City of Buenos Aires, July 1st, 2022
Messrs.
Comisión Nacional de Valores (National Securities Commission)
Messrs.
Bolsas y Mercados Argentinos S.A. (BYMA) (Buenos Aires Stock Exchange)
Ref.: LOMA NEGRA C.I.A.S.A. – Announcement of payment of dividends
Dear Sirs,
Please be informed that pursuant to the resolution adopted at the Board of Directors’ Meeting of Loma Negra C.I.A.S.A. (the “Company”) held today, the following
decisions were approved:
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(i)
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the payment of dividends for a total amount of ARS 10,300,000,000 equivalent to ARS 17.594777815281000 per outstanding share (without including the treasury shares) (ARS 87.973889076405200 per ADS) and
equivalent to 17,594.777815281000% of the outstanding capital stock;
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(ii)
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to allocate a part of the Reserve for Future Dividends to the payment of dividends;
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(iii)
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as a general rule, the Shareholders will receive the payment of dividends in Argentine Pesos through Caja de Valores S.A.; and
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(iv)
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to grant to the Shareholders the option to receive the payment of their portion of dividends in equivalent amounts of US Dollars resulting from the conversion of the proportional amounts of dividends in
Argentine Pesos into US Dollars pursuant to the Reference Exchange Rate of the Central Bank of the Argentine Republic - Communication “A” 3500 applicable at the close of business on the trading day immediately preceding the Payment Date
(as defined below); and (a) receive the payment in US Dollars through Caja de Valores S.A. into a local bank account; or (b) into a foreign bank account (the “US Dollar Payment Option”).
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The dividend payment will be made available to the Shareholders as from July 12th, 2022 (the “Payment Date”) on business days from 10 am to 3 pm Buenos Aires time at Caja de
Valores S.A., located at 25 de Mayo 362, City of Buenos Aires. The Shareholders will need to deal with the paperwork required by Caja de Valores S.A. and payments will be made in accordance with applicable regulations.
Shareholders who wish to exercise the US Dollar Payment Option shall give notice to Caja de Valores S.A. and comply with all the procedures and
filings required by Caja de Valores S.A., as from Monday July 4th, 2022 until Friday July 8th 2022 (the “Option Period”) as well as inform if
they choose to receive the payment in a local or a foreign bank account (the “Notice of Option of Payment in US Dollars”). The exercise of the US Dollar Payment Option may not be partial and, therefore, its exercise will comprise the
entire dividend to be received by each Shareholder. Shareholders who have validly submitted a Notice of Option of Payment in US Dollars during the Option Period without indicating a bank account will receive payment in US Dollars through Caja de
Valores S.A. in Argentina through the procedures established for this purpose by the entity.
The following contact channels are available for any filing or query: Telephone: (+5411) 0810-888-7323 or email: Registro@cajadevalores.com.ar.
Shareholders that do not properly exercise the US Dollar Payment Option during the Option Period will receive the dividend payment in Argentine Pesos. Such amount shall be available at Caja de
Valores S.A. in Argentina within the legal statute limitation period through the procedures established for that purpose by the entity. Therefore, Shareholders who do not wish to exercise the US Dollar Payment Option should not make any kind of
notification or take any action.
Shareholders who hold their shares through a depositor (Bank, Agent or Broker), shall notify their decision to exercise the US Dollar Payment Option to that entity which shall communicate this
decision to Caja de Valores S.A. during the US Dollar Payment Option and according to the procedures established by Caja de Valores S.A. for such purposes.
American Depositary Shares (ADSs) holders will receive their payment through the Depositary Bank, Citibank N.A. in US Dollars, as from the date set forth by the respective rules that apply in
the jurisdiction where the Company’s ADSs are listed.
The shareholdings of the Shareholders registered at the close of business on the trading day immediately preceding the Payment Date (the “Record Date”) will be the only ones considered
for the purposes of payment of the dividend. The exercise of the US Dollar Payment Option by any person who is not a holder of the Company’s shares on the Record Date shall be deemed not exercised and without effect.
Dividends to be paid will be subject to the withholding of the amounts paid by the Company in its capacity as Substitute Person Responsible for the Argentine Personal Assets Tax for fiscal year
2021, in the case of those shareholders that are subject to said tax, pursuant to the terms of the last paragraph of the section incorporated by Argentine Law No. 26,452 after section 25 of Argentine Law No. 23,996. It is also informed that,
pursuant to Argentine Law No. 27,430, as amended by Argentine Law No. 20,628 of Income Tax Law (third section without number incorporated after section 90), dividends distributed corresponding to accumulated earnings until December 31st,
2017 are not subject to the withholding tax set forth in such laws. With respect to the dividends distributed corresponding to earnings accrued after January 1st, 2018 will be subject to withholding tax levied at a rate of 7%, pursuant
to Section 7 of Argentine Law No. 27,630, as applicable.
Sincerely,
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Marcos Isabelino Gradin
Investor Relations Officer