Company: PAM
Filing Date: 2025-04-16
Form Type: 20-F
Source: 0001292814-25-001504
Chunk: 78

Company: Pampa Energy Inc.
Filing Date: 2025-04-16
Form: 20-F
Item: Item 12
Chunk 78
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Item 12.   Description of Securities Other than Equity Securities
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DESCRIPTION OF AMERICAN DEPOSITARY SHARES
 Payment of Taxes
 The holders of ADSs will be responsible for any taxes or other governmental charges payable on their ADSs or on the deposited securities represented by any of their ADSs. The depositary may refuse to register any transfer of the ADSs or allow the holders to withdraw the deposited securities represented by their ADSs until such taxes or other charges are paid. The depositary may apply payments owed to the holders or sell deposited securities represented by their American Depositary Shares to pay any taxes owed and the holder will remain liable for any deficiency. If the depositary sells deposited securities, it will, if appropriate, reduce the number of ADSs to reflect the sale and pay to ADS holders any proceeds, or send to ADS holders any property, remaining after it has paid the taxes.
 
Fees and Expenses for Holders of ADRs
 
                                                                                    Persons                                                                                                                                                                   For:                                                                           
                                                                        depositing or withdrawing shares                                                                                                                                                                                                                                     
                                                                            or ADS holders must pay:                                                                                                                                                                                                                                         
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· U.S.$5.00 (or less) per 100 ADSs (or portion of 100 ADSs)                                                                                                                       ·                                                                                                                                                          
                                                                                                                                                                                  Issuance of ADSs, including issuances resulting from a distribution of                                                                                     
                                                                                                                                                                                  shares or rights or other property; and                                                                                                                    
                                                                                                                                                                                  ·                                                                                                                                                          
                                                                                                                                                                                  Cancellation of ADSs for the purpose of withdrawal, including if the deposit                                                                               
                                                                                                                                                                                  agreement terminates                                                                                                                                       
· U.S.$0.02 (or less) per ADS                                                                                                                                                     · Any cash distribution to ADS holders                                                                                                                     
· A fee equivalent to the fee that would be payable by the holder if the Company distributes shares and the holder deposits the shares with the depositary for issuance of ADSs   · Distribution of securities to holders of deposited securities which are distributed by the depositary to ADS holders                                     
· U.S.$0.02 (or less) per ADS per calendar year                                                                                                                                   · Depositary services                                                                                                                                      
· Registration or transfer fees                                                                                                                                                   · Transfer and registration of shares on our share register to or from the name of the depositary or its agent when the holder deposits or withdraws shares

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Table of Contents
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                                                                                · Expenses of the depositary                                                                                                                      ·                                    
                                                                                                                                                                                               Cable, telex and facsimile transmissions (when expressly provided in the
                                                                                                                                                                                                                       deposit agreement); and