Repurchase of Own Corporate Bonds

Release

Buenos Aires, June 1, 2020. Pampa Energía S.A. (‘Pampa’ or the ‘Company’; NYSE: PAM; ByMA: PAMP) informs that the Company repurchased during May 2020:

• A face value of US$10.4 million of its bonds maturing in 2023 (‘2023 CBs’) at an average clean price of US$65.5 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$75.6 million of its 2023 CBs; and
• A face value of US$12.8 million of its bonds maturing in 2027 (‘2027 CBs’) at an average clean price of US$60.8 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$104.1 million of its 2027 CBs.

Moreover, as of today the Company holds in treasury a face value of US$7.5 million of its bonds maturing in 2029 (‘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 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