Repurchase of Own Corporate Bonds

Release

Buenos Aires, April 30, 2020. Pampa Energía S.A. (‘Pampa’ or the ‘Company’; NYSE: PAM; ByMA: PAMP) informs that the Company repurchased during April 2020:

• A face value of US$10.5 million of its bonds maturing in 2023 (‘2023 CBs’) at an average clean price of US$65.8 per face value of US$100, which in addition to those held in treasury by the Company, amounted to a total face value of US$65.2 million of its 2023 CBs;
• A face value of US$8.5 million of its bonds maturing in 2027 (‘2027 CBs’) at an average clean price of US$62.1 per face value of US$100, which in addition to those held in treasury by the Company, amounted to a total face value of US$91.2 million of its 2027 CBs; and
• A face value of US$0.2 million of its bonds maturing in 2029 (‘2029 CBs’) at an average clean price of US$59.0 per face value of US$100, which in addition to those held in treasury by the Company, amounted to a total face value of US$7.5 million of its 2029 CBs.

For further information, please contact:

Gustavo Mariani – Chief Executive Officer
Ricardo Torres – Vice-President
Mariano Batistella – Planning, Strategy, Downstream and Affiliates Executive Director
Lida Wang – Investor Relations Officer

The Pampa Energía Building
Maipú 1, (C1084ABA), Buenos Aires, Argentina
Phone: +54 (11) 4344 6000
ri.pampaenergia.com/en
investor@pampaenergia.com