation differences Result from net monetary position(1) Reclassifications and other movements(4) Balance as of September 30, 2024	Provision for lawsuits and contingencies Non- current Current 571 22 89 3 (26) (6) (1) (318) (3) (110) (1) (1) - (456) (2) 321 66 21 64 - (4) - (3) (6) (9) (1) (2) - (6) 6 106 20	Provisi environment	on for al liabilities Current 46 - - (50) (38) - 76 34 - - (44) (5) - 55 40	Provision for hydrocarbon wells abandonment obligations Non- current Current 1,904 131 264 - (12) - - (122) - - - - 390 117 2,546 126 111 - - - - (26) - - - - (2,048) 26 609 126	Tot	al
	Non- current 571 89 (26) (1) (110) (1) (456) (2) 66 64 (4) (3) (9) (2) (6) 106	Non- current 96 80 - - (52) - (76) 48 103 - - (1) - (109) 41		Non- current 1,904 264 (12) - - - 390 2,546 111 - - - - (2,048) 609	Non- current 2,571 433 (38) (1) (162) (1) (142) 2,660 278 (4) (3) (10) (2) (2,163) 756	Current
						199
						3 (6) (490) (39) - 514
						181
						- - (76) (6) - 87
						186

(1) Includes the adjustment for inflation of opening balances of provisions of subsidiaries with the peso as functional currency which was charged to “Other comprehensive income” in the statement of comprehensive income and the adjustment for inflation of the period, which was charged to net profit or loss in the statement of comprehensive income.

(2) Includes 134 reclassified as “Other liabilities” in the statement of financial position due to the settlement agreement entered with TGN and 286 reclassified as current “Provision for lawsuits and contingencies” due to the Trust Settlement Agreement, see Notes 16.a.2) and 32 to the annual consolidated financial statements, respectively.

(3) Includes the payment of the amount for the Trust Settlement Agreement, see Note 32 to the annual consolidated financial statements.

(4) Includes 2,023 and 54 corresponding to the provisions for hydrocarbon wells abandonment obligations and for environmental liabilities, respectively, reclassified to the “Liabilities directly associated with assets held for sale” line item in the statement of financial position, see Notes 2.b.13) and 38 to the annual consolidated financial statements and Note 9.

HORACIO DANIEL MARÍN President

26

YPF SOCIEDAD ANONIMA NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

17. PROVISIONS (cont.)

Provisions are described in Note 16 to the annual consolidated financial statements. Updates for the nine-month period ended September 30, 2024 are described below:

17.a) Provision for lawsuits and contingencies

Environmental claims

• La Plata

On August 29, 2024 the Court of Appeals confirmed the obligation to cease and remedy the environmental damage determined in the first instance. The co-defendants filed an extraordinary appeal to the CSJN and, as of the date of issuance of these condensed interim consolidated financial statements, such appeal is pending resolution.

18. INCOME TAX

According to IAS 34, income tax expense is recognized in each interim period based on the best estimate of the effective income tax rate expected as of the closing date of these condensed interim consolidated financial statements, considering the tax criteria that the Group assumes to apply during the fiscal year. If the estimate of such rate is modified based on new elements of judgment, the income tax expense could require adjustments in subsequent periods.

In relation to such tax criteria, the income tax expense contemplates the application of the integral inflation adjustment mechanism applicable to property, plant and equipment, and the indexation of the accumulated tax losses carryforward until the concurrence of the projected tax result of the fiscal year 2024, all considering that the assumption of confiscation would be verified in accordance with the jurisprudence of the CSJN in force as of the date of issuance of these consolidated financial statements.

The Group considers having strong arguments to successfully defend such assumed tax criteria, in the event of a possible controversy with the tax authorities, in accordance with the guidelines of IFRIC 23 “Uncertainty over income tax treatments". As of September 30, 2024, the assumed tax criteria generates a profit of 416.

The income tax charge for the nine-month period ending September 30, 2024 is a profit of 987. The amount accrued for the nine-month periods ending September 30, 2024 and 2023 is as follows:

Current income tax Deferred income tax	For the nine-month periods ended September 30,	For the nine-month periods ended September 30,
	2024 (87) 1,074 987	2023
		(31) (129)
		(160)

HORACIO DANIEL MARÍN President

27

YPF SOCIEDAD ANONIMA

NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

18. INCOME TAX (cont.)

The reconciliation between the income tax charge for the nine-month periods ended September 30, 2024 and 2023 and the one that would result from applying the prevailing tax rate on net profit or loss before income tax arising from the condensed interim consolidated statements of comprehensive income for each period is as follows:

Net profit before income tax Average tax rate(1) Average tax rate applied to net profit before income tax Effect of the valuation of property, plant and equipment, intangible assets and assets held for sale, net Effect of exchange differences and other results associated to the valuation of the currency, net(2) Effect of the valuation of inventories Income on investments in associates and joint ventures Effect of tax rate change(3) Effect of application of indexation mechanisms Miscellaneous Income tax

For the nine-month periods ended September 30, 2024 2023 1,690 744 25.33% 25.27% (428) (188) 2,110 (47) (1,547) 390 (104) (291) 66 57 457 (198) 416 - 17 117 (4) 987 (160)

2024 1,690 25.33% (428) 2,110 (1,547) (104) 66 457 416 17 987

(1) Corresponds to the average projected tax rate of YPF and its subsidiaries in compliance with amendment to Law No. 27,630. See Note 35.e.1) to the annual consolidated financial statements.

(2) Includes the effect of tax inflation adjustments.

(3) Corresponds to the remediation of deferred income tax balances at the time of reversal, see Note 35.e.1) to the annual consolidated financial statements.

(4) Includes 32 corresponding to the tax criteria adopted in the 2023 tax return for fiscal year 2022 of the subsidiary Metrogas.

The breakdown of the Group's deferred tax assets and liabilities as of September 30, 2024 and December 31, 2023 is as follows:

Deferred tax assets Provisions and other non-deductible liabilities Property, plant and equipment and others(1) Lease liabilities Tax losses carryforward Miscellaneous Total deferred tax assets . Deferred tax liabilities Property, plant and equipment and others(2) Adjustment for tax inflation(3) Right-of-use assets Miscellaneous Total deferred tax liabilities Total Net deferred tax	September 30, 2024 167 568 205 11 1 952 (291) (467) (193) (26) (977) (25) (4)	December 31, 2023
		113 - 234 1,782 1
		2,130
		(2,017) (1,078) (221) (38)
		(3,354)
		(1,224)

(1) Includes the deferred tax corresponding to property, plant and equipment and assets held for sale.

(2) Includes the deferred tax corresponding to property, plant and equipment, intangible assets and inventories.

(3) Includes the effect of the deferral of the tax inflation adjustment. See “Budget Law 2023 - Deferral of tax adjustment for inflation” section Note 35.e.1) to the annual consolidated financial statements.

(4) Includes (56) corresponding to adjustment for inflation of the opening deferred tax liability of subsidiaries with the peso as functional currency which was charged to “Other comprehensive income” in the statement of comprehensive income and includes 181 corresponding to the effect of the translation.

As of September 30, 2024 and December 31, 2023, the causes that generated imputations within “Other comprehensive income” line item in the statement of comprehensive income did not generate temporary differences subject to income tax.

As of September 30, 2024 and December 31, 2023 the Group has classified as deferred tax assets 67 and 18, respectively, and as deferred tax liability 92 and 1,242, respectively, all of which arise from the net deferred tax balances of each of the separate companies included in these condensed interim consolidated financial statements.

HORACIO DANIEL MARÍN President

28

YPF SOCIEDAD ANONIMA

NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

19. TAXES PAYABLE

9. TAXES PAYABLE
VAT Withholdings and perceptions Royalties Fuels tax Turnover tax Miscellaneous	September 30, 2024 32 50 93 55 12 18 260	December 31, 2023
		22 21 75 - 7 14
		139

20. SALARIES AND SOCIAL SECURITY

Salaries and social security Bonuses and incentives provision Cash-settled share-based payments provision(2) Vacation provision Other employee benefits(1)	September 30, 2024 Non-current Current - 156 - 144 7 - - 83 1 6 8 389	December 31, 2023	December 31, 2023
	Non-current - - 7 - 1 8	Non-current - - - - - -	Current
			58 104 - 45 3
			210

(1) Includes the voluntary retirement plan executed by the Group.

(2) Corresponding to the Value Generation Plan. See Note 37.

21. LEASE LIABILITIES

The evolution of the Group's leases liabilities for the nine-month period ended September 30, 2024 and for the fiscal year ended December 31, 2023, are as follows:

Balance as of December 31, 2022 Leases increases Financial accretions Leases decreases Payments Net exchange and translation differences Result from net monetary position(1) Balance as of December 31, 2023 Leases increases Financial accretions Leases decreases Payments Net exchange and translation differences Result from net monetary position(1) Balance as of September 30, 2024	Lease liabilities
	566
	404 77 (23) (359) - 1
	666
	164 54 - (298) - -
	586

(1) Includes the adjustment for inflation of opening balances of lease liabilities of subsidiaries with the peso as functional currency, which was charged to “Other comprehensive income” in the statement of comprehensive income and the adjustment for inflation of the period, which was charged to net profit or loss in the statement of comprehensive income.

HORACIO DANIEL MARÍN

President

29

YPF SOCIEDAD ANONIMA

NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

22. LOANS

2. LOANS
Pesos: NO Export pre-financing(5) Loans Account overdrafts Currencies other than the peso:	Interest rate (1) - 37.88% - 37.88% 40.48% - 56.35% - 0.00% - 10.00% 1.90% - 10.89% 8.80% - 16.00% 0.00% - 14.10% 0.00% - 0.00%	Maturity - 2025 2024-2026 - 2024-2047 2024-2025 2024-2026 2024-2030 2025-2026	September 30, 2024 Non-current Current - - - 31 22 4 - - 22 35 6,178 1,273 - 361 (4) 19 18 625 70 25 75 6,847 1,797 6,869 1,832	December	31, 2023 Current 60 - 15 56 131 767 545 (4) - 65 - 1,377 1,508
			Non-current - - 22 - 22 6,178 - 19 625 25 6,847 6,869	Non-current - - 9 - 9 6,191 102 - 380 - 6,673 6,682
NO(2) (3) Export pre-financing Imports financing Loans Stock market promissory notes

(1) Nominal annual interest rate as of September 30, 2024.

(2) Disclosed net of 15 and 3 corresponding to YPF’s own NO repurchased through open market transactions, as of September 30, 2024, and December 31, 2023, respectively.

(3) Includes 1,596 and 1,327 as of September 30, 2024, and December 31, 2023, respectively, of nominal value that will be canceled in pesos at the applicable exchange rate in accordance with the terms of the series issued.

(4) Includes 83 and 86 as of September 30, 2024, and December 31, 2023, respectively, of pre-financing of exports granted by BNA.

(5) Corresponds to pre-financing of exports in pesos granted by BNA.

Set forth below is the evolution of the loans for nine-month period ended September 30, 2024 and for the fiscal year ended December 31, 2023:

Balance as of December 31, 2022 Proceeds from loans Payments of loans Payments of interest Account overdrafts, net Accrued interest(1) Net exchange and translation differences Result from net monetary position(2) Balance as of December 31, 2023 Proceeds from loans Payments of loans Payments of interest Account overdrafts, net Accrued interest(1) Net exchange and translation differences Result from net monetary position(2) Balance as of September 30, 2024	Loans
	7,088
	2,667 (1,396) (623) (3) 702 (239) (6)
	8,190
	2,652 (1,994) (601) (48) 530 (28) -
	8,701

(1) Includes capitalized financial costs.

(2) Includes the adjustment for inflation of opening balances of loans of subsidiaries with the peso as functional currency which was charged to “Other comprehensive income” in the statement of comprehensive income and the adjustment for inflation of the period, which was charged to net profit or loss in the statement of comprehensive income.

On August 29, 2024, the Company announced an offer for the purchase of the Class XXXIX and Class LIII NO due July 28, 2025 and July 21, 2027, respectively, for principal amount of 500, having received and accepted purchase orders for 334 of the Class XXXIX NO and for 166 of the Class LIII NO, which were completely cancelled as of September 16, 2024 plus the corresponding interest.

On September 5, 2024 the Company announced an exchange offer for the Class XXXIX NO due July 2025 by offering additional Class XXXI NO, denominated and payable in U.S. dollars at a fixed rate of 8.75% maturing in September 2031 for a notional amount of up to 500, extendable up to the maximum authorized amount. Having received offers for 40 on September 20, 2024 the Company canceled 40 of the Class XXXIX NO offered in exchange and issued additional new Class XXXI NO for an equivalent amount.

HORACIO DANIEL MARÍN President

30

YPF SOCIEDAD ANONIMA

NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

22. LOANS (cont.)

Details regarding the NO of the Group are as follows:

Details regarding the NO of the Group are as follows:
Month Year Principal value(3) YPF - 1998 U.S. dollar 15 April, February, October 2014/15/16 U.S. dollar 521 September 2014 Peso 1,000 April 2015 U.S. dollar 757 July, December 2017 U.S. dollar 644 December 2017 U.S. dollar 537 June 2019 U.S. dollar 399 July 2020 U.S. dollar 341 February 2021 U.S. dollar 776 February 2021 U.S. dollar 748 February 2021 U.S. dollar 576 February 2021 Peso 4,128 July 2021 U.S. dollar 384 January 2023 U.S. dollar 230 January, April 2023 Peso 15,761 April 2023 U.S. dollar 147 April 2023 U.S. dollar 38 June 2023 U.S. dollar 263 September(2) 2023 U.S. dollar 400 October(2) 2023 U.S. dollar 128 January 2024 U.S. dollar 800 May 2024 U.S. dollar 178 July 2024 U.S. dollar 185 September 2024 U.S. dollar 540	Class - Class XXVIII Class XXXIV Class XXXIX Class LIII Class LIV Class I Class XIII Class XVI Class XVII Class XVIII Class XIX Class XX Class XXI Class XXII Class XXIII Class XXIV Class XXV Class XXVI Class XXVII Class XXVIII Class XXIX Class XXX Class XXXI	Interest rate (1) Principal maturity Fixed 10.00% 2028 - - - - - - Fixed 8.50% 2025 Fixed 6.95% 2027 Fixed 7.00% 2047 Fixed 8.50% 2029 Fixed 8.50% 2025 Fixed 9.00% 2026 Fixed 9.00% 2029 Fixed 7.00% 2033 - - - Fixed 5.75% 2032 Fixed 1.00% 2026 - - - Fixed 0.00% 2025 Fixed 1.00% 2027 Fixed 5.00% 2026 Fixed 0.00% 2028 Fixed 0.00% 2026 Fixed 9.50% 2031 Fixed 6.00% 2026 Fixed 1.00% 2026 Fixed 8.75% 2031	September 30, 2024 Non-current Current 15 1 - - - - (4) - 769 649 8 530 11 398 9 - 43 128 233 757 16 555 - - - 384 4 220 - - - - 152 38 - 261 4 400 - 151 - 790 16 177 4 187 - 538 3 6,178 1,273	December 31, 2023 Non-current Current 15 - - 354 - - (4) 1,132 41 816 25 530 1 397 - 43 88 307 235 758 - 553 11 - 35 384 10 229 1 - 25 158 - 38 - 262 1 400 - 169 - - - - - - - - - 6,191 827
			Non-current 15 - - - 649 530 398 - 128 757 555 - 384 220 - - 38 261 400 151 790 177 187 538 6,178	Non-current 15 - - 1,132 816 530 397 43 307 758 553 - 384 229 - 158 38 262 400 169 - - - - 6,191

(1) Nominal annual interest rate as of September 30, 2024.

(2) During the nine-month period ended September 30, 2024, the Group has fully complied with the use of proceeds disclosed in the corresponding pricing supplements. (3) Total nominal value issued without including the nominal values canceled through exchanges or repurchases, expressed in millions.

(4) The registered amount is less than 1.

HORACIO DANIEL MARÍN President

31

YPF SOCIEDAD ANONIMA

NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

23. OTHER LIABILITIES

Liabilities for concessions and assignment agreements Liabilities for contractual claims(1) Miscellaneous	September	30, 2024 Current 131 45 5 181	December 31, 2023	December 31, 2023
	Non-current - 71 - 71		Non-current 8 104 - 112	Current
				67 49 6
				122

(1) See Note 16.a.2) to the annual consolidated financial statements.

24. ACCOUNTS PAYABLE

Trade payable and related parties(1) Guarantee deposits Payables with partners of JA and other agreements Miscellaneous	September 30, 2024 Non-current Current 5 2,922 - 4 1 41 - 12 6 2,979	December 31, 2023	December 31, 2023
	Non-current 5 - 1 - 6	Non-current 4 - 1 - 5	Current 2,285 4 14 16 2,319

(1) See Note 36 for information about related parties.

25. REVENUES

Revenue from contracts with customers National Government incentives(1)	For the nine-month periods ended September 30,	For the nine-month periods ended September 30,
	2024 14,367 175 14,542	2023
		12,881 236
		13,117

(1) See Note 36.

The Group’s transactions and the main revenues are described in Note 6. The Group classifies revenues from contracts with customers in accordance with Note 24 to the annual consolidated financial statements. The Group's revenues from contracts with customers are broken down into the following categories, as described in Note 2.b.12) to the annual consolidated financial statements:

• Breakdown of revenues

Type of good or service

Diesel Gasolines Natural gas(1) Crude oil Jet fuel Lubricants and by-products LPG Fuel oil Petrochemicals Fertilizers and crop protection products Flours, oils and grains Asphalts Goods for resale at gas stations Income from services Income from construction contracts Virgin naphtha Petroleum coke LNG regasification Other goods and services		For the nine-monthperiod ended September 30, 2024	For the nine-monthperiod ended September 30, 2024	For the nine-monthperiod ended September 30, 2024
	Upstream - - - - - - - - - - - - - - - - - - 37 37	Downstream 4,956 3,009 13 748 708 400 339 99 364 271 327 62 88 - - 112 150 - 157 11,803	Gas and Power - - 1,772 - - - - - - - - - - - - - - 43 122 1,937	Central Administration and Others - - - - - - - - - - - - - 133 303 - - - 154 590	Total
					4,956 3,009 1,785 748 708 400 339 99 364 271 327 62 88 133 303 112 150 43 470
					14,367

HORACIO DANIEL MARÍN President

32

YPF SOCIEDAD ANONIMA

NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

25. REVENUES (cont.)

Diesel Gasolines Natural gas(1) Crude oil Jet fuel Lubricants and by-products LPG Fuel oil Petrochemicals Fertilizers and crop protection products Flours, oils and grains Asphalts Goods for resale at gas stations Income from services Income from construction contracts Virgin naphtha Petroleum coke LNG regasification Other goods and services		For the nine-monthperiod ended September 30, 2023	For the nine-monthperiod ended September 30, 2023	For the nine-monthperiod ended September 30, 2023
	Upstream - - - - - - - - - - - - - - - - - - 26 26	Downstream 4,898 2,550 9 258 753 442 292 71 342 433 197 134 85 - - 121 214 - 127 10,926	Gas and Power - - 1,350 - - - - - - - - - - - - - - 37 213 1,600	Central Administration and Others - - - - - - - - - - - - - 107 108 - - - 114 329	Total
					4,898 2,550 1,359 258 753 442 292 71 342 433 197 134 85 107 108 121 214 37 480
					12,881

(1) Includes 1,243 and 1,103 corresponding to sales of natural gas produced by the Company for the nine-month periods ended September 30, 2024 and 2023, respectively.

Sales channels

Gas stations Power plants Distribution companies Retail distribution of natural gas Industries, transport and aviation Agriculture Petrochemical industry Trading Oil companies Commercialization of LPG Other sales channels		For the nine-monthperiod ended September 30, 2024	For the nine-monthperiod ended September 30, 2024	For the nine-monthperiod ended September 30, 2024	Total
	Upstream - - - - - - - - - - 37 37	Downstream 5,255 48 - - 2,967 1,307 510 1,251 148 127 190 11,803	Gas and Power - 343 256 353 894 - - - - - 91 1,937	Central Administration and Others - - - - - - - - - - 590 590
					5,255 391 256 353 3,861 1,307 510 1,251 148 127 908
					14,367

Gas stations Power plants Distribution companies Retail distribution of natural gas Industries, transport and aviation Agriculture Petrochemical industry Trading Oil companies Commercialization of LPG Other sales channels		For the nine-monthperiod ended September 30, 2023	For the nine-monthperiod ended September 30, 2023	For the nine-monthperiod ended September 30, 2023
	Upstream - - - - - - - - - - 26 26	Downstream 4,835 46 - - 3,115 1,365 474 699 113 109 170 10,926	Gas and Power - 325 145 218 823 - - - - - 89 1,600	Central Administration and Others - - - - - - - - - - 329 329	Total 4,835 371 145 218 3,938 1,365 474 699 113 109 614 12,881

HORACIO DANIEL MARÍN President

33

YPF SOCIEDAD ANONIMA

NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

25. REVENUES (cont.)

Target market

Sales in the domestic market amounted to 12,218 and 11,530 for the nine-month periods ended September 30, 2024 and 2023, respectively.

Sales in the international market amounted to 2,149 and 1,351 for the nine-month periods ended September 30, 2024 and 2023, respectively.

• Contract balances

The following table reflects information regarding credits, contract assets and contract liabilities:

Credits for contracts included in the item of "Trade receivables" Contract assets Contract liabilities	September 30, 2024 Non-current Current 41 1,885 - 38 31 77	December 31, 2023	December 31, 2023
	Non-current 41 - 31	Non-current 41 - 34	Current
			993 10 69

Contract assets are mainly related to the activities carried out by the Group under construction contracts.

Contract liabilities are mainly related to advances received from customers under the contracts for the sale of fuels and agribusiness products and transportation service contracts, among others.

During the nine-month periods ended September 30, 2024 and 2023 the Group has recognized 57 and 56, respectively, in the “Revenues from contracts with customers” line under the “Revenues” line item in the statement of comprehensive income, which have been included in “Contract liabilities” line item in the statement of financial position at the beginning of each year.

26. COSTS

6. COSTS
Inventories at beginning of year Purchases Production costs(1) Translation effect Inventories write-down Adjustment for inflation(2) Inventories at end of the period	For the nine-month periods ended September 30,
	2024 1,683 3,511 6,673 (7) (21) 28 (1,713) 10,154	2023
		1,738 3,872 6,649 (18) - 20 (1,764)
		10,497

(1) See Note 27.

(2) Corresponds to adjustment for inflation of opening balances of inventories of subsidiaries with the peso as functional currency, which was charged to “Other comprehensive income” in the statement of comprehensive income.

HORACIO DANIEL MARÍN President

34

YPF SOCIEDAD ANONIMA

NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

27. EXPENSES BY NATURE

The Group presents the statement of comprehensive income by classifying expenses according to their function as part of the “Costs”, “Administrative expenses”, “Selling expenses” and “Exploration expenses” lines. The following additional information is disclosed as required on the nature of the expenses and their relation to the function within the Group for the nine-month periods ended September 30, 2024 and 2023:

he nine-month periods ended September	30, 2024 and 2023:	30, 2024 and 2023:	30, 2024 and 2023:	30, 2024 and 2023:
Salaries and social security taxes Fees and compensation for services Other personnel expenses Taxes, charges and contributions Royalties, easements and fees Insurance Rental of real estate and equipment Survey expenses Depreciation of property, plant and equipment Amortization of intangible assets Depreciation of right-of-use assets Industrial inputs, consumable materials and supplies Operation services and other service contracts Preservation, repair and maintenance Unproductive exploratory drillings Transportation, products and charges Provision for doubtful trade receivables Publicity and advertising expenses Fuel, gas, energy and miscellaneous	For the nine-monthperiod ended September 30, 2024
	Production costs(2) 765 50 217 138 864 62 165 - 1,631 21 192 390 452 1,178 - 404 - - 144 6,673	Administrative expenses(3) 231 184 21 17 - 3 1 - 33 10 - 3 9 28 - - - 27 8 575	Selling expenses 110 33 11 749 (1) 1 3 11 - 68 - 9 9 39 33 - 351 66 39 64 1,596	Exploration expenses 11 - 3 - 2 - - 24 - - - 2 12 13 56 - - - 8 131	Total
					1,117 267 252 904 867 68 177 24 1,732 31 201 404 512 1,252 56 755 66 66 224
					8,975

(1) Includes 166 corresponding to export withholdings and 446 corresponding to turnover tax.

(2) Includes 29 corresponding to research and development activities.

(3) Includes 7 corresponding to the “Cash-settled share-based payments provision” account of the “Salaries and social security” line item in the statement of financial position, in relation with Value Generation Plan.

Salaries and social security taxes Fees and compensation for services Other personnel expenses Taxes, charges and contributions Royalties, easements and fees Insurance Rental of real estate and equipment Survey expenses Depreciation of property, plant and equipment Amortization of intangible assets Depreciation of right-of-use assets Industrial inputs, consumable materials and supplies Operation services and other service contracts Preservation, repair and maintenance Unproductive exploratory drillings Transportation, products and charges Provision for doubtful trade receivables Publicity and advertising expenses Fuel, gas, energy and miscellaneous	For the nine-monthperiod ended September 30, 2023	For the nine-monthperiod ended September 30, 2023	For the nine-monthperiod ended September 30, 2023	For the nine-monthperiod ended September 30, 2023
	Production costs(2) 665 40 186 101 773 60 133 - 2,201 22 156 395 399 1,016 - 413 - - 89 6,649	Administrative expenses 190 174 21 20 - 3 1 - 32 8 - 4 7 26 - - - 24 8 518	Selling expenses 98 31 10 609 (1) 1 2 11 - 65 - 9 9 44 32 - 362 16 39 47 1,385	Exploration expenses 9 - 1 - 2 - - 9 - - - - 4 1 15 - - - 1 42	Total
					962 245 218 730 776 65 145 9 2,298 30 165 408 454 1,075 15 775 16 63 145
					8,594

(1) Includes 66 corresponding to export withholdings and 437 corresponding to turnover tax. (2) Includes 24 corresponding to research and development activities.

HORACIO DANIEL MARÍN President

35

YPF SOCIEDAD ANONIMA

NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

28. OTHER NET OPERATING RESULTS

Lawsuits Export Increase Program(1) Miscellaneous	For the nine-month periods ended September 30,	For the nine-month periods ended September 30,
	2024 (54) 65 (61) (2 (50)	2023 (21) - ) 21 -

(1) See Note 35.g) to the annual consolidated financial statements.

(2) Includes provision for indemnities.

29. NET FINANCIAL RESULTS

Financial income Interest on cash and cash equivalents and investments in financial assets Interest on trade receivables Other financial income Total financial income . Financial costs Loan interest Hydrocarbon well abandonment provision financial accretion Other financial costs Total financial costs . Other financial results Exchange differences generated by loans Exchange differences generated by cash and cash equivalents and investments in financial assets Other exchange differences, net Result on financial assets at fair value through profit or loss Result from derivative financial instruments Result from net monetary position Export Increase Program(3) Result from transactions with financial assets Total other financial results . Total net financial results

For the nine-month periods ended September 30, 2024 2023 29 150 48 75 10 5 87 230 (522) (523) (263) (1) (198) (126) (172) (911) (893) 18 72 (13) (224) 63 768 135 225 - 7 42 116 3 - (7) 47 (2) 241 1,011 (583) 348

2024 29 48 10 87 (522) (263) (1) (126) (911) 18 (13) 63 135 - 42 3 (7) 241 (583)

(1) Includes 152 corresponding to the financial accretion of liabilities directly associated with assets held for sale, see Notes 2.b.13) and 38 to the annual consolidated financial statements and Notes 9 and 17.

(2) Includes 17 corresponding to the adjustment for inflation of the period and (25) corresponding to the effect of the translation.

(3) See Note 35.g) to the annual consolidated financial statements.

30. INVESTMENTS IN JOINT AGREEMENTS

The assets and liabilities as of September 30, 2024 and December 31, 2023, and expenses for the nine-month periods ended September 30, 2024 and 2023, of JA and other agreements in which the Group participates are as follows:

Non-current assets(1) Current assets Total assets Non-current liabilities Current liabilities Total liabilities	September 30, 2024 6,053 512 6,565 413 719 1,132	December 31, 2023
		5,246 115
		5,361
		313 483
		796

(1) It does not include charges for impairment of property, plant and equipment because they are recorded by the partners participating in the JA and other agreements.

Production cost Exploration expenses	For the nine-month periods ended September 30, 2024 2023 1,755 1,506 23 9	For the nine-month periods ended September 30, 2024 2023 1,755 1,506 23 9
		2023
		1,506 9

HORACIO DANIEL MARÍN President

36

NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

YPF SOCIEDAD ANONIMA

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

31. SHAREHOLDERS’ EQUITY

As of September 30, 2024, the Company’s capital amounts to 3,922 and treasury shares amount to 11 represented by 393,312,793 book-entry shares of common stock and divided into four classes of shares (A, B, C and D), with a par value of 10 pesos and 1 vote per share. These shares are fully subscribed, paid-in and authorized for stock exchange listing.

As of September 30, 2024, there are 3,764 Class A outstanding shares. As long as any Class A share remains outstanding, the affirmative vote of the Argentine Government is required for: (i) mergers; (ii) acquisitions of more than 50% of YPF shares in an agreed or hostile bid; (iii) transfers of all the YPF’s production and exploration rights; (iv) the voluntary dissolution of YPF; (v) change of corporate and/or tax address outside Argentina; or (vi) make an acquisition that would result in the purchaser holding 15% or more of the Company’s capital stock, or 20% or more of the outstanding Class D shares. Items (iii) and (iv) also require prior approval by the Argentine Congress.

On April 26, 2024, the General Shareholders' Meeting was held, which approved the statutory financial statements of YPF (see Note 2.b)) corresponding to the year ended on December 31, 2023 and, additionally, approved the following in relation to the retained earnings: (i) completely disaffect the reserve for future dividends, the reserve for purchase of treasury shares and the reserve for investments; (ii) absorb accumulated losses in unappropriated retained earnings and losses up to the amount of 1,003,419 million of pesos (US$ 1,244 million); (iii) allocate the amount of 28,745 million of pesos (US$ 36 million) to constitute a reserve for purchase of treasury shares; and (iv) allocate the amount of 3,418,972 million of pesos (US$ 4,236 million) to constitute a reserve for investments.

During the nine-month periods ended September 30, 2024 and 2023, the Company has not repurchased any of its own shares.

32. EARNINGS PER SHARE

The following table shows the net profit or loss and the number of shares that have been used for the calculation of the basic and diluted earnings per share:

Net profit Weighted average number of shares outstanding Basic and diluted earnings per share	For the nine-month periods ended September 30,	For the nine-month periods ended September 30,
	2024 2,638 392,063,964 6.73	2023
		548 391,587,602 1.40

There are no YPF financial instruments or other contracts outstanding that imply the existence of potential ordinary shares, thus the diluted earnings per share matches the basic earnings per share.

33. CONTINGENT ASSETS AND LIABILITIES

33.a) Contingent assets

The Group has no significant contingent assets.

33.b) Contingent liabilities

Contingent liabilities are described in Note 33.b) to the annual consolidated financial statements. Updates for the ninemonth period ended September 30, 2024, are described below:

Contentious claims

• Petersen Energía Inversora, S.A.U. and Petersen Energía, S.A.U. (collectively, “Petersen”) - Eton Park Capital Management, L.P., Eton Park Master Fund, LTD. and Eton Park Fund, L.P. (collectively, “Eton Park”, and together with Petersen, the “Plaintiffs”)

The appeals filed by the parties in these proceedings (see Note 33.b.2) to the annual consolidated financial statements) were fully briefed by September 6, 2024. The Second Circuit Court of Appeals will set a date for oral argument.

On April 1, 2024, Plaintiffs filed a turnover motion, which became public (and accessible to YPF) on April 22, 2024. This motion requests that the District Court order the Republic to turn over the YPF Class D shares held by the Republic to Plaintiffs in partial satisfaction of the District Court’s judgment against the Republic in this proceeding.

HORACIO DANIEL MARÍN

President

37

YPF SOCIEDAD ANONIMA

NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

33. CONTINGENT ASSETS AND LIABILITIES (cont.)

Plaintiffs and the Republic completed their briefing on the turnover motion on July 8, 2024. The District Court may, but is not required to, hold oral argument prior to rendering a decision on the turnover motion. Furthermore, the District Court’s decision on the turnover motion may be appealed by Plaintiffs or the Republic in accordance with applicable procedural rules. YPF is not a party to the turnover motion.

Plaintiffs are also seeking discovery of documents from YPF related to their theory that YPF could be an “alter ego” of the Republic. YPF denies that it is an alter ego and objected to Plaintiffs’ document requests. On May 28, 2024, the District Court ordered YPF to produce documents in response to Plaintiffs’ discovery requests. To date, Plaintiffs have not requested that the District Court find that YPF is an alter ego of the Republic, and the District Court’s order on discovery is not a ruling accepting Plaintiffs’ alter ego theory.

On August 12, 2024, YPF filed a brief requesting that the District Court permanently enjoin Plaintiffs from pursuing recovery from YPF in connection with their September 15, 2023 final judgment against the Republic, arguing that Plaintiffs’ alter ego theory is barred under the doctrine of res judicata. Plaintiffs filed their opposition and YPF filed its reply. On August 29, 2024, the District Court adjourned the oral argument initially scheduled for September 3, 2024, without setting a new date.

YPF will continue to defend itself in accordance with the applicable legal procedures and available defenses.

The Company will continue to reassess the status of the litigation and its possible impact on the results and financial situation of the Group, as needed.

34. CONTRACTUAL COMMITMENTS

34.a) Exploitation concessions, transport concessions and exploration permits

The most relevant agreements, exploitation concessions, transport concessions and exploration permits that took place in the year ended December 31, 2023 are described in Note 34.a) to the annual consolidated financial statements. During the nine-month period ended September 30, 2024, there were no significant updates.

34.b) Investment agreements and commitments and assignments

The most relevant investment agreements and commitments and assignments are described in Note 34.b) to the annual consolidated financial statements. Updates for the nine-month period ended September 30, 2024, are described below:

Andes Project

In August and September 2024 YPF signed assignment agreements for 9 asset groups (25 conventional areas), subject to the fulfillment of closing conditions including applicable regulatory and provincial approvals. The Company continues to develop the process of assignment or reversion of the remaining assets available for sale, as well as compliance with the closing conditions indicated above. Considering the elements of judgment available at such date, the Company expects to comply with the plan within the terms and conditions duly approved by the Board of Directors of the Company on February 29, 2024. See Note 9.

On October 29, 2024, Decree No. 1,509/2024 was published in the Official Gazette of the Province of Chubut, authorizing the assignment of 100% of YPF’s rights in the “Escalante - El Trébol” exploitation concession in favor of PECOM SERVICIOS ENERGIA S.A.U. (“PECOM”) and subjecting the extension of such concession to the fulfillment of certain conditions by YPF and by PECOM. As of the date of issuance of these condensed interim consolidated financial statements, the assignment agreement is subject to the fulfillment of closing conditions.

HORACIO DANIEL MARÍN President

38

YPF SOCIEDAD ANONIMA

NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

35. MAIN REGULATIONS

35.a) Regulations applicable to the hydrocarbon industry

Updates to the regulatory framework described in Note 35.a) to the annual consolidated financial statements for the ninemonth period ended September 30, 2024, are described below:

35.a.1) Hydrocarbons Law

Through the Bases Law (see Note 35.j)), amendments were incorporated in relation to the Hydrocarbons Law, as described below:

• Establishes that international trade of hydrocarbons will be free, according to the terms and conditions established by the PEN.

• Establishes that exploration permit holders and/or exploitation concessionaires, refiners and/or marketers may freely export hydrocarbons and/or their derivatives, subject to the SE's non-objection. The effective exercise of this right will be subject to regulations issued by the PEN, which, among other aspects, must consider: (i) the usual requirements related to the access to technically proven resources; and (ii) that the eventual objection of the SE may only be formulated within 30 days of being informed of the exports to be made, and must be based on technical or economic reasons related to the security of supply.

• Incorporates hydrocarbon processing and natural gas storage activities, for which the national or provincial Executive Branch, as applicable, may grant storage and/or processing authorizations.

• Changes the legal figure of "transport concession" to the figure of "transport authorization".

• Establishes that exploitation concessions and transportation concessions granted prior to the enactment of the Base Law will continue to be governed until their expiration by the legal framework existing at the date of approval of the Bases Law.

• Determines that in exploitation concession bidding processes the royalties to be paid to the application authority will be offered by the concessionaire, determining that the royalty to be offered will be 15% plus or minus a percentage to be chosen by the bidder.

• Other modifications establish that: (i) the request for conversion of a conventional exploitation concession into a non-conventional exploitation concession will only be available until December 31, 2028 and its term will be 35 years without extensions; (ii) for new exploitation concessions, the national or provincial Executive Branch, as applicable, at the time of defining the terms and conditions of the bidding, may determine in a reasoned manner other terms of up to 10 years more than those provided for in the Hydrocarbons Law; (iii) owners of projects and/or facilities for the conditioning, separation, fractionation, liquefaction and/or any other hydrocarbon industrialization process may request an authorization to transport hydrocarbons and/or their derivatives to their industrialization facilities and from the same to subsequent industrialization or commercialization process centers and/or facilities; (iv) those authorized to process hydrocarbons must process hydrocarbons from third parties up to a maximum of 5% of the capacity of their facilities; and (v) the fee for each square kilometer or fraction thereof that a holder of an exploration permit must pay annually and in advance shall be calculated according to a scale determined by the price of a barrel of oil quoted on the “Frontline ICE Brent”.

35.b) Regulations applicable to the Downstream business segment

During the nine-month period ended September 30, 2024, there were no significant updates to the regulatory framework described in Note 35.b) to the annual consolidated financial statements.

HORACIO DANIEL MARÍN President

39

YPF SOCIEDAD ANONIMA

NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

35. MAIN REGULATIONS (cont.)

35.c) Regulations applicable to the Gas and Power business segment

Updates to the regulatory framework described in Note 35.c) to the annual consolidated financial statements for the ninemonth period ended September 30, 2024, are described below:

35.c.1) Transportation, distribution and commercialization of natural gas

Through the Bases Law (see Note 35.j)), amendments were incorporated in relation to the Gas Law, as described below:

• The PEN is entrusted with regulating natural gas exports following the same terms and conditions as for liquid hydrocarbon exports as described in Note 35.a.1).

• Establishes a special regime for long-term firm export authorizations for liquefied natural gas.

• Incorporates the figure of “underground natural gas storage authorizations in depleted natural hydrocarbon reservoirs”.

• Contemplates the possibility for the providers of public natural gas distribution and transportation services to request the renewal of their licenses for an additional 20-year period.

• Creates the “Ente Nacional Regulador del Gas y la Electricidad”, which will replace and assume the functions of the “Ente Nacional Regulador de la Electricidad” ("ENRE") and ENARGAS.

35.c.2) Regulatory requirements applicable to natural gas distribution

Tariff schemes and tariff renegotiations

On April 3, 2024, ENARGAS Resolution No. 120/2024 was published in the BO, approving the transition tariff tables and rates and charges for services to be applied by Metrogas as from such date, and the tariff update formula applicable on such transition tariff tables as from May 2024. On May 27, 2024, the tariff updates corresponding to May, June and July 2024 were postponed by instruction of the SE to ENARGAS, which generated an objection by Metrogas to such instructions.

On June 6, 2024, ENARGAS Resolution No. 260/2024 was published in the BO, approving the transition tariff tables and rates and charges for services to be applied by Metrogas as from such date. See Note 35.d).

On November 4, 2024, ENARGAS Resolution No. 737/2024 was published in the BO, approving the transition tariff charts to be applied by Metrogas to the consumption made as from the date. See Note 35.d).

These transition measures will remain in force until the rates resulting from the RTI come into force, in accordance with the provisions of Decree No. 55/2023.

35.d) Incentive programs for hydrocarbon production

Updates to the regulatory framework described in Note 35.d) to the annual consolidated financial statements for the ninemonth period ended September 30, 2024, are described below:

• Plan for Reinsurance and Promotion of Federal Hydrocarbon Production Domestic Self Sufficiency, Exports, Imports Substitution and the Expansion of the Transportation System for all Hydrocarbon Basins in the Country 2023-2028 (“Plan GasAr 2023-2028”)

On March 27, 2024, SE Resolution No. 41/2024 was published in the BO, which approved natural gas prices at the PIST in U.S. dollars corresponding to the awarded volumes entered into within the framework of the Plan GasAr 2023-2028 which will be applicable for natural gas consumptions made: (i) from April 1 and until April 30, 2024; (ii) from May 1 and until September 30, 2024; and (iii) from October 1 and until December 31, 2024; and instructed that, for the purpose of transferring the prices of natural gas to the tariff schemes of the public service of distribution of natural gas, ENARGAS issue the tariff schemes that reflect on a monthly basis the variation of the exchange rate of the prices of natural gas to be transferred to the tariff schemes.

HORACIO DANIEL MARÍN President

40

YPF SOCIEDAD ANONIMA

NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

35. MAIN REGULATIONS (cont.)

On 5 June 2024, SE Resolution No. 93/2024 was published in the BO, which approved natural gas prices at the PIST in U.S. dollars corresponding to the awarded volumes entered into within the framework of the Plan GasAr 2023-2028 which will be applicable for natural gas consumptions from June 2024 and leaves without effect the instruction to ENARGAS to issue tariff schemes that reflect on a monthly basis the variation of the exchange rate of the prices of natural gas to be transferred to the tariff schemes.

On November 1, 2024, Resolution No. 18/2024 of the Secretariat of Mining and Energy Coordination was published in the BO, which modify SE Resolution No. 93/2024 approving the natural gas prices at the PIST in U.S. dollars corresponding to the awarded volumes entered into within the framework of the Plan GasAr 2023-2028 which will be applicable for natural gas consumptions from November 2024. See Note 35.c.2).

Bottle-to Bottle Program

On August 19, 2024, SE Resolution No. 216/2024 was published in the BO, which resolved to eliminate the maximum prices applicable set for bottled LPG for residential use and replace them with a reference price system (without ceiling).

35.e) Investment incentive programs

Large Investment Incentive Regime ("RIGI")

The Bases Law (see Note 35.j)) created the RIGI, regulated by Decree No. 749/2024 published in the BO on August 23, 2024, General Resolution No. 1,074/2024 of the Ministry of Economy published in the BO on October 22, 2024 and AFIP General Resolution No. 5,590/2024 published in the BO on October 23, 2024, which is intended to encourage large investments with tax, customs and exchange benefits, guaranteeing legal certainty and the protection of acquired rights. This regime seeks to encourage investments, promote economic development, create employment and strengthen local production chains.

The RIGI is aimed at investment projects in the forestry industry, tourism, infrastructure, mining, technology, iron and steel, energy and oil and gas sectors, with a minimum investment per sector or subsector or productive stage equal to or greater than a range between US$ 200,000,000 up to US$ 900,000,000 in computable assets, as established by the application authority. Interested parties have 2 years to adhere to the RIGI, submitting and obtaining the approval of an investment plan by the application authority.

The benefits of the RIGI include a 25% income tax rate, accelerated amortization of investments, non-expirable tax loss carryforwards, indexing tax losses by the Internal Wholesale Price Index ("IPIM") published by the INDEC, and exemptions from import and export duties, among others. In addition, foreign exchange incentives are established, such as the free availability of foreign currency on a staggered basis obtained from exports and certain flexibility related to financing. The RIGI guarantees tax, customs and foreign exchange regulatory stability for 30 years from accession, protecting investment projects from more burdensome legislative changes.

35.f) Tax regulations

Updates to the regulatory framework described in Note 35.e) to the annual consolidated financial statements for the ninemonth period ended September 30, 2024, are described below:

Tax for an Inclusive and Solidary Argentina (“PAIS Tax”, by its acronym in Spanish)

On September 2, 2024, Decree No. 777/2024 was published in the BO, which reduced to 7.5% the rate applied to foreign currency purchases for contracting, abroad or in the country by non-residents, freight services and other transport services for the import or export of goods and for the import of goods, except for those mentioned in section 2 paragraph e) of Decree No. 377/2023 and its corresponding regulations.

35.g) Custom regulations

Updates to the regulatory framework described in Note 35.f) to the annual consolidated financial statements for the ninemonth period ended September 30, 2024, are described below:

HORACIO DANIEL MARÍN

President

41

YPF SOCIEDAD ANONIMA NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

35. MAIN REGULATIONS (cont.)

On July 1, 2024, AFIP General Resolution No. 5,520/2024 was published in the BO, which extend, until December 31, 2024, the provisions established of AFIP General Resolution No. 5,339/2023, as amended (see Note 35.f.2) to the annual consolidated financial statements).

35.h) Regulations related to the Foreign Exchange Market

Updates to the regulatory framework described in Note 35.g) to the annual consolidated financial statements for the ninemonth period ended September 30, 2024, are described below:

On April 18, 2024, the BCRA issued Communication “A” 7,994 which allows the possibility of applying the collection of exports to the payment of capital and interest on financial debts abroad that are settled in the Foreign Exchange Market from April 19, 2024 and as long as the following conditions are met: (i) the average life of the debt is not less than 3 years; and (ii) the first capital payment is not made before the year it was entered and settled in the Foreign Exchange Market; and established the possibility of not filing for the BCRA's prior approval process more than 3 days before the maturity of the capital and interest for access to the Foreign Exchange Market when debt payments abroad are anticipated and as long as the following conditions are met: (i) the access occurs simultaneously with the settlement of a new financial debt granted by a local financial entity from a line of credit from abroad as of April 19, 2024; (ii) the average life of the new debt is greater than the average remaining life of the anticipated debt; and (iii) the accumulated amount of principal maturities of the new indebtedness does not exceed the accumulated amount of principal maturities of the anticipated debt.

On June 28, 2024 the BCRA issued Communication “A” 8,055 that established financial entities may give access to the Foreign Exchange Market for the cancellation in the country or abroad of principal and interest of debt securities denominated in foreign currency, as long as such securities have been fully subscribed abroad and the funds obtained have been settled in the Foreign Exchange Market.

On July 4, 2024 the BCRA issued Communication “A” 8,059 by means of which the requirement of prior conformity by the BCRA is eliminated to make payments through the Foreign Exchange Market to foreign related counterparties for the following concepts: (i) interests on commercial debts for the import of goods and services whose maturity date are from July 5,2024; (ii) interest on other commercial debts; and (iii) interest on financial indebtedness. In (ii) and (iii) above, access to the Foreign Exchange Market must comply with certain requirements set forth in the aforementioned Communication.

On September 19, 2024 the BCRA issued Communication “A” 8,108 which it establishes new requirements for the access to the Foreign Exchange Market: (i) it reduces the term from 180 days to 90 days for transactions with securities issued under foreign legislation; (ii) it allows the transfer of securities to foreign entities for the purpose of participating in a process of repurchase of debt securities; and (iii) it allows access to the Foreign Exchange Market to acquire from a foreign investor equity interests in resident companies when the applicable regulatory requirements set forth in the aforementioned Communication.

On October 3, 2024, the BCRA issued Communication “A” 8,112 establishing dispositions for the refinancing, repurchase or redemption of debt, enabling payments in foreign currency of premiums, interest and expenses through the Foreign Exchange Market when certain requirements set forth in such Communication are met.

On October 17, 2024, the BCRA issued Communication “A” 8,118 reducing the term for access to the Foreign Exchange Market to 30 calendar days for the payment of imports of goods that do not have a particular treatment previously determined.

On October 31, 2024, the BCRA issued Communication “A” 8,122 allowing immediate access to the Foreign Exchange Market for the payment of freight for export operations under the conditions established in said Communication. It should be mentioned that, prior to this Communication, it was necessary to wait 30 calendar days from the arrival of the goods at destination to make such payment to the non-resident.

35.i) Decree of Necessity and Urgency (“DNU” by its acronym in Spanish) No. 70/2023

Updates to the regulatory framework described in Note 35.h) to the annual consolidated financial statements for the ninemonth period ended September 30, 2024, are described below:

HORACIO DANIEL MARÍN

President

42

YPF SOCIEDAD ANONIMA

NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

35. MAIN REGULATIONS (cont.)

On March 14, 2024, the Chamber of Senators of the National Congress rejected the Decree No. 70/2023, and, as of the date of issuance of these condensed interim consolidated financial statements, is pending to be considered by the Chamber of Deputies of the National Congress.

35.j) Law of Bases and Starting Points for the Freedom of Argentines No. 27,742 ("Bases Law")

On July 8, 2024, the Bases Law was published in the BO, which introduces several amendments to the Argentine legal framework including, among others: (i) the declaration of emergency in administrative, economic, financial and energy matters for a term of 1 year; (ii) the administrative reorganization of the National State; (iii) the privatization of certain companies and corporations wholly or majority owned by the State; (iv) amendments to the Administrative Procedures Law No. 19,549; (v) amendments in the energy and oil and gas matters (see Notes 35.a.1) and 35.c.1)); (vi) the creation of the RIGI to encourage large investments with tax, customs and exchange benefits, guaranteeing legal certainty and the protection of acquired rights (see Note 35.e)); and (vii) a labor and union reform.

36. BALANCES AND TRANSACTIONS WITH RELATED PARTIES

The information in the table below details the balances with associates and joint ventures as of September 30, 2024:

Joint Ventures: YPF EE Profertil MEGA Refinor OLCLP Sustentator CT Barragán OTA OTC Associates: CDS YPF Gas Oldelval Termap GPA Oiltanking Gas Austral	Other receivables Non-Current Current - 5 - - (1) - - - - - - (1) - - - - - - - - - 5 - - (1) - 2 121 4 - - - - 26 - - - 147 6 147 11		September 30, 2024
		Trade receivables Current 16 30 80 13 - (1) - - - (1) - 139 - (1) 19 - (1) - - - (1) - (1) 19 158	Investments in financial assets Non-Current Current - 4 - - - - - 4 - - - - - - - - - - - 8 - - - - - 5 - - - - - 1 - - - 6 - 14	Accounts payable Current 38 34 4 1 4 - - 3 - 84 - 2 12 3 3 4 - (1) 24 108	Contract assets
			Non-Current - - - - - - - - - - - - - - - - - - -		Current
					- - 20 - - - - - -
					20
					- - - - - - -
					-
					20

(1) The registered amount is less than 1.

The information in the table below details the balances with associates and joint ventures as of December 31, 2023:

Joint Ventures: YPF EE Profertil MEGA Refinor OLCLP Sustentator CT Barragán OTA OTC Associates: CDS YPF Gas Oldelval Termap GPA Oiltanking Gas Austral		December 31, 2023	December 31, 2023
	Other receivables Non-Current Current - 5 - - - - - - - - - - - - - - - - - 5 - - (1) - 1 43 - - - - - - - - - 43 1 43 6	Trade receivables Current 5 15 15 12 - - - - - 47 - (1) 6 - - - - - 6 53	Investments in financial assets Non-Current Current 4 - - - - - - 4 - - - - - - - - - - 4 4 - - - - 4 - - - - - - - - - 4 - 8 4	Accounts payable Current 39 15 - 1 2 - - 1 1 59 - 1 10 2 1 4 - 18 77	Contract assets Current - - 3 - - - - - - 3 - - - - - - - - 3
	Non-Current - - - - - - - - - - - - 43 - - - - 43 43		Non-Current 4 - - - - - - - - 4 - - 4 - - - - 4 8

(1) The registered amount is less than 1.

HORACIO DANIEL MARÍN President

43

YPF SOCIEDAD ANONIMA

NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

36. BALANCES AND TRANSACTIONS WITH RELATED PARTIES (cont.)

The information in the table below details the transactions with associates and joint ventures for the nine-month periods ended September 30, 2024 and 2023:

Joint Ventures: YPF EE Profertil MEGA Refinor OLCLP Sustentator CT Barragán OTA OTC Associates: CDS YPF Gas Oldelval Termap GPA Oiltanking Gas Austral		For the nine-monthperiods ended September 30,	For the nine-monthperiods ended September 30,	For the nine-monthperiods ended September 30,	For the nine-monthperiods ended September 30,
		2024	Net interest income(loss) - (1) - (1) - (1) 1 - - - - - 1 - (1) - (1) - (1) - - - - - 1		2023
	Revenues 21 80 282 55 1 - - (1) - (1) - 439 - (1) 50 - (1) - - - (1) 3 53 492	Purchases and services 77 95 8 8 10 - - 14 - (1) 212 - 3 46 18 15 23 - (1) 105 317		Revenues 20 56 206 67 1 1 - (1) - - 351 - (1) 42 - - - - 2 44 395	Purchases and services 86 110 2 19 10 - - 5 2 234 - 5 46 16 11 20 - 98 332	Net interest income(loss)
						- - 1 - - - - - -
						1
						- 1 - - - - -
						1
						2

(1) The registered amount is less than 1.

Additionally, in the normal course of business, and considering being the main energy group in Argentina, the Group’s clients and suppliers portfolio encompasses both private sector entities as well as national public sector entities. As required by IAS 24 “Related party disclosures”, among the major transactions above mentioned the most important are:

Client / Suppliers SGE SGE SGE SGE SGE Ministry of Transport AFIP Secretary of Industry CAMMESA CAMMESA ENARSA ENARSA Aerolíneas Argentinas S.A. Aerolíneas Argentinas S.A. Agua y Saneamientos Argentinos S.A.	Ref. (1) (16) (2) (16) (3) (16) (4) (16) (5) (16) (6) (16) (7) (16) (8) (16) (9) (10) (11) (12) (13) (14) (15)	Balances(17) Receivables /(Liabilities) September 30, 2024 December 31, 2023 102 23 5 2 - (18) - (18) 17 4 7 8 1 2 - 20 - - 80 59 (8) (3) 158 25 (92) (62) 36 43 - (18) - - 2	Transactions Income /(Costs) For the nine-month periods ended September 30, 2024 2023 148 166 6 5 - - 17 8 - - 4 21 - 36 - - (18) 347 294 (43) (36) 190 115 (62) (62) 249 275 - (18) (1) - -
		September 30, 2024 102 5 - (18) 17 7 1 - - 80 (8) 158 (92) 36 - (18) -
			2024 148 6 - 17 - 4 - - 347 (43) 190 (62) 249 - (18) -

(1) Benefits for the Plan GasAr 2020-2024 and Plan GasAr 2023-2028. See Note 35.d.1) to the annual consolidated financial statements.

(2) Benefits for the propane gas supply agreement for undiluted propane gas distribution networks. See Note 35.d.2) to the annual consolidated financial statements.

(3) Benefits for recognition of the financial cost generated by payment deferral by providers of the distribution service of natural gas and undiluted propane gas through networks. See Note 36 to the annual consolidated financial statements.

(4) Compensation for the lower income that Natural Gas Distribution Service by Networks licensed companies receive from their users for the benefit of Metrogas.

(5) Compensation by Decree No. 1,053/2018. See Note 35.c.1) to the annual consolidated financial statements.

(6) Compensation for providing diesel to public transport of passengers at a differential price. See Note 36 to the annual consolidated financial statements. (7) Benefits of the RIAIC. See Note 35.e.3) to the annual consolidated financial statements.

(8) Incentive for domestic manufacturing of capital goods, for the benefit of AESA. See Note 36 to the annual consolidated financial statements.

(9) Sales of fuel oil, diesel, natural gas and transportation and distribution service.

(10) Purchases of electrical energy.

(11) Sales of natural gas and provision of regasification service of LNG and construction inspection service.

(12) Purchases of natural gas and crude oil.

(13) Sales of jet fuel.

(14) Purchases of miles for YPF Serviclub Program and publicity expenses.

(15) Sales of assets held for disposal.

• (16) Income from incentives recognized according to IAS 20 “Accounting for government grants and disclosure of government assistance”. See Note 2.b.12) to the annual consolidated financial statements.

(17) Do not include, if applicable, the provision for doubtful trade receivables.

• (18) The registered amount is less than 1.

HORACIO DANIEL MARÍN President

44

YPF SOCIEDAD ANONIMA

NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

36. BALANCES AND TRANSACTIONS WITH RELATED PARTIES (cont.)

Additionally, the Group has entered into certain financing and insurance transactions with entities related to the national public sector. Such transactions consist of certain financial transactions that are described in Notes 15, 16 and 22 and transactions with Nación Seguros S.A. related to certain insurance policies contracts.

On the other hand, the Group holds Bonds of the Argentine Republic 2029, 2030 and 2038, BCRA bonds, and bonds issued by the National Government identified as investments in financial assets (see Note 15). Additionally, the Group holds BCRA bills identified as cash and cash equivalents (see Note 16).

Furthermore, YPF has an indirect non-controlling interest in Compañía de Hidrocarburo No Convencional S.R.L. (“CHNC”). During the nine-month periods ended September 30, 2024 and 2023, YPF and CHNC carried out transactions, among others, the purchases of crude oil by YPF for 368 and 358, respectively. These transactions were consummated in accordance with the general and regulatory conditions of the market. The net balance payable to CHNC as of September 30, 2024 and December 31, 2023 amounts to 84 and 38, respectively. See Note 36 to the annual consolidated financial statements.

On May 8, 2024, SE Resolution No. 58/2024 was published in the BO, which establishes an exceptional, transitory and unique payment regime for the balance of the MEM's economic transactions of December 2023, January 2024 and February 2024 corresponding to the MEM's creditors, and instructs CAMMESA to determine the amounts owed to each of them corresponding to such economic transactions, to be cancelled as follows: (i) the economic transactions of December 2023 and January 2024, through the delivery of government securities denominated “Bonos de la República Argentina en Dólares Estadounidenses Step Up 2038”; and (ii) the economic transactions of February 2024, with the funds available in the bank accounts enabled in CAMMESA for collection purposes and with those funds available from the transfers made by the National Goverment to the “Fondo Unificado con Destino al Fondo de Estabilización”.

As of September 30, 2024, as mentioned above, the Group has recognized a charge for doubtful sales receivables of 40 in the “Selling expenses” line item in the statement of comprehensive income (see Note 2.b.7) to the annual consolidated financial statements), and in relation to our joint ventures YPF EE and CT Barragán a charge for such concept of 26 and 8, respectively, in the “Income from equity interests in associates and joint ventures“ line item in the statement of comprehensive income.

The table below discloses the accrued compensation for the YPF’s key management personnel, including members of the Board of Directors and first-line executives, managers with executive functions appointed by the Board of Directors, for the nine-month periods ended September 30, 2024 and 2023:

Short-term benefits(1) Share-based benefits Post-retirement benefits(2) Termination benefits	For the nine-month periods ended September 30,	For the nine-month periods ended September 30,
	2024 20 7 1 - 28	2023
		9 1 - -
		10

(1) Does not include social security contributions of 5 and 2 for the nine-month periods ended September 30, 2024 and 2023, respectively. (2) The registered amount is less than 1.

In relation to the compensation accrued corresponding to the key personnel of YPF's administration, and considering the unification of the positions of President and CEO, approved by the Shareholder Meeting of January 26, 2024, the Company reorganized the structure and positions dependent on the President and CEO, restructuring the Executive Committee’s Vice Presidencies (“VPs”) into 14, including the re-categorization of 3 Executive Managers Departments as VPs and removing 11 advisors.

HORACIO DANIEL MARÍN President

45

NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

YPF SOCIEDAD ANONIMA

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(Amounts expressed in millions of United States dollars, except for shares and per share amounts expressed in United States dollars, or as otherwise indicated)

36. BALANCES AND TRANSACTIONS WITH RELATED PARTIES (cont.)

In addition, the Company performed an external benchmark analysis of the Board of Directors’ fees and compensation of first-line executives. The conclusions were presented to the Compensation and Nomination Committee and, as a result, the components of the total compensation package were aligned with YPF’s strategic plan and market standards for local and international listed companies of similar magnitude.

As detailed in Note 37, a "Value Generation Plan" applicable to eligible members of YPF's Management and a variable compensation based on results ("CVR") which applies to 100% of the Company's employees, with the exception of the President and CEO and commercial agents, were implemented.

37. EMPLOYEE BENEFIT PLANS AND SIMILAR OBLIGATIONS

Note 37 to the annual consolidated financial statements describes the main characteristics and accounting treatment for employee benefit plans and similar obligations implemented by the Group.

Retirement plan

The amount charged to expense related to the Retirement Plan was 3 and 2 for the nine-month periods ended September 30, 2024 and 2023, respectively.

Performance bonus programs

These programs cover certain of the Group’s personnel and are paid in cash. These bonuses are mainly based on compliance with VPs and related management objectives. They are calculated considering the annual compensation of each employee and certain key factors related to the fulfillment of these objectives. As of 2024, a new variable bonus program based on corporate results (“CVR”) was implemented. This will be paid based on the Group's net profit before income tax, if it is positive.

The amount charged to expense related to the performance bonus programs was 165 and 78 for the nine-month periods ended September 30, 2024 and 2023, respectively.

Share-based benefit plans

In April 2024, the Company adopted the “Value Generation Plan”, which is a long-term remuneration program for eligible members of management of YPF with the objective of incentivizing extraordinary results in the long term and retaining key employees. Under this Plan, the Company granted 4.6 million performance stock appreciation rights (“PSARs”) to plan participants comprising key employees of the Company. The PSARs provide beneficiaries the opportunity to receive an award to be settled in cash equivalent to the appreciation in the value of the common shares of the Company over a specified period of time. The amount to be paid upon exercise is the difference between the per share base price determined by the plan and the per share market value of the Company’s common shares as of the exercise date. The PSARs expire five years after their grant and begin to vest in the third year, subject to the fulfillment of certain conditions, including performance milestones related to the price of the Company’s common shares ranging from a minimum of US$ 30 per common share up to US$ 60 per common share. The beneficiaries of the PSARs are also required to remain in the Company for three years from the granting of the plan. The PSARs granted by the Company have a base price of US$ 16.17 per share, resulting in a weighted average fair value of US$ 8.75 per PSAR as of the granting date. The Value Generation Plan was approved by the Compensation and Nomination Committee of the Company with the support of a management consulting firm (Mercer) which advised on its design and implementation.

As of September 30, 2024, there are 4.6 million number of PSARs outstanding with and a weighted average fair value of US$ 9.89 per PSARs.

PSARs expense is determined based on the grant-date fair value of the awards. Fair value is calculated using Monte Carlo simulation model, which requires the input of highly subjective assumptions, including the fair value of the Company’s shares, expected term and risk-free interest rate.

The amount charged to expense in relation with Value generation Plan was 7, for the nine-month period ended September 30, 2024.

The amount charged to expense in relation with the remainder of the share-based plans was 5 and 2 to be settled in equity instruments, and 8 and 13 to be settled in cash, for the nine-month periods ended September 30, 2024 and 2023, respectively.

Note 2.b) describes the accounting policies for share-based benefit plans. Repurchases of treasury shares are disclosed in Note 31.

HORACIO DANIEL MARÍN

President

46

NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND COMPARATIVE INFORMATION

YPF SOCIEDAD ANONIMA

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(Amounts expressed in millions of United States dollars, or as otherwise indicated)

38. SUBSEQUENT EVENTS

On October 10, 2024, the Company issued in the local market Class XXXII NO, denominated and payable in U.S. dollars and in Argentina at a fixed interest rate of 6.5%, and Class XXXIII NO, denominated and payable in U.S. dollars overseas at a fixed interest rate of 7%, both maturing in 48 months, for 125 and 25, respectively.

As of the date of issuance of these condensed interim consolidated financial statements, there have been no other significant subsequent events whose effect on the Group’s shareholders´ equity, the net comprehensive income or their disclosure in notes to the financial statements for the period ended as of September 30, 2024, should have been considered in such financial statements under IFRS.

These condensed interim consolidated financial statements were approved by the Board of Directors’ meeting and authorized to be issued on November 7, 2024.

HORACIO DANIEL MARÍN President