TCA Tanoira Cassagne advised Rafaela Alimentos S.A., as issuer, and Beccar Varela advised Banco Comafi S.A., Banco Mariva S.A., Banco Supervielle S.A., Banco CMF S.A., Banco de la Provincia de Buenos Aires and Banco de Servicios y Transacciones S.A.U., as arrangers, placement agents and guaranteeing entities, and SBS Trading S.A., as placement agent, on the issuance of: (i) the Series I Class I Notes, denominated and payable in pesos, with a nominal value of AR$5,487,500,000, maturing on March 11, 2028 with interest to be accrued at a floating annual nominal rate equivalent to the TAMAR Rate plus a margin of 0.00%; and (ii) the Series I Class II Notes, denominated in U.S. dollars and payable in pesos at the Applicable Exchange Rate, with a nominal value of US$1,864,797, maturing on March 11, 2028 with interest to be accrued at a fixed annual nominal rate of 5.98% (the “Notes”), under the Automatic Authorization Framework for Low-Impact Public Offerings.

The Notes are fully guaranteed by Banco Comafi S.A., Banco Mariva S.A., Banco Supervielle S.A., Banco CMF S.A., Banco de la Provincia de Buenos Aires and Banco de Servicios y Transacciones S.A.U. in their capacity as guaranteeing entities authorized by the National Securities and Exchange Commission (CNV for its acronym in Spanish)

Rafaela Alimentos S.A. is a family-owned company with over 100 years of experience in the production, marketing and distribution of animal-based food products, primarily sausages, hams, cold cuts, and beef and pork cuts, serving both domestic and international markets. The company owns “Lario,” a renowned brand of sausages and cold cuts.

Legal Counsel of the Issuer: TCA Tanoira Cassagne through a team led by Partners Alexia Rosenthal and Jaime Uranga; and Associates: Teófilo Trusso and Ignacio Larreguy.

Legal Counsel of the Arrangers, Placement Agents and Guaranteeing Entities: Cerolini & Ferrari through a team led by Partner Luciana Denegri; and associates María Victoria Pavani y Martina Puntillo