We advised the transaction agents in Pampa Energia S.A.’s issuance of Notes for US$48,177,297 and $7,885,054,991

New Deal - March 15, 2023

Pampa Energía S.A. (“Pampa Energía“) is 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: (i) 0% additional series 13 corporate bonds, for US$ 48,177,297, due December 19, 2027, denominated in Dollars and subscribed, integrated and payable in Pesos (the “Additional Notes Series 13“); and (ii) additional series 15 corporate bonds, with a nominal value in Pesos of $7,885,054,991, due July 11, 2024, subscribed and integrated in Pesos (the “Additional Notes Series 15“, and together with the Additional Notes Series 13, the “Notes”).

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 Comafi S.A., Banco de Galicia y Buenos Aires S.A.U., Balanz Capital Valores S.A.U., SBS Trading S.A., Banco Mariva S.A., Cocos Capital S.A., Banco Patagonia S.A., TPCG Valores S.A.U., Puente Hnos. S.A., Allaria Ledesma & Cía. S.A., BNP Paribas Sucursal Buenos Aires, Banco de Servicios y Transacciones S.A., Banco de la Provincia de Buenos Aires, Nuevo Banco de Santa Fe S.A., ADCAP Securities Argentina S.A., BACS Banco de Crédito y Securitización S.A. y Banco Hipotecario S.A., acted as placement agents (the “Transaction Agents”), and them were advised by Bruchou & Funes de Rioja.

The Notes were issued on March 6th, 2023, under the Non-Convertible Simple Notes and/or Negotiable Obligations Convertible into Shares Program for up to USD$ 2,000,000,000 (or its equivalent in other currencies or units of value) (the “Program“).

Legal advisors to Pampa Energía S.A.: Salaverri, Burgio & Wetzler Malbrán: Partner Roberto Lizondo. Associates Lucia de Miceu, Matías Solovitas and Santiago Linares Luque.

María Agustina Montes, Maite Zornoza and Juan Manuel Recio as in-house counsels, and Patricio Benegas, Debora Tortosa Chavez and Julieta Castagna as in-house financial advisors.

Legal advisors to the Transaction Agents: Bruchou & Funes de Rioja: Partner José María Bazán. Associates Leandro Exequiel Belusci and Branko Serventich.