Pampa Energia S.A. :- Repurchase of Own Corporate Bonds

Buenos Aires - Pampa Energia 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').

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 Energia Building

Maipu 1, (C1084ABA), Buenos Aires, Argentina

Phone: [phone]

ri.pampaenergia.com/en

[e-mail]

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