As of May 7, 2020, Pampa issued 1,747,873,239 common shares with a par value of one Argentine peso and one vote per share. However, the Shareholders’ Meeting of Pampa held on April 7, 2020 approved the capital stock reduction of 151,585,025 common treasury shares, acquired under the Share Buyback Programs. This reduction is pending of registration before the Argentine Public Registry of Organizations (‘IGJ’ or Inspección General de Justicia) and, once approved, Pampa Energía’s issued capital stock amounts to 1,596,288,214 common shares.

As of November 11, 2020, Pampa’s outstanding capital stock net of shares in treasury and cancellations amounts to 1,455,501,255 common shares.

For more information, please see Ownership Breakdown section.