On March 31, the Province of Neuquén (the “Province”), has successfully issued the Treasury Notes Series I for a total aggregate amount of AR$14,000,000,000 according to the following:

i) Treasury Notes Series I Class 1 maturing on March 31, 2024, issued for a total aggregate amount of AR$3,353,187,402 with a nominal annual variable rate equivalent to the Badlar rate plus a margin of 8.90%, secured with resources under the Federal Tax Co-Participation Regime paid to the Province;

ii) Treasury Notes Series I Class 2 Trench A maturing on September 30, 2024, issued for a total aggregate of U$S14,886,253 with a nominal annual interest rate of 2.49%, secured with resources under the Federal Tax Co-Participation Regime paid to the Province; and

iii) Treasury Notes Series I Class 2 Trench B maturing on March 31, 2026, issued for a total aggregate of U$S11.843.579 with a nominal annual interest rate of 6.00%, secured with certain Oil Royalties paid to the Province.

iv) Treasury Notes Series I Class 3 Trench A maturing on September 30, 2024, issued for a total aggregate of AR$2,178,000,000 with a nominal annual interest rate of 5.80%, secured with resources under the Federal Tax Co-Participation Regime paid to the Province; and

v) Treasury Notes Series I Class 3 Trench B maturing on March 31, 2026, issued for a total aggregate of AR$2,925,000,000 with a nominal annual interest rate of 8.50%, secured with certain Oil Royalties paid to the Province.

Treasury Notes Series I Class 3 Trench A and Class 3 Trench B were issued with capital adjustable with the variation of the Reference Stabilization Coefficient (CER) under the Fiscal Consensus Law No. 27,634.

Banco Provincia del Neuquén S.A. acted as principal arranger, placement agent and calculation agent; Banco de Galicia y Buenos Aires S.A.U. and Banco Macro S.A. acted as co-arrangers; and Banco de Galicia y Buenos Aires S.A.U., Macro Securities S.A.U., Adcap Securities Argentina S.A., Banco Patagonia S.A., Balanz Capital Valores S.A.U., Banco de Servicios y Transacciones S.A., Compañía Financiera Argentina S.A., Banco Comafi S.A. and TPCG Valores S.A.U. acted as co-placement agents.

TCA Tanoira Cassagne advised the issuer, through a team led by partners Alexia Rosenthal and Jaime Uranga and associates Juan Sanguinetti, Juan Manuel Simó, Teófilo Trusso y Ana Lucía Miranda.

Bruchou & Funes de Rioja advised the co-arrangers and co-placement agents, through partner Alejandro Perelsztein and associates Leandro E. Belusci, Manuel Etchevehere and Branko Serventich.