Company: PAM
Filing Date: 2025-04-16
Form Type: 20-F
Source: 0001292814-25-001504
Chunk: 62

Company: Pampa Energy Inc.
Filing Date: 2025-04-16
Form: 20-F
Item: Item 8
Chunk 62
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 amount due, plus interest, which was borne by the National     
       State during the term of the Executive Order 1053/18 for the difference in the exchange rate between the price of gas purchased by gas   
       distributors and the price of gas recognized in the final rates of gas distributors for the April 2018-March 2019 period. On September   
       1, 2021, a motion for prompt intervention was filed. On December 2, 2021, the Company filed a writ of amparo for late payment seeking    
          the defendant’s compliance, which was later rejected. Against this decision, the Company filed an appeal, which was rejected by       
    the acting Court. Since the term for MECON to make a statement on the RAP has expired, the Company brought a proceeding against the National
                                                        State. The case is open to evidence.                                                    
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 Civil and Commercial claims
 

-                                                   Pampa Bloque18, in its capacity as assignee of                                               
          the Ecuadorian company Petromanabí S.A., has filed an international arbitration proceeding against the Republic of Ecuador seeking     
        the payment of 12% of the Settlement Value, the latter pursuant to the terms of the Hydrocarbon Exploration and Crude Oil Exploitation   
         Participation Agreement in Block 18 entered into on December 19, 1995 and/or the Hollín Common Field Unified Exploitation Operating     
           Agreement executed on August 7, 2002 —in both cases, as amended. The arbitration will be conducted according to the Arbitration       
    Rules of the United Nations Commission on International Trade Law, the applicable law will be the Ecuadorian law, and the seat of arbitration
        will be the City of Santiago de Chile. The first stages of the international arbitration process began in 2021. As of the date of this   
                                                  report, the arbitration process is still ongoing.                                              
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-                                              The Company has initiated an international arbitration                                          
        against High Luck Group Limited – Sucursal Argentina for certain breaches of the Farmout Agreement and the Joint Operating Agreement   
    regarding Chirete Block entered into on April 1, 2015. On August 23, 2023, the Arbitration Court issued a Partial Award, with costs against
      the defendant, in which it ruled that High Luck breached the aforementioned Contract, but that this fact does not enable the Company to  
             exercise the option of retrocession. provided therein. On August