Banco Macro 20F 2016 Annual report | BMA Filing

Banco Macro (BMA) 20-F2016 FY Annual report (foreign)

Content analysis

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigious
Readability	H.S. freshman Avg

New words: ABN, acquittal, acquitted, adhere, administered, Adquisitivo, advocated, affidavit, Africa, aggravate, Ahorro, alongside, ambiguity, AML, amnesty, AMRO, Analyst, anchor, anonymity, Antoni, apiculture, Arabian, Arcor, Arg, Argentinean, argument, argumenting, aslow, assignee, ASUNo, BA, band, Banque, benign, bleaching, bloc, boosting, bothlow, Brasil, Brexit, broader, budget, burdensome, Capita, Carfacil, Catherina, cattle, CFT, Chase, Cia, Citibank, clamp, clandestine, coexist, Comafi, comercial, commonly, comprehended, comptroller, Consolidar, consultor, contractionary, coparticipated, Councilor, cutting, dairy, dedication, deleveraging, departure, depositpayable, deregulation, devised, devolutive, dicided, Dilma, Discipline, disclaim, Donald, draft, dutiesand, economist, EDD, EEA, encouragelow, enumerated, Estudio, evasion, extracted, EY, facilitating, fallen, farming, Fasta, fax, Febrero, Felix, Fiduciaria, fifteen, FileNo, formulated, fraudulent, gamma, Generali, gil, Goldman, goverment, Greek, Gte, guiding, hard, heard, heavily, horizontal, IGA, immigration, India, indispensable, inefficient, inon, inRule, Insignificant, instant, interannual, interannually, interbank, intergovernmental, invited, Jose, Kaplan, KYC, Lagomarsino, land, LATAM, Latinoamericana, Lazard, legitimacy, liberalization, liberation, lifetime, limitof, living, lodging, Lombardi, machine, Magistracy, Magistratura, manipulation, mate, matrix, meant, median, Megra, Merchant, meter, Michel, Morlegan, motivated, Naldo, Nationale, ninety, noncash, northeast, notably, noteworthy, obtention, oflow, ofnon, ofRule, onlow, Organisation, OurMacro, ourSelecta, ourself, outline, outlined, Paraguay, partly, pattern, PEP, perpetrated, Plata, porfolio, porftolio, Portugal, poultry, Predominance, premeditated, Prenda, probatory, PROCREAR, pronouncement, proof, proposition, proximity, PSA, puente, punitive, pushed, radically, ran, readjust, readjusting, reality, referendum, reformulation, refund, refunded, relaxed, replied, repliedby, reset, Resettable, retransfer, retrospective, reveal, robust, Rombo, Rousseff, secondhalf, secret, Secubono, Senate, Servente, sheep, shock, signature, Sinceramiento, sixty, smallest, Soc, Solution, Southeast, Soviet, strictly, Sudamericano, supplier, suppressed, tailored, Telecom, Temer, TGR, TGS, theAhora, theMacro, thenon, thought, thousandth, tica, trail, Trainee, Transparencia, Trump, Tucumano, UK, undeclared, underwent, undue, unethical, unintended, unintentional, Universdad, UVA, Van, vega, Venezuela, vertical, vested, viability, violent, Vivienda, voluntarily, wage, waiting, West, withlow, withon, wrongly, XV, Zamora

Removed: accompanied, accountancy, affirmed, aggressive, alleging, argued, assert, assertion, attaining, authenticity, barring, Becka, belonged, Benoit, Catholic, censure, certainty, CFA, characterization, Circuit, comment, complained, confronted, counteract, Covello, CRYL, desirable, devalue, domicilio, downgrade, edition, emphasize, empresa, enforceability, engineering, Ernst, Esmeralda, Esther, extortion, factual, floor, forty, fuel, Gabriel, generalized, Gerardo, Goldberg, Govermental, Haydee, holdout, imported, increasingly, incurrence, indenture, injunctive, innovative, Japan, juricature, lacking, laundered, launderer, learn, Litoral, Loma, mathematical, messaging, mix, modernizing, multimedia, offshore, outlook, Palermo, Palla, passthru, penalized, pesification, phone, Piccinini, planned, police, preclude, prevented, prioritized, proceed, pronto, question, rank, ratable, realizable, Reclassification, recourse, redeemable, reinvest, relief, remitted, renegotiation, repair, repossession, reside, restrict, retaliation, returned, reviewer, revising, Rodrigo, Roque, ruled, scrutinized, Sebastian, sense, settle, simplify, Southern, Spaniard, Spanish, Stenghele, strained, Subtopic, successor, suffer, swapped, TATSA, tight, timetable, Todesca, TR, treat, UADE, unsubordinated, virtually, Vivian, widened, withdrawn, withholdable, Young

Date: April 24, 2017

/s/ Jorge Horacio Brito

Jorge Horacio Brito

Chief Executive Officer