We advised Luz de Tres Picos in the issuance of the Series 4 Notes which qualify as Green Bonds

Bruchou & Funes de Rioja advised Luz de Tres Picos S.A. (the “Company“) and TCA Tanoira Cassagne advised Allaria Ledesma & Cía S.A., AWM Valores S.A., BACS Banco de Crédito y Securitización S.A., Balanz Capital Valores S.A.U., Banco BBVA Argentina S.A., Banco de Galicia y Buenos Aires S.A.U., Banco de Servicios y Transacciones S.A., Banco Hipotecario S.A., Banco Itaú Argentina S.A., Banco Patagonia S.A., Banco Santander Argentina S.A., Banco Supervielle S.A., BNP Paribas Sucursal Buenos Aires, Facimex Valores S.A., Industrial and Commercial Bank of China (Argentina) S.A.U., Max Capital S.A., PP Inversiones S.A., and TPCG Valores S.A.U as placement agents (collectively the “Placement Agents“), in the issuance of the Series 4 Notes for a par value of US$80,000,000 (U.S. dollars eighty million) that qualified as Green Bonds (the “Notes“), issued under its Notes Issuance Global Program for up to US$ 300,000,000 (U.S. dollars three hundred million) (or its equivalent in other currencies or units of value).

The Notes were issued in line with the four main components of the International Capital Market Association’s Green Bond Principles, were issued following the ‘Guidelines for the Issuance of Social, Green and Sustainable Marketable Securities in Argentina and the provisions of the Social, Green and Sustainable Bonds Guide of the Argentine Stock Exchange and Markets Panel (ByMA). Thus, in the green bond evaluation carried out by FIX SCR S.A., they have both been qualified as “BV1 (arg)”.

The Notes have been authorized for its listing on ByMA’s Green Panel and for its negotiation on Mercado Abierto Electrónico S.A. (“MAE”).

Legal counsel to Luz de Tres Picos S.A.

Bruchou & Funes de Rioja: Partner José María Bazán and associates Manuel Etchevehere, Facundo Suárez Loñ and Branko Serventich.

Luz de Tres Picos S.A. in-house legal counsel:  Mariano Juarez Goñi, Florencia Fridman and Anabela Mengoni.

Legal counsel to the Placement Agents

TCA Tanoira Cassagne: Partners Alexia Rosenthal, Jaime Uranga and Rocío Carrica and associates Pilar Domínguez Pose, Carolina Mercero and Matías Molina.

Placement Agents in-house legal counsel

Allaria Ledesma & Cía S.A.: Ezequiel Politi

BACS Banco de Crédito y Securitización S.A.: Solange Spinelli and Pablo Vidal Raffo.

Balanz Capital Valores S.A.U.: Ana Paula Dandlen and Luciano Taraciuk.

Banco BBVA Argentina S.A.: María Gabriela Mancuso and María Dolores Distefano.

Banco de Galicia y Buenos Aires S.A.U.: Enrique Cullen, Fernan Pereyra de Olazabal and Patricia Araujo.

Banco Hipotecario S.A.: Guillermo Miedan.