Company: PAM
Filing Date: 2025-04-16
Form Type: 20-F
Source: 0001292814-25-001504
Chunk: 58

Company: Pampa Energy Inc.
Filing Date: 2025-04-16
Form: 20-F
Item: Item 8
Chunk 58
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, the latter decided to continue with the procedure. On April 3, 2024, ICC notified the  
         parties of the final award issued by the arbitration court on April 2, 2024, resolving to: (i) reject all of POSA’s claims     
     except one, ordering Pampa to pay the corresponding 33.60% of (a) the payments received under the Leasing Agreement up to the date 
        of the Final Award plus interest and (b) the payments that the Company receives under the mentioned contract and (ii) grant     
              Pampa’s counterclaim. On April 10, 2024, the Company filed an action for a partial annulment of the final award.          
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Additionally, the Company has recorded provisions for civil, commercial, environmental, administrative, labor, tax and customs complaints brought against the Company corresponding to atomized claims with individual unsubstantial amounts, as well as charges for judicial costs and expenses which, as of December 31, 2024, amount to U.S.$ 21.7 million.
 
Set forth below are brief descriptions of the nature of the significant legal proceedings or claims in which the Company is a party. As of December 31, 2024, the Company, in accordance with the analysis of our internal and external legal advisors, considers that such legal proceedings are not viable.
 
Labor Claims - Compensatory Plan
 
We face several legal proceedings associated with one of our defined benefit plans, the “Compensatory Plan” (see “Item 18. Financial Statements—Note 11.8”). We hereinafter describe the nature of currently-pending labor claims:
 
·                                                Claims alleging that the index (IPC) used to                                             
          update the plan benefits is ineffective to keep the benefits’ “constant value”. In two of the cases, the Company obtained       
    a favorable judgment, which has been appealed by the plaintiff. On the contrary, another case has obtained an unfavorable judgment for
                                     the Company and, consequently, we appealed to the respective Court.                                  
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·                                                  Claims on an alleged underfunding of the plan                                                
          upon the elimination of the Company’s contributions based on earnings. The Company obtained a favorable first instance judgment.      
          The plaintiff appealed and the Court of Appeals granted the plaintiff’s claim. Against such ruling, the Company filed a federal       
     extraordinary appeal before the CSJN, which the Court rendered inadmissible. Consequently, the Company filed