TCA Tanoira Cassagne advised Arbitra S.A. as issuerand Banco Supervielle S.A. and Banco de la Provincia de Buenos Aires as arrangers and placement agents (the “Placement Agents”), in the issuance of Series I Notes under the Low-Impact Public Offering Regime with Automatic Authorization for an aggregate amount of AR$900,000,000 (the “Notes”), denominated and to be paid in pesos, due on December 16, 2027, which will accrue interest at a floating rate equal to the Private TAMAR Rate plus a 2.48% margin. The Notes were issued on December 16, 2025.

The Notes are fully guaranteed by Banco Supervielle S.A. and Banco de la Provincia de Buenos Aires as Guarantee Entities duly authorized by the National Securities Commission (“CNV” for its acronym in Spanish).

Arbitra is the company that represents the Avis and Budget brands in the Argentine Republic, a global leader in mobility solutions.

Deal counsel

TCA Tanoira Cassagne:Partners Alexia Rosenthal and Jaime Uranga, and Associates Carolina Mercero and Stefania Lo Valvo.