The PCF8574 is an 8 bits I/O port expander that uses the I2C protocol. Using this IC, you can use only the SDA and SCL pins of your Arduino board to control up to 8 digital I/O ports.
A0,A1,A2 are address pins
P0,P1,P2,P3,P4,P5,P6,P7 are digital I/O ports
SDA,SCL are the I2C pins
If we set pins A0 to A2 to GND, our device address in binary will be 0x20, thats exactly what I did in my example

pcf8574 pinout
Schematic
Note that the PCF8574 is a current sink device so you do not require the current limiting resistors but my test board had these , doesn’t do any harm just means the LEDs are a bit dimmer

Arduino and PCF8574
Code
This example flashes
#include <Wire.h>
// address of PCF8574 IC
#define PCF8574_ADDR (0x20)
void setup()
{
Wire.begin();
}
void loop()
{
//send the data
Wire.beginTransmission(PCF8574_ADDR);
Wire.write(0xAA);
Wire.endTransmission();
delay(1000);
Wire.beginTransmission(PCF8574_ADDR);
Wire.write(0x55);
Wire.endTransmission();
delay(1000);
}
Link
PCF8574 IO Expansion Board I/O Expander I2C Bus Evaluation Development Module