DLA Piper Argentina and TCA Tanoira Cassagne advised on the issuance of Class 1 and Class 2 Notes by Empresa Distribuidora de Electricidad de Mendoza S.A.

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DLA Piper Argentina advised Empresa Distribuidora de Electricidad de Mendoza S.A. (hereinafter “Edemsa” or the “Issuer”) and TCA Tanoira Cassagne advised Global Valores S.A., Balanz Capital Valores S.A.U., Banco Supervielle S.A. and Adcap Securities Argentina S.A. as arrangers and placement agents and Banco de Servicios y Transacciones S.A., Max Capital S.A., Banco Mariva S.A., Invertir en Bolsa S.A., Puente Hnos S.A., Macro Securities S.A.U, Provincia Bursátil S.A., e Invertironline S.A.U.as placement agents (hereinafter the “Placement Agents”), in the placement of Class 1 Notes, denominated in UVA, to be subscribed and integrated in Pesos at the Initial UVA value and payable in Pesos at the Applicable UVA value, at a fixed interest rate of 5%, maturing on May 6, 2026, for
UVA 31,928,347 (equivalent to $28,431,873,720.03 at the Initial UVA Value), and in the placement of Class 2 Notes, to be subscribed, integrated, and payable in Pesos at a variable interest rate corresponding to the sum of the “Badlar Privada” Rate and a 7% margin, maturing on May 6, 2025, for $6,607,014,279 (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$80,000,000 (or its equivalent in other currencies and/or units of value or measurement).

The Notes were issued on May 6, 2024, and will pay interest quarterly basis, being the first date on August 6, 2024.

Edemsa will use the net proceeds from the issuance of the Notes to invest in infrastructure projects, including to the development and implementation of the Issuer’s investment plan.

Legal counsel to Edemsa

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

Internal Legal counsel to Edemsa

Andrés Aruani provided Edemsa 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 S.A.: Ana Vea Murguía and Melina Lozano.

Banco Mariva S.A.: María Eugenia Ataefe.

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

Macro Securities S.A.U.: Rodrigo Covello and Valeria Lopez Marti.

Financial Advisors

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

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