GRUPO FINANCIERO GALICIA S.A

Ticker: GGAL CUSIP: 399909100 Class: SPONSORED ADR

BW Gestao de Investimentos Ltda.'s Holding History (CIK: 0001568280)

Note: Option positions (PUT/CALL) are excluded.

Q2 2019

Shares 20,000 Value ($000) $710 Avg Close — Range —

Q1 2019

Shares 20,000 Value ($000) $510 Avg Close — Range —

Q3 2018

Shares 9,100 Value ($000) $231 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2019	20,000	$710	—	—
Q1 2019	20,000	$510	—	—
Q3 2018	9,100	$231	—	—