The purpose of this letter is to comply with the requirements of article 23, section 8, Chapter VI of the ByMA Listing Regulations, in order to inform the changes to the composition of YPF S.A.’s Board of Directors. In that regard, the company announced that at its meeting held on November 10, 2020 the Company’s Board of Directors considered and decided to accept the resignations of Messrs. Néstor Javier David and Gerónimo Miranda Cid, as Director and Alternate Director for Class D shares, respectively, strictly for personal reasons. According to the provisions set forth in article 258 of the Ley General de Sociedades 19,550 and article 13 of YPF’s bylaws -Vacancies-, the members of the Supervisory Committee for Class D shares appointed Ms. María de los Ángeles Roveda as Director for Class D shares, by virtue of the above mentioned vacancy, until the election of directors by the Shareholders’ Meeting.