Company: PAM
Filing Date: 2025-04-16
Form Type: 20-F
Source: 0001292814-25-001504
Chunk: 93

Company: Pampa Energy Inc.
Filing Date: 2025-04-16
Form: 20-F
Item: Item 16G
Chunk 93
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 set forth in
the applicable rules and regulations in force in Argentina, Pampa’s bylaws and the rules of the committee. The Compensation Committee
reports to the Board of Directors and will consist of three regular members and equal or lower number of alternate members, who shall
not serve in executive offices at Pampa.

As of the date of this
annual report, Pampa’s Compensation Committee is composed as follows:

  Name                     Position          
  Gabriel Szpigiel         President         
  Silvana Wasersztrom      Regular Member    
  Carolina Zang            Regular Member    
  Clarisa Lifsic           Alternate Member  

Share Ownership

As
of March 31, 2025, the following members of our board of directors and our senior management had an ownership interest in our capital
stock of: Marcos Marcelo Mindlin (14.45%), Gustavo Mariani (2.81%), Damian Miguel Mindlin (2.79%),
Ricardo Alejandro Torres (1.89%), Horacio Turri (0.51%) and Mauricio
Penta (0.01%). No other member of our board of directors or our senior management beneficially owns any shares of our capital stock.
See “ Item 7. Major Shareholders and Related Party Transactions.

Employees

Excluding those employed
by us on a temporary basis and including controlled-subsidiaries, as of December 31, 2024, we had 1,847 full time employees. Additionally,
we operate CTEB, which is jointly owned with YPF and has 105 full-time employees.

Approximately 50.78% of
our workforce is affiliated with a union and/or is a party to a collective bargaining agreement. We have completed salary negotiations
for 2024, except for Zarate Plant, where 2024 salary negotiations are still under discussion. We maintain a positive relationship with
each of the employee unions at the Company and our subsidiaries’ levels.

We offer a variety of benefits
beyond those required by the Argentine Labor Contract Law but make no payments to retirees or terminated employees. In accordance with
the agreements we have entered with the unions at some of our subsidiaries, we are required to pay certain seniority premiums to retiring
employees as a one-time payment upon retirement.

  Item 7.      Major Shareholders and Related Party Transactions  
 ──────────────────────────────────────────────────────────────────

Major Shareholders

On April 26, 2023, the
extraordinary general meeting of shareholders approved