UNDERWRITING AGREEMENTUnderwriting Agreement • December 1st, 2015 • Pampa Energy Inc. • Electric services • New York
Pampa Energía S.A., a corporation (sociedad anónima) (the “Company”) organized under the laws of the Republic of Argentina (“Argentina”); Mindlin Warrants S.A., a corporation (sociedad anónima) organized under the laws of the Republic of Uruguay (“Uruguay”), wholly-owned by Marcos Marcelo Mindlin; DM Warrants S.A., a corporation (sociedad anónima) organized under the laws of the Republic of Uruguay, wholly-owned by Damián Mindlin; GMA Warrants S.A., a corporation (sociedad anónima) organized under the laws of the Republic of Uruguay, wholly-owned by Gustavo Mariani; and RT Warrants S.A. a corporation (sociedad anónima) organized under the laws of the Republic of Uruguay, wholly-owned by Ricardo Torres (Marcos Marcelo Mindlin, Damián Mindlin, Gustavo Mariani and Ricardo Torres, together, the “Guarantors,” and Mindlin Warrants S.A., DM Warrants S.A., GMA Warrants S.A. and RT Warrants S.A., together, the “Warrant Holders”), confirm their respective agreements with Merrill Lynch, Pierce, F
