Legal Advice in the Issuance of Series IX Notes of MSU S.A. for US$ 15,000,000

Counsel to Balanz Capital Valores S.A.U., Banco Galicia y Buenos Aires S.A.U., Banco Supervielle S.A., Banco de la Provincia de Buenos Aires, and Puente Hnos. S.A. as arrangers and placement agents, in the issuance of MSU S.A.’s 4% Series IX Notes for US$ 15,000,000 issued on August 24, 2021 and due July 24, 2023 under its US$ 50,000,000 Global Notes Program.

Balanz Capital Valores S.A.U., Banco Galicia y Buenos Aires S.A.U., Banco Supervielle S.A., Banco de la Provincia de Buenos Aires, and Puente Hnos. S.A. acted as arrangers and placement agents. Banco Galicia y Buenos Aires S.A.U. also acted as Settlement Agent for the Series IX Notes.