We advised the placement agents on Pampa Energía S.A.’s issuance of Notes for US$55,171,308

Pampa Energía S.A. (“Pampa Energía“), the leading, independent and integrated energy company in Argentina with participation in electricity and gas value chain, successfully completed the placement and issuance in the local market of fixed nominal annual 6.00% interest rate Series 20 corporate notes, for a nominal value equivalent to US$ 55,171,308, due March 26, 2026, denominated, subscribed, integrated and payable in Dollars, abroad (the “Notes Series 20” or the “Notes“, indistinctly). The Notes will amortize the principal in one single instalment on the due date.

Pampa Energía was advised by Salaverri, Burgio & Wetzler Malbrán; while Banco Santander Argentina S.A., Industrial and Commercial Bank of China (Argentina) S.A.U., Banco de Galicia y Buenos Aires S.A.U., Cocos Capital S.A., Banco Patagonia S.A., Banco de Servicios y Transacciones S.A., Banco de la Provincia de Buenos Aires, ADCAP Securities Argentina S.A., Allaria S.A., Banco Mariva S.A., BACS Banco de Crédito y Securitización S.A., Banco Hipotecario S.A., Banco BBVA Argentina S.A., Balanz Capital Valores S.A.U., SBS Trading S.A. and Banco de la Provincia de Córdoba S.A. acted as placement agents (the “Transaction Agents”), and them were advised by Bruchou & Funes de Rioja.

The Notes were issued on March 26^th, 2024, under the Non-Convertible Simple Notes and/or Negotiable Obligations Convertible into Shares Program for up to US$ 1,400,000,000 (or its equivalent in other currencies or units of value) (the “Program“).

The Notes have been admitted for listing in Bolsas y Mercados Argentinos S.A. panel, and authorized for its negotiation in the Mercado Abierto Electrónico S.A. Additionally, they have been locally rated on March 19^th 2024 by FIX SCR S.A. Agente de Calificación de Riesgo “AA+(arg)” with stable outlook (perspectiva estable).

Legal advisors to the Transaction Agents:

Bruchou & Funes de Rioja‘s Banking & Capital Markets Department through Partner José María Bazán and Associates Leandro E. Belusci, Agustín Caputo and Melina Signorello.

Legal advisors to Pampa Energía S.A.: Salaverri, Burgio & Wetzler Malbrán: Partner Roberto Lizondo. Associates Delfina Meccia, Santiago Linares Luque and Jorge Antonio Carreras.

María Agustina Montes, Maite Zornoza, Juan Manuel Recio and Camila Mindlin as in-house counsels, and Adolfo Zuberbuhler, Débora Tortosa Chavez and Julieta Castagna as in-house financial advisors