Tavarone, Rovelli, Salim & Miani acted as legal counsel to Celulosa Argentina S.A. while Bruchou & Funes de Rioja acted as legal counsel to Banco de Servicios y Transacciones S.A., Puente Hnos. S.A., Balanz Capital Valores S.A.U., Invertironline S.A.U, Zofingen Securities S.A., Banco Supervielle S.A., Banco de Galicia y Buenos Aires S.A.U., Adcap Securities Argentina S.A., Banco de la Provincia de Buenos Aires and Banco CMF S.A., in the public offering of 9.25% Class 18 Notes for U$S34,873,114 due May 16, 2028 Class 18 Notes are denominated and payable in U.S. dollars, and 6.99% over Badlar Rate Class 19 Notes for AR$4,533,448,945 due May 16, 2025 Class 19 Notes are denominated and payables in Pesos, both issued by Celulosa Argentina S.A. on May 16, 2024 under its U$S150,000,000 Global Notes Program.

Banco de Servicios y Transacciones S.A., Puente Hnos. S.A., Balanz Capital Valores S.A.U., Invertironline S.A.U, Zofingen Securities S.A., Banco Supervielle S.A., Banco de Galicia y Buenos Aires S.A.U., Adcap Securities Argentina S.A., Banco de la Provincia de Buenos Aires and Banco CMF S.A. acted as placement agents of the Notes. Banco de Servicios y Transacciones S.A. and Puente Hnos. S.A. acted as arrangers of the issuance, and Banco de Servicios y Transacciones S.A. also acted as settlement agent of this issuance.

External Counsels to Celulosa Argentina S.A.

Tavarone, Rovelli, Salim & Miani through its team led by partner Marcelo R Tavarone, together with associates Martina Ximena Sumaria Gutiérrez, Carolina Pilchik and Juan Cruz Carenzo.

External Counsel to Banco de Servicios y Transacciones S.A., Puente Hnos. S.A., Balanz Capital Valores S.A.U., Invertironline S.A.U, Zofingen Securities S.A., Banco Supervielle S.A., Banco de Galicia y Buenos Aires S.A.U., Adcap Securities Argentina S.A., Banco de la Provincia de Buenos Aires and Banco CMF S.A.

Bruchou & Funes de Rioja through its team led by partner José María Bazán, together with associates Leandro Exequiel Belusci, Melina Signorello and Malena Tarrío.