Amendment to the VIII Share Buyback Program

Release

Buenos Aires, December 28, 2020. Pampa Energía S.A. (‘Pampa’ or the ‘Company’; NYSE: PAM; ByMA: PAMP) informs that the Board of Directors of Pampa approved today the amendment to the item No 5 of the terms and conditions of the share buyback program approved on October 30, 2020, to a maximum price of US$15 per American Depositary Receipt (‘ADR’) in the New York Stock Exchange (‘NYSE’) and of AR$85.20 per ordinary share in the Bolsas y Mercados S.A. (‘ByMA’), keeping the remaining terms and conditions timely approved unchanged.

For further information, please contact:

Gustavo Mariani – CEO
Gabriel Cohen – CFO
Lida Wang – Investor Relations and Sustainability Officer

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