On August 18, 2023, Capex S.A. (“Capex”), an Argentinean integrated energy company engaged in oil and gas exploration and production, production of gas liquified gas products, thermal and renewable power generation and hydrogen production, successfully concluded the exchange offer of its 6.875% Notes due 2024 (the “Old Notes”), for newly issued 9.250% Notes due August 25, 2028 (the “New Notes”) and cash consideration (the “Exchange Offer”); as provided in the Suplemento de Prospecto y Canje and the Exchange Offering Memorandum, both dated July 24, 2023 (as subsequently amended).

Capex concluded the Exchange Offer with a total participation of US$ 197.398.0000 in aggregate principal amount of Old Notes, representing 82.65% of the aggregate principal amount of Old Notes outstanding.

Citigroup Global Markets Inc. and Santander US Capital Markets LLC acted as dealer managers (the “Dealer Managers”), and Industrial and Commercial Bank of China (Argentina) S.A.U., Banco de Galicia y Buenos Aires S.A.U., Banco Santander Argentina S.A. and Banco CMF S.A. acted as local placement agents (the “Local Placement Agents”).

Counsel to Capex S.A.

Salaverri, Burgio & Wetzler Malbrán acted as local legal counsel through its team led by partner Roberto Lizondo and associates Josefina Ryberg, Natalia Ostropolsky, Delfina Meccia, Santiago Linares Luque and Jorge Chiro Tarrab.

Linklaters LLP acted as New York legal counsel through its team led by partner Conrado Tenaglia, counsel Alejandro Gordano and associates Madeleine Blehaut, Juan Mata, Monica Perez-Banuet Farell and Mario Lercari.

In-House Counsel to Capex S.A.

Capex was advised by its in-house legal team led by Norberto Larrosa and Nicolás Buhler, and its in-house financial team led by Matías Salerno, Leonardo D´Alessandro, Gabriela Mercorelli and Claudio Armada.

Counsel to the Dealer Managers and the Local Placement Agents

Bruchou & Funes de Rioja acted as local legal counsel through its team led by partner Alejandro G. Perelsztein and associates Leandro Belusci, Josefina Mortola Saiach and Sofia Maselli.

Cleary Gottlieb Steen & Hamilton LLP acted as New York legal counsel through its team led by Juan G, counsel Giráldez Emilio Minvielle and associates Ignacio Lagos and Rodrigo Lopez Lapeña.