DLA Piper Argentina and TCA Tanoira Cassagne advised on the issuance of $ 20.820.938.705 Additional Class 4 Notes denominated and payable in Argentine Pesos at a variable interest rate, maturing on March 7, 2025, by Empresa Distribuidora y Comercializadora Norte S.A. (EDENOR).

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DLA Piper Argentina advised Empresa Distribuidora y Comercializadora Norte S.A. (hereinafter “Edenor” or the “Issuer”) and TCA Tanoira Cassagne advised Global Valores S.A., Balanz Capital Valores S.A.U., Industrial and Commercial Bank of China (Argentina) S.A.U and Banco de Servicios y Transacciones S.A. as arrangers and placement agents and SBS Trading S.A., Banco Supervielle S.A., Invertir en Bolsa S.A., Puente Hnos S.A., Macro Securities S.A.U, Adcap Securities Argentina S.A, Cocos Capital S.A., and Banco de la Provincia de Buenos Aires as placement agents (hereinafter the “Placement Agents”), in the placement of the $20,820,938,705 Additional Class 4 Notes denominated, integrated and payable in Argentine Pesos at a variable interest rate corresponding to the sum of the ‘Badlar Privada’ Rate and a 3% margin, maturing on March 7, 2025, (hereinafter the “Notes”).

The Notes were issued under the Global Program for the Issuance of Non-Convertible Notes for a face value of up to US$750,000,000 (or its equivalent in other currencies).

The Notes will be additional to the Class 4 Notes previously issued by Edenor on March 7, 2024, having identical terms and conditions in all aspects, except for the issuance date and the issuance price. Thus, they are fungible with each other and constitute a single class of debt securities.

The Notes were issued on March 27, 2024, and will pay interest quarterly basis, being the first date on June 7, 2024.

Edenor will use all of the net proceeds from the issue to invest in infrastructure projects that qualify as investments in Regulatory Capital Assets, including the development and execution of the Issuer’s investment plan, which it is required to carry out under the current regulatory framework.

Edenor is the largest electricity distributor in Argentina in terms of number of customers and electricity sold.

Legal counsel to Edenor

DLA Piper advised Edenor, as issuer, through its partner Alejandro Noblia, and its associates Federico Vieyra and Marcelo Ra.

Internal Legal counsel to Edenor

María José Pérez Van Morlegan, Federico Ponelli and Sabrina Belén Hernández provided Edenor internal legal advice, as issuer.

Legal counsel to the Placement Agents:

TCA Tanoira Cassagne advised the Placement Agents through its partners Alexia Rosenthal, Jaime Uranga and Ignacio Criado Díaz and its associates Lucía Viboud Aramendi, Teófilo Trusso and Juan Francisco Tineo.

In-house legal counsel to the Placement Agents:

Banco de Servicios y Transacciones:Ana Vea Murguía and Melina Lozano.

Industrial and Commercial Bank of China (Argentina):Sonia Lannutti.

SBS Trading: Catalina Menéndez.

Puente Hnos:Hernan Da Silva, Tomas Gonzalez Sabathie and Roxana Bravo.

Macro Securities: Rodrigo Covello and Valeria Lopez Marti.

Financial Advisors

Quantum Finanzas S.A.:Juan Bruno and Juan Martin Ormachea.

Apeiron Capital Markets S.A.: Tomas Rozemberg.

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