A
+GC Panel – ByMA’s Corporate Governance Plus Panel
ABOL – Argentine Business Organizations Law No. 19,550
ADRs/ADSs – American Depositary Receipts
AGIP – Agip Oleoducto de Crudos Pesados BV
Albares – Albares Renovables Argentina S.A.
ANSES – Administración Nacional de la Seguridad Social (National Social Security Administration)
AR$ – Argentine Pesos
B
Bbl – Barrel
BCBA – Bolsa de Comercio de Buenos Aires (Buenos Aires Stock Exchange)
BCRA – Banco Central de la República Argentina (Central Bank of the Republic of Argentina)
BICE – Banco de Inversión y Comercio Exterior (Investment and Foreign Trade Bank)
BNA – Banco de la Nación Argentina (Argentine National Bank)
BO – Boletín Oficial (Public Gazette)
Board of Directors/The Board – Pampa Energía’s Board of Directors
Boe – Barrels of oil equivalent
BOPS – Bi–orientated polystyrene
BTU – British Thermal Unit
Bylaws –Pampa Energía’s Bylaws
ByMA – Bolsas y Mercados Argentinos (Buenos Aires Stock Exchange)
C
CABA – Autonomous City of Buenos Aires
CAMMESA – Compañía Administradora del Mercado Mayorista Eléctrico S.A. (Argentine Wholesale Electricity Market Clearing Company)
CAU – Cargo de Acceso y Uso (Access and Use Position)
CBs – Corporate Bonds
CC – Combined Cycle
CCL – Contado con liquidación
CEADS – Consejo Empresario Argentino para el Desarrollo Sostenible (Argentine Business Council for Sustainable Development)
CEE – Comité Ejecutivo de Emergencia (Emergency Executive Committee)
CENCH – Hydrocarbon unconventional exploitation concession
CEO – Chief Executive Officer
CFE – Consejo Federal de la Energía (Federal Energy Council)
CFO – Chief Financial Officer
CH – Hydroelectric power plant
CIESA – Compañía de Inversiones de Energía S.A.
Citelec – Compañía Inversora en Transmisión Eléctrica Citelec S.A.
CMA – Capital Markets Act No. 26,831
CN – Nuclear power plant
CNG – Compressed Natural Gas
CNV – Comisión Nacional de Valores (National Securities and Exchange Commission)
CNY – Renminbi Chinese currency
Code – Pampa’s Code of Corporate Governance
COPOLAD – Cooperation Programme between Latin America, the Caribbean and the European Union on Drugs Policies
CPB – Central Piedra Buena S.A.
CPD – Costo Propio de Distribución (Own Distribution Cost)
CPI – Consumer Price Index
CSJN – Corte Suprema de Justicia de la Nación Argentina (Supreme Court of Justice of the Republic of Argentina)
CT – Thermal power plant
CTBSA – CT Barragán S.A.
CTEB – Central Térmica Ensenada Barragán
CTEB Trust – Supplementary agreement pursuant to the global administration and financial trusts program for the execution of energy infrastructure works-Series 1- ENARSA (Barragán)
CTG – Central Térmica Güemes
CTGEBA – Central Térmica Genelba
CTIW – Central Térmica Ingeniero White
CTLL – Central Térmica Loma De La Lata
CTP – Central Térmica Piquirenda
CTPP – Central Térmica Parque Pilar
CVP – Costo Variable de Producción (Variable Production Cost)
D
DAD – Desconexión Automática de Demanda de Exportación (Automatic Export Demand Disconnection)
DAG – Desconexión Automática de Generación (Automatic Generation Disconnection)
Dam³ – Cubic decameters
DIGO – Guaranteed Availability Commitments
DisTro – High-Voltage Electric Power Transmission System and/or Main Distribution Electric Power Transmission System
DNU – Decreto de Necesidad y Urgencia (Necessity and Urgency Decree)
DoP – Deliver or Pay
E
E&P – Exploration and Production
EASA – Electricidad Argentina S.A.
EBISA – Emprendimientos Energéticos Binacionales S.A.
EBITDA – Earnings before interest, tax, depreciation and amortization
EcoEnergía – EcoEnergía Co-Generation Power Plant
Edenor – Empresa Distribuidora y Comercializadora Norte S.A.
Eg3 – EG3 Red S.A.
ENARGAS – Ente Nacional Regulador del Gas (National Gas Regulatory Entity)
ENARSA / IEASA – Integración Energética Argentina S.A. (former Energía Argentina S.A.)
Energía Plus – Energía Plus Program, SE Res. No. 1,281/06
ENIM – Ente Autárquico Intermunicipal de Cutral Có y Plaza Huincul (Cutral Có and Plaza Huincul Intermunicipal Autonomous Entity)
ENRE – Ente Nacional Regulador de la Electricidad (National Electricity Regulatory Entity)
ESG – Environment, Social and Governance
Exchange – Voluntary exchange of Petrobras Argentina’s shares for Pampa’s shares
F
FGS – Fondo de Garantía de Sustentabilidad del ANSES (Sustainability Guarantee Fund of ANSES)
FO – Fuel Oil
FOB – Free on Board
FOCEDE – Fondo de Obras de Consolidación y Expansión de Distribución Eléctrica (Fund for Electricity Distribution Expansion and Consolidation Works)
FODER – Fondo para el Desarrollo de Energía Renovables (Fund for the Development of Renewable Energies)
FONINVEMEM – Fondo para Inversiones Necesarias que permitan incrementar la oferta de energía eléctrica en el Mercado Eléctrico Mayorista (Fund for Investments required to increase the Power Supply in the Electricity Wholesale Market)
FOTAE – Fideicomiso de Obras de Transporte para el Abastecimiento Eléctrico (Transportation Works Trust for Electricity Supply)
Fundation – Fundación Pampa Energía
FS – Financial Statements
FV – Face Value
FX – Nominal exchange rate(s)
G
Gas Plus – Natural Gas Production Promotion Program, SE Res. No. 24/08
GB – Great Britain
GDP – Gross Domestic Product
GE – General Electric
GHG – Greenhouse Gases
GO – Gas Oil (Diesel Oil)
Government / National Administration / Federal Government – Federal Government of the Republic of Argentina
GRI – Global Reporting Initiative
GS – Gas Station
GT – Gas Turbine
GU – Large Users
GU300 – Large Users with demands over 300 kW
GUDI – Large Distribution Company Users
GUMA – Major Large Users
GUME – Minor Large Users
GWh – Gigawatt-hour
GyP – Gas y Petróleo de Neuquén S.A.P.E.M.
H
HI – Hydroelectric plants
HIDISA – Hidroeléctrica Diamante S.A.
HINISA – Hidroeléctrica Los Nihuiles S.A.
HPPL – Hidroeléctrica Pichi Picún Leufú
Hydrocarbon Investments Committee – National Plan for Hydrocarbon Investments’ Strategic Planning and Coordination Committee
I
IAS – International Accounting Standards
ICBC – Industrial and Commercial Bank of China Dubai Branch
ICC – International Chamber of Commerce
ICE – Internal combustion engines
ICSID – International Centre for Settlement of Investment Disputes
IDB – Inter-American Development Bank
IFRS – International Financial Reporting Standards
IGJ – Inspección General de Justicia (Public Registry of Organizations)
IMF – International Monetary Fund
INDEC – Instituto Nacional de Estadística y Censos de Argentina (National Institute of Statistics and Censuses)
IPIM – Índice de Precios Internos al por Mayor (Wholesale Domestic Price Index)
IVC – Índice de Variación de Costos (Cost Variation Index)
K
Kb/kbbl/kboe – Thousand barrels/thousand barrels of oil equivalent
kCal – Kilocalories
Km – Kilometers
kton – Thousand tons
kW – Kilowatt
kWh – Kilowatt-hour
L
LGN – Liquefied Natural Gas
LGP – Liquefied Petroleum Gas
LU300 – Large users with demands in excess of 300 kW
LVFVD – Liquidaciones de Ventas sin Fecha de Vencimiento a Definir (Sales Settlements with Maturity Date to be Defined)
M
M&A – Mergers and acquisitions
M3 – Cubic meters
MAN Engines – MAN Diesel B&W engines, model 18V32/40PGI
MAT – Term Market
MAT ER – Term Market from Renewable Energy Sources
MBTU – Million BTUs
MDP – Ministry of Productive Development (former SGE)
MECON – Ministry of Economy
Medanito La Pampa – 25 de Mayo – Medanito Sudeste block, located in the Province of La Pampa
MEGSA – Mercado Electrónico de Gas S.A.
Merval – Mercado de Valores de Buenos Aires (Buenos Aires Securities Market)
MEyM – Former Ministry of Energy and Mining
MULC – Free and Single Foreign Exchange Market
MinEn – Former Ministry of Energy (former MEyM)
MMC – Cost Monitoring Mechanism
MTO – Cash tender offer to the minority shareholdings of Petrobras Argentina
MW – Mega watt
MWh – Mega watt-hour
N
N.a. – Not applicable
n.d. – Not available
NGL – Natural Gas Liquids
NYSE – New York Stock Exchange
O
OCP – Oleoducto de Crudos Pesados
OED – Organismo Encargado del Despacho (Agency in Charge of Dispatch)
Offers – The MTO and the Exchange
OldelVal – Oleoductos del Valle S.A.
P
PACOGEN – Pampa Cogeneración S.A.
Pampa / the Company / the Group / the Issuer – Pampa Energía S.A. and its subsidiaries
Pampa’s Shares – Pampa’s common shares in book-entry form with a face value of AR$1 each and each granting the right to one vote
PEB – Pampa Energía Bolivia
PEFM – Parques Eólicos del Fin del Mundo
PEISA – Petrobras Energía Internacional S.A.
PELSA – Petrolera Entre Lomas S.A.
PEMC – Parque Eólico Ingeniero Mario Cebreiro
PEN – Poder Ejecutivo Nacional (National Executive Branch)
PEPASA / Petrolera Pampa – Former Petrolera Pampa S.A.
PEPE – Parque Eólico Pampa Energía
Petrobras Argentina – Former Petrobras Argentina S.A.
Petrobras Brasil – Petrobras Brasileiro S.A.
PGSM – Puerto General San Martín port
Pilot – Blocks with an Initial Production of unconventional gas lower than 500,000 m3/d
PIST – Transportation System Entry Point or natural gas price at wellhead
Plan Gas.Ar – 2023 – 2028 Reinsurance and Enhancement Plan for Federal Hydrocarbon Production, Internal Self-Sufficiency, Exports, Import Substitution, and Expansion of Transportation System for All Hydrocarbon Basins in the Country (DNU No. 730/22) and Argentine Natural Gas Production Promotion Plan – 2020 – 2024 Supply and Demand Scheme (DNU No. 892/20 and supplementary provisions)
Polisur – PBB Polisur S.A.
PPA – Power Purchase Agreement
PPI – Wholesale Internal Price Index
Priority Demand – Set of residential users, hospitals, schools, healthcare centers and other essential services
Producers and Refiners’ Agreement – Agreement for the Transition to International Prices in the Argentine Hydrocarbon Industry
PTQ – Petrochemicals segment
PUREE – Program for the Rational Use of Electric Power
Q
QSELH – Quality, Safety, Environment and Labor Health
R
R&D – Refining and Distribution segment
RBB – Bahía Blanca Ricardo Eliçabe Refinery
RCD – Campo Durán Refinery
RDSA – Rivera Desarrollos S.A.
RECPAM – Results from net monetary position
Refinor – Refinería del Norte S.A.
RENPER – Registry of Renewable Electric Power Generation Projects
Res. – Resolution(s)
RET – Régimen Especial Temporario (Temporary Special Regime)
RTI – Integral Tariff Review
RTOP – Public Offering Transparency Regime, Executive Order No. 677/01
RTP – Plant’s thermal reduction
S
S&P – Standard & Poor’s Global Ratings
SACDE – Sociedad Argentina de Construcción y Desarrollo Estratégico S.A.
SADI – Sistema Argentino de Interconexión (Argentine Electricity Grid)
SBR – Styrene Butadiene Rubber
SADI – Sistema Argentino de Interconexión (Argentine Electricity Grid)
SDG – Sustainable Development Goal(s)
SE – Former Secretariat of Energy
SEC – Security and Exchange Commission
SECT – Section(s)
SEDRONAR – Secretariat of Planning for the Prevention of Drug Addiction and Action against Drug Trafficking
SEE – Subsecretariat of Electric Energy (former Secretariat of Electric Energy)
SGE – Subsecretariat of Electric Energy (former Secretariat of Electric Energy)
SGE – Former Government Secretariat of Energy (former MinEn)
SHC – Subsecretariat of Hydrocarbons and Fuels
SME – Subsecretariat of Electricity Market
Solidarity Law – Social Solidarity and Productive Reactivation Law No. 27,541 within the framework of the Public Emergency
SOX – Sarbanes-Oxley Act
SRH – Subsecretariat of Hydrocarbon Resources (former Secretariat of Hydrocarbon Resources)
SRRYME – Secretariat of Renewable Resources and Electricity Market
ST – Steam Turbine
T
Telcosur – Telcosur S.A.
TG – Turbina a gas
TGS – Transportadora de Gas del Sur S.A.
TIBA – Transportista Independiente Buenos Aires S.A.
TJSM – Termoeléctrica José de San Martín
TMB – Termoeléctrica Manuel Belgrano
TOE – Ton of oil equivalent
Ton – Metric ton
ToP – Take or pay
Trafigura – Trafigura Ventures B.V. and Trafigura Argentina S.A.
Transba – Empresa de Transporte de Energía Eléctrica por Distribución Troncal de la Provincia de Buenos Aires Transba S.A.
Transelec – Transelec Argentina S.A.
Transener – Compañía de Transporte de Energía Eléctrica en Alta Tensión Transener S.A.
TWh – Terawatt-hour
U
UN – United Nations
Unconventional Plan Gas – Encouragement Program for the Investment in Development of Natural Gas Production from Unconventional Reservoirs Program, MEyM Res. No. 46, 419, 447 /17 and 12/18
UNIREN – Public Utility Contract Renegotiation and Analysis Unit
US$ – U.S. Dollars
UTE – Joint Venture
V
VAD – Distribution Added Value
VAT – Value-added tax
VCPs – Short-Term Debt Securities
VRDs – Debt Securities
W
WEM – Wholesale Electricity Market
WFP – Wind Farm Project
