Counsel to Celulosa Argentina S.A. in the issuance of 8.00% Class 20 Notes for U$S3,699,506 due February 8, 2026 Class 20 Notes are denominated and payable in U.S. dollars and 7.00% Class 21 Notes for U$S11,300,494 due February 8, 2026 Class 21 Notes are denominated in U.S. dollars and payables in Pesos, both under its U$S 150,000,000 Global Notes Program.

Banco de Servicios y Transacciones S.A., Puente Hnos. S.A., Balanz Capital Valores S.A.U., Zofingen Securities S.A., Invertironline S.A.U, Banco Supervielle S.A., Facimex Valores S.A., and GMC Valores S.A. acted as placement agents of the Notes. Banco de Servicios y Transacciones S.A. and Puente Hnos. S.A. acted as arrangers of the issuance, and Banco de Servicios y Transacciones S.A. also acted as settlement agent of this issuance.