Company: PAM
Filing Date: 2025-04-16
Form Type: 20-F
Source: 0001292814-25-001504
Chunk: 27

Company: Pampa Energy Inc.
Filing Date: 2025-04-16
Form: 20-F
Item: Item 3
Chunk 27
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 Muerta Oil Sur Project
RIGI’s application was approved on March 21, 2025 by the Ministry of Economy’s Resolution Nº 302/2025. As of the date
of this Report, the approval by the relevant authorities of the FLNG Project RIGI’s application is pending.

Quality, Health, Safety and Environment

We are committed to developing
our businesses with the highest quality, safety, environmental and labor health standards for personal welfare, environmental care and
energy efficiency. We want to meet current needs without compromising future generations, pursuing sustainable development.

Our QHSE Policy incorporates
essential principles for health and safety, environmental protection, efficient use of energy and natural resources, and our operations’
reliability. This approach includes ten management principles serving as a guide for agile and effective implementation.

In 2024, we launched the Cultural
Evolution Program in QHSE, structured around leadership, learning, communication and participation. Management initiatives in all operations
complemented this program, promoting cultural evolution to achieve operational excellence and consolidate our position as a sustainable
company. In 2024, the Program had 14 initiatives, achieving more than 93% progress.

Quality

We further our management quality
using ISO standards and the Argentine national quality prize model, seeking continuous improvement. We apply methodologies such as the
operational risk management matrix (RMM), the QHSE performance cycle, certified management systems administration and daily management
quality.

We apply the RMM to reduce the
risks inherent in our operations. In 2024, we made progress in mitigating the major risks detected at the 2023 RMM cycles evaluation,
achieving 66% progress. Moreover, at Power Generation, we obtained the National Quality Award in digital transformation management, a
valuable recognition of leadership, management and results in this field.

We maintained ISO 9001 (quality
management), 14001 (environmental management) and 45001 (occupational health and safety) certifications in all businesses and ISO 55001
(asset management) in all power plants, and expanded ISO 50001 certification to Rincón de Aranda, PEA and PEPE VI. In addition,
we continued implementing improvements in QHSE applications, automated indicators and reinforced QHSE training through digital and face-to-face
platforms and made several campaigns on our “ Conecta” platform.

Finally, since 2013, outstanding
improvement practices at Pampa have been selected