Banco Macro, a private bank in Argentina, agreed to acquire Banco Itaú Argentina, an Argentine bank, Itaú Asset Management, a private management company, and Itaú Valores, a provider of financial solutions, for $50m. The price of the Agreement will be paid on the closing date of the transaction, and an additional amount resulting from a potential adjustment that will be eventually set based on the results obtained by Banco Itaú Argentina, Itaú Asset Management and Itaú Valores between April 1, 2023, and the Closing Date.